Managers of Wealth - Asia http://asia.managersofwealth.com/ Wed, 06 May 2026 19:52:01 BST part of MediaG8way Group http://asia.managersofwealth.com/ http://asia.managersofwealth.com/assets/images/logo.png Managers of Wealth - Asia KohanaPHP Standard Chartered sets up AI lab to test banking use cases News Aggregation Team Wednesday, May 06, 2026 1:00 am http://asia.managersofwealth.com/article/77835/standard-chartered-sets-up-ai-lab-to-test-banking-use-cases The $11.7m tie-up with A*STAR targets wealth support and fraud control. Wealth and Asset Management HSBC Holdings plc 1Q 2026 Earnings Release News Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77826/hsbc-holdings-plc-1q-2026-earnings-release Revenue growth, driven by a strong performance in Wealth and higher banking NII, was broadly offset by higher ECL and operating expense growth. Wealth and Asset Management OCBC acquires HSBC International Wealth and Premier Banking in Indonesia News Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77827/ocbc-acquires-hsbc-international-wealth-and-premier-banking-in-indonesia The acquisition adds 336,000 customers and S$6.6 billion AUM to OCBC Indonesia. Wealth and Asset Management CIMB Advances Private Wealth Strategy Across Malaysia and ASEAN News Aggregation Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77833/cimb-advances-private-wealth-strategy-across-malaysia-and-asean The bank highlighted continued momentum in Islamic wealth markets Wealth and Asset Management DBS : First-quarter net profit rises to SGD 2.93 billion as total income reaches a new high, led by record wealth management performance; ROE at 17.0% News Team Thursday, April 30, 2026 1:00 am http://asia.managersofwealth.com/article/77810/dbs-first-quarter-net-profit-rises-to-sgd-293-billion-as-total-income-reaches-a-new-high-led-by-record-wealth-management-performance-roe-at-170 These more than offset the impact of lower interest rates and a stronger Singapore dollar. Wealth and Asset Management Sumitomo Mitsui Trust Bank and Hunter Point Capital Form Long-Term Strategic Partnership News Team Wednesday, April 29, 2026 1:00 am http://asia.managersofwealth.com/article/77802/sumitomo-mitsui-trust-bank-and-hunter-point-capital-form-long-term-strategic-partnership With HPC’s support, SMTB also intends to explore the development of a Japan-focused GP stakes strategy aimed at capturing the expanding universe of independent asset managers in Japan and meeting the region’s growing demand for private market Wealth and Asset Management Hana Bank Wins Euromoney Korea Best Private Bank News Aggregation Team Wednesday, April 29, 2026 1:00 am http://asia.managersofwealth.com/article/77804/hana-bank-wins-euromoney-korea-best-private-bank Euromoney honors Hana Bank at its 2026 Private Banking Awards in Singapore Wealth and Asset Management Bank of Singapore strengthens Family Office and Wealth Advisory senior bench to support Ultra-High-Net-Worth push News Team Tuesday, April 28, 2026 1:00 am http://asia.managersofwealth.com/article/77793/bank-of-singapore-strengthens-family-office-and-wealth-advisory-senior-bench-to-support-ultra-high-net-worth-push The growth trajectory is projected to accelerate. Wealth and Asset Management HSBC India opens new branch in Nagpur to support wealth expansion News Team Tuesday, April 28, 2026 1:00 am http://asia.managersofwealth.com/article/77798/hsbc-india-opens-new-branch-in-nagpur-to-support-wealth-expansion This is HSBC India’s first branch launch in 2026, following four branch launches in 2025 after the Reserve Bank of India’s approval in January 2025 to open 20 new bank branches in key cities. Wealth and Asset Management Citi Singapore receives dual award recognition from FinanceAsia and Forbes News Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77780/citi-singapore-receives-dual-award-recognition-from-financeasia-and-forbes The bank won multiple accolades from FinanceAsia, including 'Best International Bank' and 'Best International Investment Bank' in Singapore for the second year running. Wealth and Asset Management New business and private bank group executive appointed by ANZ News Aggregation Team Wednesday, May 06, 2026 1:00 am http://asia.managersofwealth.com/article/77834/new-business-and-private-bank-group-executive-appointed-by-anz Tammy Medard will take on the role effective 1 May 2026. Executive Moves Deutsche PB hires North Asia investment director News Aggregation Team Wednesday, May 06, 2026 1:00 am http://asia.managersofwealth.com/article/77836/deutsche-pb-hires-north-asia-investment-director Dominic Cheung joins the German private bank from JP Morgan. Executive Moves Northern Trust appoints APAC head of industry development News Aggregation Team Wednesday, May 06, 2026 1:00 am http://asia.managersofwealth.com/article/77841/northern-trust-appoints-apac-head-of-industry-development The appointment comes as competition intensifies within the custody and asset