07/04/2023
The Swiss private bank is positive on US and Japanese equities, and sees an attractive play in investment grade bonds, as it predicts no further US rate hikes, with the Federal Reserve to cut in December.
07/03/2023
There are around 20,000 family offices globally, of which 9 percent are based in Asia.
07/03/2023
In order to meet this target, it will expand its team of relationship managers to 500 by end-2025, compared to over 400 today.
07/03/2023
The Singapore bank has seen an uptick in the adoption of its mobile apps across its various divisions, including among its private banking clients, DBS's Isaac Kong says.
06/29/2023
These wins are a testament to the firm’s broadening network and expanding range of services that have strengthened our reputation as a leading international law firm in Asia.
06/28/2023
The downturn was in strong contrast to the year before in which assets grew more than 10 percent, in one of the best markets in more than a decade.
06/27/2023
He highlighted how central banks are facing up to the dilemma of preserving financial stability and at the same time taming inflation.
06/27/2023
Citi Global Wealth's head of Asia Angel Ng talks us through combining the bank's retail and private banking experience to provide clients with a comprehensive service.
06/21/2023
In March, the Monetary Authority of Singapore issued a statement saying that there were about 200 single family office (SFO) tax incentive applicants awaiting approval.
06/20/2023
The pure-play private bank is encouraged by its discretionary portfolio management performance this year, says the Swiss bank's Asia CIO.
06/19/2023
Asia's private banking players are bound to feel the ripples of the UBS-CS deal and navigate an industry that is already facing increasing costs of survival.
06/16/2023
The Swiss bank's Rahul Malhotra emphasises the importance of developing local talent, why he wants to tap into the country's Tier-2 cities and non-resident Indian market opportunity.
06/15/2023
It is the first time an Australian private banker has been individually honoured with the accolade.
06/15/2023
The decision is being driven by global wealth management president Iqbal Khan, who is betting on the region to continue being a key source of profits.
06/15/2023
The viral success of ChatGPT has again shone a light on automated advice, although most experts agree that the future modeol is a hybrid one.
06/14/2023
The VCC is a corporate structure for investment funds that can be set up as a standalone fund or an umbrella fund with two or more sub-funds, each holding a portfolio of assets and liabilities segregated from the other sub-funds.
06/14/2023
From its April peak, the CSI 300 has shed nearly 9 percent to hit 2023’s trough in early June but has since posted a 2.5 percent rebound.
06/13/2023
The bank has stopped accepting new retail customers in New Zealand and the wind-down is expected to occur over several years in phases.
06/12/2023
The objective is to help no fewer than 200 family offices establish or expand their operations in Hong Kong by late 2025.
06/12/2023
The Asset also named Citi Digital Bank of the Year in Hong Kong, India, Indonesia, Thailand, and Sri Lanka.