04/24/2023
HSBC named best int’l bank in PH by Asiamoney
Over the years, HSBC Global Private Banking has supported international business owners, entrepreneurs and their families to manage, protect and growth their wealth across generations.
Wealth and Asset Management
04/20/2023
Deutsche Bank Targets Asia’s Rich as Credit Suisse Clients Flee
The bank is targeting entrepreneurs with investible assets
04/20/2023
Julius Baer Launches Asia’s First Family Wealth Planning Certificate Programme for its clients
The Bank aims to equip its clients and their Next Generation with the necessary skills to navigate cross-generational transitions
04/20/2023
Julius Baer unveils new 100,000 square foot office at Two Taikoo Place as it gears up for growth in Hong Kong
Expansion signals commitment to Hong Kong as a core market and dedication to nurturing a diverse, talented workforce to serve clients in the region.
04/20/2023
Chinese cities add millionaires at fastest pace globally as Hong Kong falls behind Singapore
Chinese and US cities dominate the top 10 list of cities with the fastest growing millionaire pools over the past decade
04/19/2023
AMP wealth management AUM grows $2bn
The MyNorth platform reported AUM of $62.8 billion, an increase of $1.5 billion compared to the Q4 2022 AUM of $61.3 billion.
04/19/2023
Ping An Asset Management Company statement on HSBC Group Plc
Exited some business lines: Announced exits of some ex-Asia business lines that were underperforming and/or lacked synergies, such as US retail and Canada.
04/19/2023
Labuan IBFC records laudable growth despite challenging economic backdrop
The jurisdiction’s key focus areas of Islamic finance, captives and digital financial services record significant achievements
04/19/2023
Deutsche Bank targets Asia’s rich as Credit Suisse clients flee
The lender has been hiring senior wealth executives in Asia, given it is one of the fastest-growing markets.
04/18/2023
Labuan IBFC Delivered Commendable Growth In Multiple Fronts
Labuan IBFC complements the activities of the domestic Malaysian financial market and the Centre has now become fundamental to the Labuan economy and growing importance to Malaysia generally.
04/18/2023
HSBC GWM sees ‘massive opportunities’ in China
HSBC's wealth and personal banking CEO, Nuno Matos, is encouraged that investment schemes will make mainland China a ‘significant wealth market’.
04/18/2023
BNP Paribas' wealth management unit to launch in Thailand
BNP Paribas named Daniel Peter as chief executive of the wealth management unit in Thailand.
04/17/2023
Julius Baer Opens New Hong Kong Office
The new space will complement its existing office in the central business district’s International Finance Center building.
04/17/2023
MAS has not issued a directive – tacit or otherwise – to banks to keep quiet about the origins of wealth inflows
The increased fund flows into Singapore were from high net-worth individuals from different markets.
04/14/2023
HSBC Plans to Add 30 Private Bankers in Fresh India Wealth Push
Only a quarter of India’s $600 billion wealth industry, which is expanding annually at 12%, is managed professionally, Julius Baer Group Ltd. said earlier this year.
04/13/2023
UBS Mulls Keeping Credit Suisse Private Wealth Unit Targeting India's Wealthy Diaspora
In recent months, UBS has already hired several Credit Suisse private bankers in Singapore to target India's wealthy client portfolio, including Gautam Anand, a managing director.
04/11/2023
India's ASK Private Wealth is on a hiring spree
The Indian wealth manager aims to triple AUM in 3 years, reaching out to more in the $1 million wealth tier, says CEO.
04/11/2023
UBS: Middle East Family Offices Eye Hong Kong
The bank’s outreach to clients includes familiarizing them with new local measures including a revamped investment-based migration scheme, tax incentives and upcoming art storage facilities.
04/06/2023
LGT Wealth India and Asset Vantage announce collaboration
Through this collaboration, both companies have come forward to deliver a superior technology solution, which seamlessly consolidates portfolios across multiple accounts and investments for family offices.
04/05/2023
Credit Suisse Collapse May Put Singapore in the Spotlight
Singapore’s political stability, transparent government policies and pro-business environment remain intact, said Citibank Singapore CEO Brendan Carney.