servicing sector, with providers increasingly targeting large scale super funds and institutional mandates through enhanced technology, data and client engagement capabilities. Executive Moves Citi Appoints new Head of Corporate Banking for Hong Kong News Aggregation Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77829/citi-appoints-new-head-of-corporate-banking-for-hong-kong She will report jointly to the regional Head of Corporate Banking for Japan, Asia North & Australia, as well as Aveline San, Hong Kong CEO & Banking Head. Executive Moves Natixis IM appoints new head of Hong Kong News Aggregation Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77830/natixis-im-appoints-new-head-of-hong-kong Tsai will take on the new role on 1 June 2026, reporting to Fabrice Chemouny, head of international distribution. Executive Moves JANA appoints inaugural chief investment officer News Aggregation Team Friday, May 01, 2026 1:00 am http://asia.managersofwealth.com/article/77817/jana-appoints-inaugural-chief-investment-officer At JANA, he will lead the overarching investment strategy and oversee investment outcomes across all client segments and mandates. Executive Moves ASX announces interim chief executive News Aggregation Team Friday, May 01, 2026 1:00 am http://asia.managersofwealth.com/article/77818/asx-announces-interim-chief-executive Yip will assume the role, effective May 29, following the earlier announcement that chief executive Helen Lofthouse would step down. Executive Moves CBRE announces strategic hires in its growing Pacific Capital Advisory business News Team Friday, May 01, 2026 1:00 am http://asia.managersofwealth.com/article/77820/cbre-announces-strategic-hires-in-its-growing-pacific-capital-advisory-business Mr Thomson has rejoined CBRE as a Director in the Capital Advisory team after five years at leading Australian real estate investment manager MaxCap Executive Moves Carey Olsen appoints Stuart Stevens as legal manager in Hong Kong News Team Thursday, April 30, 2026 1:00 am http://asia.managersofwealth.com/article/77807/carey-olsen-appoints-stuart-stevens-as-legal-manager-in-hong-kong Before joining Carey Olsen, Stuart was an associate in the funds practice of a national law firm in Australia and acted as in-house legal counsel to a leading global investment management firm. Executive Moves Lombard Odier further strengthens Asia leadership team with appointment of Edwin Tan News Team Wednesday, April 29, 2026 1:00 am http://asia.managersofwealth.com/article/77799/lombard-odier-further-strengthens-asia-leadership-team-with-appointment-of-edwin-tan He joins from DBS, where he most recently served as Market Head covering Thailand, the Philippines and Vietnam. Executive Moves MAS Collaborates with Banking Industry to Harness Artificial Intelligence in the Fight Against Financial Crime News Team Wednesday, May 06, 2026 1:00 am http://asia.managersofwealth.com/article/77839/mas-collaborates-with-banking-industry-to-harness-artificial-intelligence-in-the-fight-against-financial-crime By bringing together datafrom across five banks, the POV aims to build more robust and accurate AI/ML models that help identify higher-risk transactions and accounts. Legal, Regulation & Compliance Former NSW director Mark Barnes sentenced to imprisonment after dishonestly obtaining $2.4m by selling false invoices News Team Wednesday, May 06, 2026 1:00 am http://asia.managersofwealth.com/article/77840/former-nsw-director-mark-barnes-sentenced-to-imprisonment-after-dishonestly-obtaining-24m-by-selling-false-invoices At the time of the offence, Mr Barnes was the director of Barnes Marketing Services Pty Ltd (In Liquidation), a company which operated as a sales and marketing business for organisations in the Australian arts industry. Legal, Regulation & Compliance Enhancements to MAS’ Regulatory Framework To Facilitate Dual Listings on the Singapore Exchange News Team Friday, May 01, 2026 1:00 am http://asia.managersofwealth.com/article/77821/enhancements-to-masamprsquo-regulatory-framework-to-facilitate-dual-listings-on-the-singapore-exchange The proposed regulatory framework supports the implementation of the Global Listing Board (GLB), a partnership by the SGX and Nasdaq, and facilitates future similar collaborations. Legal, Regulation & Compliance Scam alert related to banks News Team Friday, May 01, 2026 1:00 am http://asia.managersofwealth.com/article/77822/scam-alert-related-to-banks The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. Legal, Regulation & Compliance ASIC cancels AFS licence of ABL Funds Management Pty Ltd News Team Friday, May 01, 2026 1:00 am http://asia.managersofwealth.com/article/77823/asic-cancels-afs-licence-of-abl-funds-management-pty-ltd The licence cancellation is publicly recorded on ASIC’s Professional Registers Search. Legal, Regulation & Compliance HKMA follows suit as Fed holds rates amid inflation worries News Aggregation Team Friday, May 01, 