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Wealth and Asset Management

06/12/2023

Schroders, BNP Paribas among foreign firms rushing to tap China’s US$18 trillion wealth-management opportunity

BNP Paribas and Agriculture Bank of China launch wealth-management joint-venture as regulator vows consistent and continued financial opening

06/12/2023

DBS Launches Bank-Backed Multi-Family Office

Singapore’s VCC structure is designed specifically for family offices in the city-state with both operational and tax benefits.

06/09/2023

Leader for NAB Private Wealth takes world stage

Private banker gets international accolade

06/07/2023

Private Banks: Outsourcing Consolidation

With only 1.2 billion dollars assets under management, it is small in size, yet the deal proves the buyer's growth ambitions in Asia.

06/07/2023

With Asia's wealth management revenue set to hit $90 bil by 2025, private banking to enjoy 'significant' growth: WWF-SG

WWF-Singapore conducted a pilot study from October 2022 to February with seven private banks that have presence in Singapore and headquarters in the US, Europe and Asia.

06/07/2023

UBS Executive August Hatecke Likes Singapore Well Enough

As research by finews.asia shows, a decision has yet to be made, and will come in a few weeks at the earliest and once the integration of Credit Suisse has been completed.

06/06/2023

RCBC named Best Bank for next-gen and millennials wealth management in PH

The Asiamoney Private Banking Awards recognize institutions that are critical to the region’s wealthy individuals and families, helping them navigate the worst of the volatility of the past year.

06/06/2023

Leading law firm for wealth management in Asia Pacific

With a private client and tax team of over 40 in Asia and over 200 across 17 offices globally, Withersworldwide continues to be the world's largest law firm for wealth management.

06/01/2023

Refik Anadol’s ‘Glacier Dreams’ debuts in Singapore as a new multi-sensory experience in Julius Baer’s NEXT initiative

Inspiring joy and hope, ‘Glacier Dreams’ will be projected on the façade of ArtScience Museum

05/31/2023

Standard Chartered and Singapore FinTech Association partner on blockchain paper to drive sustainability in supply chain payments

Concept paper deep dives into sustainability practices across global value chains and reveals specific tools to encourage alignment and integration among stakeholders

05/30/2023

Union Bancaire Privée acquires Angel Japan Asset Management

The transaction will see UBP further strengthen its presence in Japan and is a clear demonstration of UBP’s ambitions to expand its footprint in Asia-Pacific.

05/30/2023

Wellington Management cuts 5% of staff following strategic review

The $1tn firm becomes the latest asset manager to lay off members of its workforce to reduce costs.

05/30/2023

Singaporean wealth management fees are set for weak growth in 2023

In their Q4 2022 results, Singaporean major banks revealed that their revenue was negatively impacted by low wealth management fees

05/29/2023

Credit Suisse Loses Against Georgian Oligarch in Singapore

The move marks another setback for the bank in its legal battle with the Georgian oligarch.

05/29/2023

UBS, CS Offer Inflow-Linked Bonus to Bankers in Asia

This is more attractive than typical bonuses which are linked to fee-generating assets which requires clients to invest, in addition to opening an account and banking their assets.

05/29/2023

Credit Suisse Throws UBS a Few Curves in China

The current situation in China makes that abundantly clear.

05/26/2023

Singapore Lures More Family Offices in 2023

According to local government estimates, the city-state is home to about 700 family offices, up from 400 in end-2020.

05/26/2023

Union Bancaire Privée acquires Angel Japan Asset Management

The transaction will see UBP further strengthen its presence in Japan and is a clear demonstration of UBP’s ambitions to expand its footprint in Asia-Pacific.

05/26/2023

Indosuez strengthens commitment to arts and culture in renewed partnership with Tai Kwun in Hong Kong

This renewed partnership with Tai Kwun echoes the central place towards social responsibility by Crédit Agricole group and is part of a global and coordinated approach within Indosuez.

05/25/2023

Ping An Asset Management: China's Aging Society Sparks Pension Interest, Becomes the Next Opportunity for Asset Management Industry

In November 2022, China announced the implementation of private pension plans for individuals, in addition to government pensions and employer programs.

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