11/06/2023
Oral reply to Parliamentary Questions on banking services disruption of DBS and Citibank on 14 October 2023
Mr Speaker, Sir, may I have your permission to answer all the Parliamentary Questions 47 to 54 in today’s Order Paper
Comment, Analysis & Research
11/03/2023
e-Conomy SEA 2023 Report Unveils that Singapore Poised to Lead Digital Lending in Southeast Asia
This surge is credited to high lending rates and consumer demand from underbanked demographics, further propelled by intensified competition among digital financial service providers.
11/02/2023
Barclays: Limited Impact Expected for Asia Jobs
But the cuts vary from region to region, with Asia expected to be largely spared.
11/02/2023
Cut Citi industrials chief in Hong Kong re-emerges at Santander
Jian spent five years at Citi as an MD after joining from UBS in 2018.
10/31/2023
5 Wealth Management Fintechs Making Waves in Singapore
A core focus of the revamped ITM 2025 will be to broaden the financial industry’s capabilities in several asset classes, including wealth management fintechs.
10/30/2023
Prudential looking to promote health and wellness through sports
It has a three-year deal, until 2024, to host the Singapore Criterium.
10/27/2023
What will the rise of super apps mean for wealth management?
There is already more diversity in apps and competition and competition regs are hard to overcome when creating a super app.
10/27/2023
The founder of Chinese property developer Evergrande — who was once Asia's second-richest person — is no longer a billionaire
The wealth plunge follows a tumble in Evergrande's share price.
10/25/2023
DBS Thought Leadership's Latest Report Highlights Innovative Impact Driven by Asian Family Offices
To aid in this, their family offices need to adapt, addressing fresh challenges like tax, risk, and family governance.
10/25/2023
McKinsey: Asia’s Fintech Revenue Share to Shrink
In 2028, fintech net revenue in the region is expected to double to $110-130 billion but the share could shrink to 30 percent.
10/25/2023
Macquarie Group joins world’s top 50 asset managers
It was the only Australian investment manager to rank in the top 50.
10/19/2023
Meet the CEOs of top Philippine banks
Lynette Ortiz at the helm of LandBank, with assets of $52.8 billion
10/19/2023
From Switzerland to Singapore, a global arms race to attract family offices (and their tax dollars) is hotting up
Internationally mobile families are re-evaluating their residency, their family office location and the structures that hold their wealth
10/18/2023
Fidelity finds key barriers in Australian estate planning
This suggests a role for financial planner to hep provide structure and mediation for these sometimes-difficult discussions on how wealth can be transferred, to whom and when.
10/17/2023
Avaloq: DPM More Popular in Hong Kong Than Singapore
Although Hongkongers are well known for their tendency towards self-directed investing, they are also increasingly open to delegation.
10/16/2023
Hong Kong's High Net Worth Population Declines for Third Year in a Row, Citi Survey Shows
This decrease has been primarily attributed to the challenging investment environment.
10/13/2023
Marc Van de Walle: Integration is a «Superior Model»
Other banking rivals have also made similar moves to integrate various businesses to achieve scale.
10/12/2023
Singaporean magnate plans exclusive Gold Coast luxury apartments
The Singaporean tycoon is also very familiar with Australia, after Oxley took over a Perth builder four years ago.
10/12/2023
HNWs increase digital engagement: Research
The research also noted tax reporting, simplicity around access, and record keeping as the top digital features HNWs appreciate.
10/12/2023
ANZ CEO: Singapore is Winning Over Hong Kong
More of our customers have chosen to invest their regional treasury capabilities in Singapore.