2026 1:00 am http://asia.managersofwealth.com/article/77824/hkma-follows-suit-as-fed-holds-rates-amid-inflation-worries The HKMA announcement came hours after four Fed officials, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates Legal, Regulation & Compliance APRA and ASIC publish latest data on life insurance claims and disputes - December 2025 News Team Thursday, April 30, 2026 1:00 am http://asia.managersofwealth.com/article/77812/apra-and-asic-publish-latest-data-on-life-insurance-claims-and-disputes-december-2025 ASIC’s MoneySmart Life insurance claims comparison tool has been updated with the latest data. Legal, Regulation & Compliance Tentative Issuance Schedule for HKSAR Institutional Government Bonds under Infrastructure Bond Programme and Government Sustainable Bond Programme News Team Tuesday, April 21, 2026 1:00 am http://asia.managersofwealth.com/article/77748/tentative-issuance-schedule-for-hksar-institutional-government-bonds-under-infrastructure-bond-programme-and-government-sustainable-bond-programme The tentative issuance schedule contains information on, among others, the tentative tenors, tender dates, issuance sizes, issue dates and methods of issuance of individual GB issues. Legal, Regulation & Compliance SFC unveils new regulatory framework to allow secondary trading of tokenised SFC-authorised investment products News Team Tuesday, April 21, 2026 1:00 am http://asia.managersofwealth.com/article/77749/sfc-unveils-new-regulatory-framework-to-allow-secondary-trading-of-tokenised-sfc-authorised-investment-products The initial batch of products is expected to focus on tokenised money market funds. Legal, Regulation & Compliance ASIC's roadmap for digital assets law reform implementation News Team Tuesday, April 21, 2026 1:00 am http://asia.managersofwealth.com/article/77750/asicamp039s-roadmap-for-digital-assets-law-reform-implementation Under the new regime, ASIC is tasked with licensing and supervising these platforms, and with enforcing the law as required. Legal, Regulation & Compliance Australian regulators warn banks over AI cyber risks News Aggregation Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77828/australian-regulators-warn-banks-over-ai-cyber-risks While AI offers operational gains, it also raises concerns over governance, ethics, and potential impacts on the banking workforce. FinTech Nonbank finance, AI and war top APAC financial institutions’ risks in 2026 News Aggregation Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77831/nonbank-finance-ai-and-war-top-apac-financial-institutionsamprsquo-risks-in-2026 A protracted war could raise their credit losses by 25% or $180b, S&P warned. FinTech Singapore's regulator works with banks, agencies to use AI in fight against financial crime News Aggregation Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77832/singaporeamp039s-regulator-works-with-banks-agencies-to-use-ai-in-fight-against-financial-crime All data will be deleted at the end of the initiative. FinTech Goldman Sachs Restricts AI Usage in Hong Kong News Aggregation Team Wednesday, April 29, 2026 1:00 am http://asia.managersofwealth.com/article/77808/goldman-sachs-restricts-ai-usage-in-hong-kong Goldman Sachs has curtailed access to advanced AI tools for its Hong Kong bankers, underscoring how escalating U.S. China tensions are beginning to disrupt even core productivity infrastructure in global finance. FinTech Korean startup RiskX secures funding for derivatives product News Aggregation Team Tuesday, April 28, 2026 1:00 am http://asia.managersofwealth.com/article/77801/korean-startup-riskx-secures-funding-for-derivatives-product The product is aimed at both retail and institutional participants. FinTech Airstar Bank rebrands as ‘EleBank’ in digital finance overhaul News Aggregation Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77785/airstar-bank-rebrands-as-amplsquoelebankamprsquo-in-digital-finance-overhaul The rebrand goes beyond changes to visual identity, with the bank framing it as part of a broader effort to enhance its digital customer experience. FinTech SEA leads fintech density as Asia gap widens News Aggregation Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77786/sea-leads-fintech-density-as-asia-gap-widens Singapore recorded 619 fintech companies per 1 million people. FinTech GLN Connects to Vietnam's National QR Network, Enabling Nationwide QR Payments News Aggregation Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77787/gln-connects-to-vietnamamp039s-national-qr-network-enabling-nationwide-qr-payments Vietnam's payment infrastructure is built on the VietQR Global system operated by NAPAS, linking banks and merchants nationwide. FinTech Matsui Securities Adopts Broadridge’s JASDECPS on SaaS Platform, Transforming Securities Lending Business for Accelerated Growth News Team Wednesday, April 22, 2026 1:00 am