03/06/2023
Sales of insurance to mainland visitors will return to the pre-Covid level in the second quarter, senior executive says
03/03/2023
Farro says it amassed over $1 billion in assets since October
03/02/2023
Traditional wealth managers often have their eyes locked on servicing high net worth (HNW) and ultra-high net worth (UHNW) clientele.
03/02/2023
It is aiming for families across Japan, UK, US and beyond that want to access Asia through Singapore as a center.
03/01/2023
Recent measures should strengthen Hong Kong’s competitive edge and encourage new and existing family offices to expand their presence.
03/01/2023
The investment manager launched three new funds targeting the wealth channel in Singapore, following its first retail launch in 2021.
02/28/2023
At OCBC Bank, clients can expect a range of wealth solutions, from deposits and credit cards to wealth protection, investment and financing to help grow, protect and preserve their wealth based on their unique aspirations and appetite for risk.
02/28/2023
The Asian Private Banker Awards for Distinction identifies and honors the benchmark for excellence in private banking and wealth management in the Asia Pacific region.
02/27/2023
OCBC’s results wrap up Singapore’s latest bank earnings season, where local rivals DBS Bank and UOB also suffered from lower fees managing rich clients’ funds.
02/27/2023
The rapid growth of Asian wealth, coupled with UHNW families’ intent to institutionalise and professionalise the management of their wealth in recent years, has spurred the development of Hong Kong’s family office ecosystem.
02/27/2023
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore.
02/24/2023
That opened the door for other institutions to follow suit, including Blackrock, Goldman Sachs, and JP Morgan Chase which have since obtained various licenses from Chinese regulators to expand their businesses in the Middle Kingdom.
02/24/2023
Extramile further empowers KGI Asia's professional team's ability to offer unrivalled structured products solutions based on clients' need anytime, anywhere.
02/23/2023
A growing number of Chinese executives have set up family offices, a privately held company that manages investments, in Singapore after Beijing launched a regulatory assault on the tech sector and an anti-corruption crackdown.
02/23/2023
The government will also refine regulatory measures and tax arrangements, increase allocation to sustainable investment funds
02/22/2023
Standard Chartered already employs around 5,800 staff in the city and the bank wants to hire between 300 and 500 wealth management staff in Hong Kong this year in a move that is likely to push up salaries as it goes toe-to-toe with HSBC and Citigroup.
02/22/2023
Revenue was driven by strong growth in net interest income and increases in all global businesses, including Global Private Banking.
02/22/2023
The HKLPFA is the industry association guiding and promoting the Limited Partnership Fund (LPF) regime in Hong Kong.
02/21/2023
The masterclass showcased Labuan IBFC’s sectoral offerings and services and served as a platform for an exchange of ideas
02/21/2023
This contributed to a strong overall financial performance.