http://asia.managersofwealth.com/article/77754/matsui-securities-adopts-broadridgeamprsquos-jasdecps-on-saas-platform-transforming-securities-lending-business-for-accelerated-growth Matsui utilizes Broadridge’s SaaS to streamline operations, boost efficiency, and meet Japan's emerging market changes FinTech Iress launches retirement solution on Xplan post-adviser pilot News Aggregation Team Tuesday, April 21, 2026 1:00 am http://asia.managersofwealth.com/article/77746/iress-launches-retirement-solution-on-xplan-post-adviser-pilot Iress has made its retirement income solution available to advisers on Xplan, designed in partnership with Challenger. FinTech Janus Henderson and Sun Hung Kai & Co. Announce Strategic Partnership News Team Wednesday, May 06, 2026 1:00 am http://asia.managersofwealth.com/article/77838/janus-henderson-and-sun-hung-kai-ampamp-co-announce-strategic-partnership Partnership pursues co-development, distribution, and strategic capital solutions across public and private market investments Alternative Investments Investors raise the bar with shift towards fewer, value-add managers News Aggregation Team Friday, May 01, 2026 1:00 am http://asia.managersofwealth.com/article/77816/investors-raise-the-bar-with-shift-towards-fewer-value-add-managers Investors are becoming more demanding regarding value-add from their asset managers and more selective on the number of providers they use, according to Capital Group. Alternative Investments FWD Group reports strong first quarter new business update, adding to its consistent track record of financial performance News Team Thursday, April 30, 2026 1:00 am http://asia.managersofwealth.com/article/77811/fwd-group-reports-strong-first-quarter-new-business-update-adding-to-its-consistent-track-record-of-financial-performance The Hong Kong SAR & Macau SAR reporting segment delivered continued growth in the first quarter of 2026 compared to the record high first quarter in 2025, reflecting both domestic and financial hub related demand. Alternative Investments Neuberger Agrees to Establish Joint Venture with Sumitomo Mitsui Banking Corporation News Team Thursday, April 30, 2026 1:00 am http://asia.managersofwealth.com/article/77813/neuberger-agrees-to-establish-joint-venture-with-sumitomo-mitsui-banking-corporation Launch of Japan's First Scheme for a Japan-Focused Private Debt Fund to Support the Growth of Japanese Companies Alternative Investments The Three Hikes Bringing Benefits to Japan’s Economy News Team Thursday, April 30, 2026 1:00 am http://asia.managersofwealth.com/article/77814/the-three-hikes-bringing-benefits-to-japanamprsquos-economy Japan is reaping the rewards of price, wage, and rate hikes as households through to corporates enjoy an increase in revenue Alternative Investments Beyond U.S. Listings: Chinese Companies Shift Toward Structural Reconfiguration in Cross-Border Capital Strategies News Aggregation Team Tuesday, April 28, 2026 1:00 am http://asia.managersofwealth.com/article/77796/beyond-us-listings-chinese-companies-shift-toward-structural-reconfiguration-in-cross-border-capital-strategies For many years, U.S. capital markets were a primary destination for Chinese companies seeking offshore financing. Alternative Investments AllianzGI’s Asia Pacific Infrastructure Credit Fund holds its first close at USD 270mn News Team Tuesday, April 28, 2026 1:00 am http://asia.managersofwealth.com/article/77797/allianzgiamprsquos-asia-pacific-infrastructure-credit-fund-holds-its-first-close-at-usd-270mn The fund is expected to hold its final close in 2027. Alternative Investments VinaCapital Vietnam Opportunity Fund Updates Share Buyback and Voting Rights News Aggregation Team Tuesday, April 28, 2026 1:00 am http://asia.managersofwealth.com/article/77800/vinacapital-vietnam-opportunity-fund-updates-share-buyback-and-voting-rights This latest buyback forms part of the company’s ongoing capital management Alternative Investments Sun Life Hong Kong Reports Strong APE Growth News Aggregation Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77783/sun-life-hong-kong-reports-strong-ape-growth Growth was driven by strong results across all major distribution channels. Alternative Investments AllianzGI raises $270 for Asian Infrastructure Credit fund News Aggregation Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77788/allianzgi-raises-270-for-asian-infrastructure-credit-fund The new private credit vehicle will invest in credit instruments backed by infrastructure assets. Alternative Investments China tightens tax concession for HK intermediary holdcos News Team Monday, April 20, 2026 1:00 am http://asia.managersofwealth.com/article/77743/china-tightens-tax-concession-for-hk-intermediary-holdcos Under China’s Enterprise Income Tax Law, dividends paid by a PRC resident enterprise to a foreign shareholder are generally subject to 10% WHT. Tax Hong Kong proposes 0% tax expansion for its fund managers News Aggregation Team Friday, March 27, 2026 12:00 am http://asia.managersofwealth.com/article/77626/hong-kong-proposes-0-tax-expansion-for-its-fund-managers Under a bill expected to reach the city’s Legislative Council by mid-2026, the tax break would extend beyond private equity to cover hedge funds, venture capital, private credit and family offices. Tax Hong Kong weighs ‘big bang’ tax cuts for asset managers News Aggregation Team Thursday, March 26, 2026 12:00 am http://asia.managersofwealth.com/article/77623/hong-kong-weighs-amplsquobig-bangamprsquo-tax-cuts-for-asset-managers Expansion of carried interest regime could mean zero levies on performance fees at hedge funds Tax Big tech, like big banks, must pay fair share of tax News Aggregation Team Monday, March 16, 2026 12:00 am http://asia.managersofwealth.com/article/77559/big-tech-like-big-banks-must-pay-fair-share-of-tax Governments will not be able to maintain services if a growing share of value generated from Australian consumers flows to foreign headquarters Tax Advisers weigh in on $3m super tax News Aggregation Team Thursday, March 12, 2026 12:00 am http://asia.managersofwealth.com/article/77542/advisers-weigh-in-on-3m-super-tax While the government reversing course and not taxing unrealised gains is broadly seen as a positive, advisers are more split on whether the $3 million super tax is a short-term solution to a long-term system or a “negligible” move to reduce co Tax Moore Australia appoints Michael Sutherland as national head of quality News Aggregation Team Monday, February 23, 2026 12:00 am http://asia.managersofwealth.com/article/77435/moore-australia-appoints-michael-sutherland-as-national-head-of-quality Sutherland has 12 years of experience in audit, quality and governance across both professional services and the public sector. Tax 14,858 tax residents failing to declare offshore accounts News Aggregation Team Thursday, February 05, 2026 12:00 am http://asia.managersofwealth.com/article/77346/14858-tax-residents-failing-to-declare-offshore-accounts It said this was to avoid penalties and legal action under the Income Tax Act 1967. Tax Experts warn undisclosed offshore accounts raise red flags despite legality News Aggregation Team Wednesday, February 04, 2026 12:00 am http://asia.managersofwealth.com/article/77336/experts-warn-undisclosed-offshore-accounts-raise-red-flags-despite-legality Analysts warn that the scale of undisclosed offshore wealth linked to Malaysians raises serious concerns over tax evasion, money laundering and governance failures Tax Super trustees push for taxpayer bailout after First Guardian failure News Aggregation Team Monday, October 27, 2025 12:00 am http://asia.managersofwealth.com/article/77003/super-trustees-push-for-taxpayer-bailout-after-first-guardian-failure The company told shareholders on Monday it had written to Financial Services Minister Daniel Mulino for assistance for the almost 1100 Netwealth customers who invested $101 million into the defective scheme via its platform. Tax As wealthy Koreans flock overseas in search of greener pastures, experts blame inheritence tax News Aggregation Team Tuesday, October 07, 2025 1:00 am http://asia.managersofwealth.com/article/76902/as-wealthy-koreans-flock-overseas-in-search-of-greener-pastures-experts-blame-inheritence-tax The exodus of affluent Koreans is expected to result in an outflow of approximately $15.2 billion in assets. Tax Survey on Small and Medium-Sized Enterprises (SMEs)’ Credit Conditions for First Quarter 2026 News Team Wednesday, May 06, 2026 1:00 am http://asia.managersofwealth.com/article/77837/survey-on-small-and-medium-sized-enterprises-smesamprsquo-credit-conditions-for-first-quarter-2026 The perception of a more difficult credit approval stance may not necessarily reflect actual difficulties faced by SMEs in obtaining bank credit as the perception could be affected by a number of factors, such as media / news reports, business conditions Comment, Analysis & Research From fragmentation to framework: why insurance-based wealth solutions are anchoring Asia’s wealth planning News Team Tuesday, May 05, 2026 1:00 am http://asia.managersofwealth.com/article/77825/from-fragmentation-to-framework-why-insurance-based-wealth-solutions-are-anchoring-asiaamprsquos-wealth-planning Despite this scale, succession and longterm planning remain underdeveloped in parts of the region. Comment, Analysis & Research Thailand emerges as a new Asian hub for global wealth and luxury News Aggregation Team Thursday, April 30, 2026 1:00 am http://asia.managersofwealth.com/article/77809/thailand-emerges-as-a-new-asian-hub-for-global-wealth-and-luxury This influx of global capital is fuelling strong demand and price growth in the country's high-end property market, particularly for branded residences and wellness-oriented homes. Comment, Analysis & Research How the Middle East war is boosting family offices, private banking in Hong Kong and Asia News Aggregation Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77781/how-the-middle-east-war-is-boosting-family-offices-private-banking-in-hong-kong-and-asia Conflict prompts rich investors to diversify, boosting Hong Kong’s role as a hub for family offices and private banking Comment, Analysis & Research Asian private wealth an emerging force in property investment News Aggregation Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77790/asian-private-wealth-an-emerging-force-in-property-investment Hong Kong’s strong performance is mostly attributable to the surge in investment by mainland Chinese buyers, a trend that is accelerating. Comment, Analysis & Research Singapore leads Southeast Asia in ultra-rich population News Aggregation Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77791/singapore-leads-southeast-asia-in-ultra-rich-population The annual publication, now in its 20th year, offers global insights into wealth, real estate, luxury, and investment trends. Comment, Analysis & Research Insurance CROs are faced with an evolving risk landscape defined by speed, volatility and interconnection – EY/IIF Survey News Team Monday, April 27, 2026 1:00 am http://asia.managersofwealth.com/article/77792/insurance-cros-are-faced-with-an-evolving-risk-landscape-defined-by-speed-volatility-and-interconnection-ampndash-eyiif-survey At the same time, the risk landscape is becoming more complex, with cyber exposures increasingly linked to third-party dependencies, expanding data privacy requirements and more sophisticated attack vectors. Comment, Analysis & Research CBA cuts more jobs, citing changing needs and ‘simplification’ News Aggregation Team Friday, April 24, 2026 1:00 am http://asia.managersofwealth.com/article/77775/cba-cuts-more-jobs-citing-changing-needs-and-amplsquosimplificationamprsquo The cuts come two months after CBA cut 300 jobs in February, at the same time as it also rolled out a program to prepare workers for likely changes to the workforce caused by the rise of artificial intelligence. Comment, Analysis & Research Singapore billionaire population doubles in 5 years News Aggregation Team Friday, April 24, 2026 1:00 am http://asia.managersofwealth.com/article/77776/singapore-billionaire-population-doubles-in-5-years The country now has 63 billionaires, up from 28 in 2021, according to the latest Wealth Report by consultancy Knight Frank. Comment, Analysis & Research Rapid growth of UHNW population prompts management shift: Knight Frank News Aggregation Team Thursday, April 23, 2026 1:00 am http://asia.managersofwealth.com/article/77766/rapid-growth-of-uhnw-population-prompts-management-shift-knight-frank Globally, there are 713,626 UHNWIs currently, and that figure is set to grow close to one million in 2031. Comment, Analysis & Research Standard Chartered Bank India Honoured with Multiple Prestigious Titles at the 2026 Global Banking & Finance Review Awards News Team Tuesday, April 28, 2026 1:00 am http://asia.managersofwealth.com/article/77795/standard-chartered-bank-india-honoured-with-multiple-prestigious-titles-at-the-2026-global-banking-ampamp-finance-review-awards The 2026 Global Banking & Finance Review Awards celebrate excellence across the global financial services sector, recognising institutions that demonstrate innovation, performance, and a commitment to delivering superior value to clients. Retail Banking Ant International strengthens cross-border payments with privacy upgrade News Aggregation Team Friday, April 24, 2026 1:00 am http://asia.managersofwealth.com/article/77774/ant-international-strengthens-cross-border-payments-with-privacy-upgrade Under the new framework, all data handled by Alipay+ is encrypted before processing and remains protected throughout the transaction lifecycle. Retail Banking ClearBank names Tazapay as first Singaporean client, strengthening Asia–Europe payments corridor News Team Thursday, April 23, 2026 1:00 am http://asia.managersofwealth.com/article/77765/clearbank-names-tazapay-as-first-singaporean-client-strengthening-asiaampndasheurope-payments-corridor The partnership also builds on Tazapay’s expanding multijurisdictional regulatory footprint, with active licenses in Singapore, US, Canada, and Australia, and further approvals underway across Europe, UAE, and Hong Kong. Retail Banking Banks lag tech firms in driving credit card use News Aggregation Team Wednesday, April 22, 2026 1:00 am http://asia.managersofwealth.com/article/77758/banks-lag-tech-firms-in-driving-credit-card-use Delayed rewards and weak reminders leave cardholders disengaged. Retail Banking Thunes Expands Cross-Border Payments Network to New Zealand News Aggregation Team Wednesday, April 22, 2026 1:00 am http://asia.managersofwealth.com/article/77759/thunes-expands-cross-border-payments-network-to-new-zealand The New Zealand launch adds to Thunes’ wider push to expand cross-border payment coverage across Asia Pacific. Retail Banking UOB Expands Retail Scale After S$4.9 Billion Citi Consumer Banking Deal News Aggregation Team Tuesday, April 21, 2026 1:00 am http://asia.managersofwealth.com/article/77747/uob-expands-retail-scale-after-s49-billion-citi-consumer-banking-deal The bank now serves more than 8.5 million customers across ASEAN as it continues investing in infrastructure and digital capabilities. Retail Banking Commercial banking dominates M&A with 179 deals worth $190b News Aggregation Team Monday, April 20, 2026 1:00 am http://asia.managersofwealth.com/article/77740/commercial-banking-dominates-mampampa-with-179-deals-worth-190b The segment captured 38% of the 2025 value. Retail Banking ASX Release - AMP Limited 1Q 26 cashflows and business update News Team Monday, April 20, 2026 1:00 am http://asia.managersofwealth.com/article/77742/asx-release-amp-limited-1q-26-cashflows-and-business-update 45% growth in Platforms net cashflows; continued improvement in S&I net cash outflows Retail Banking HSBC Secures Hong Kong Stablecoin Licence News Aggregation Team Monday, April 13, 2026 1:00 am http://asia.managersofwealth.com/article/77696/hsbc-secures-hong-kong-stablecoin-licence The bank also emphasized adherence to stringent financial crime compliance standards, reflecting regulators’ growing focus on security and transparency in digital assets. Retail Banking Hang Seng Bank partners with Capital Group in Hong Kong News Aggregation Team Friday, April 10, 2026 1:00 am http://asia.managersofwealth.com/article/77690/hang-seng-bank-partners-with-capital-group-in-hong-kong Hang Seng Bank will have exclusive rights to distribute Capital Group’s flagship US equity fund to its retail customers for three months. Retail Banking Nomura flags 4 risks for PSU bank stocks; prefers Axis Bank, ICICI Bank News Aggregation Team Friday, April 10, 2026 1:00 am http://asia.managersofwealth.com/article/77694/nomura-flags-4-risks-for-psu-bank-stocks-prefers-axis-bank-icici-bank Global brokerage Nomura prefers private banks over PSU bank stocks, citing limited re-rating scope, weaker earnings quality, and high leverage risks among PSBs. It likes Axis Bank & ICICI Bank Investment Bank AMP Bank opens SuperEdge for business News Team Friday, February 20, 2026 12:00 am http://asia.managersofwealth.com/article/77425/amp-bank-opens-superedge-for-business AMP Bank announces that SuperEdge is now officially in market, marking the Bank’s return to residential SMSF property lending for brokers and their clients. Investment Bank AMP Bank re-enters SMSF lending with SuperEdge News Team Tuesday, January 27, 2026 12:00 am http://asia.managersofwealth.com/article/77290/amp-bank-re-enters-smsf-lending-with-superedge AMP Bank is re-launching SuperEdge, its residential Self Managed Super Fund (SMSF) lending solution, marking the Bank’s return to SMSF property lending for brokers and their customers. Investment Bank MUFG to Deepen Asset Management Partnership with Morgan Stanley News Aggregation Team Tuesday, December 09, 2025 12:00 am http://asia.managersofwealth.com/article/77249/mufg-to-deepen-asset-management-partnership-with-morgan-stanley Takase confirmed there are no plans to alter the existing shareholding structure. Investment Bank Crédit Agricole CIB Extends Hong Kong Lease to 2034 News Aggregation Team Monday, November 10, 2025 12:00 am http://asia.managersofwealth.com/article/77083/crampeacutedit-agricole-cib-extends-hong-kong-lease-to-2034 Our renewed office not only strengthens this ‘foundation' for the next decade Investment Bank UOB Achieves Strong Growth in Its Cross-Border Business Across ASEAN and Greater China as Companies Move Supply Chains to Region News Aggregation Team Friday, October 17, 2025 1:00 am http://asia.managersofwealth.com/article/76956/uob-achieves-strong-growth-in-its-cross-border-business-across-asean-and-greater-china-as-companies-move-supply-chains-to-region As companies reconfigure their supply chains, UOB has seen increased demand for trade and Financial Supply Chain Management (FSCM) financing, digital payments and collections solutions. Investment Bank DBS Hong Kong launches Regional Investment Corridors initiative to forge new cross-border growth channels across Asia News Team Friday, October 10, 2025 1:00 am http://asia.managersofwealth.com/article/76916/dbs-hong-kong-launches-regional-investment-corridors-initiative-to-forge-new-cross-border-growth-channels-across-asia Inaugural event, themed “Japan’s Investment Horizon: Exploring Inbound & Outbound Opportunities”, bridges private capital opportunities between Hong Kong and Japan Investment Bank Crédit Agricole Corporate and Investment Bank and Indosuez Wealth Management Inaugurate New Singapore Office to Support Local and Regional Growth Momentum News Aggregation Team Friday, September 26, 2025 1:00 am http://asia.managersofwealth.com/article/76836/crampeacutedit-agricole-corporate-and-investment-bank-and-indosuez-wealth-management-inaugurate-new-singapore-office-to-support-local-and-regional-growth-momentum This relocation aligns with Crédit Agricole Group’s long-term strategy for Asia-Pacific, driving operational efficiency, deepening synergies across business lines, and creating a future-ready environment for clients and employees. Investment Bank Deutsche Bank closes USD 184M ECA financing for Thailand’s THAICOM10 satellite project News Team Friday, September 05, 2025 1:00 am http://asia.managersofwealth.com/article/76720/deutsche-bank-closes-usd-184m-eca-financing-for-thailandamprsquos-thaicom10-satellite-project The loan will finance STI’s commercial contract with France’s Airbus Defence & Space to manufacture the new Software Defined High Throughput Satellite (SD-HTS). Investment Bank Goldman Sachs Expands Mumbai Presence With New Office Opening News Aggregation Team Wednesday, August 20, 2025 1:00 am http://asia.managersofwealth.com/article/76624/goldman-sachs-expands-mumbai-presence-with-new-office-opening The new office occupies the entire tenth floor and half of the ninth floor of Ascent Worli. Investment Bank Think tanks urge Bank of Korea to move from climate research to action News Aggregation Team Tuesday, April 21, 2026 1:00 am http://asia.managersofwealth.com/article/77752/think-tanks-urge-bank-of-korea-to-move-from-climate-research-to-action The BOK is called to implement concrete policies that shift financial flows away from high-carbon sectors. Planet SOS Singapore backs global push for sustainable cooling as cities step up heat action at COP30 News Aggregation Team Wednesday, November 12, 2025 12:00 am http://asia.managersofwealth.com/article/77097/singapore-backs-global-push-for-sustainable-cooling-as-cities-step-up-heat-action-at-cop30 Cooling can be unsustainable when it relies heavily on electricity generated from fossil fuels, which contribute to planet-warming emissions. Planet SOS Standard Chartered launches sustainable escrow and account bank solution News Team Tuesday, July 29, 2025 1:00 am http://asia.managersofwealth.com/article/76485/standard-chartered-launches-sustainable-escrow-and-account-bank-solution New offering allows clients to embed sustainability into their cash management and support delivery of their sustainability goals Planet SOS CIMB commits RM300 billion to power a greener and more inclusive ASEAN economy by 2030 News Team Tuesday, July 15, 2025 1:00 am http://asia.managersofwealth.com/article/76405/cimb-commits-rm300-billion-to-power-a-greener-and-more-inclusive-asean-economy-by-2030 The Group strengthens its commitment to enable a just transition across the region Planet SOS How advisers can navigate ESG fund closures News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76015/how-advisers-can-navigate-esg-fund-closures Part of this is due to ASIC’s crackdown on greenwashing which has prompted fund managers to reconsider their ranges or how they are labelled. Planet SOS Nomura Issues Report on Avoided Emissions from Investor Perspective News Team Thursday, May 01, 2025 1:00 am http://asia.managersofwealth.com/article/75945/nomura-issues-report-on-avoided-emissions-from-investor-perspective The concept of avoided emissions has gained traction as a new metric to assess a company's contribution to reducing overall GHG emissions and resolving issues affecting society. Planet SOS DBS named World’s Best Bank for Sustainable Finance by Global Finance News Team Monday, February 24, 2025 12:00 am http://asia.managersofwealth.com/article/75550/dbs-named-worldamprsquos-best-bank-for-sustainable-finance-by-global-finance Recognised for leadership in sustainable finance, including innovative solutions that accelerate Asia's transition agenda, drive cross-border impact, and empower corporates and SMEs Planet SOS Policy and investment need to prioritise renewable energy News Aggregation Team Monday, January 27, 2025 12:00 am http://asia.managersofwealth.com/article/75390/policy-and-investment-need-to-prioritise-renewable-energy Bangladesh has slowly been investing in green finance initiatives through the banking sector, but the transition to a society free of fossil fuel use will require a lot more investment in the renewable energy sector Planet SOS Trump’s climate policy and its impact on investments News Team Thursday, January 23, 2025 12:00 am http://asia.managersofwealth.com/article/75369/trumpamprsquos-climate-policy-and-its-impact-on-investments In practice, this means that the US no longer has to submit a climate action plan to the United Nations every five years. Planet SOS Mirova Commits USD10 million to Global Commercial & Industrial Solar Leader ecoligo to Fuel Its Growth in Vietnam News Team Friday, January 17, 2025 12:00 am http://asia.managersofwealth.com/article/75335/mirova-commits-usd10-million-to-global-commercial-ampamp-industrial-solar-leader-ecoligo-to-fuel-its-growth-in-vietnam ecoligo has successfully raised €74 million to date and currently manages a global portfolio of 100 MWp, comprising 200 projects. Planet SOS