11/28/2023
Seizing the Growth Potential in Asia’s Dynamic Wealth Management Markets
The discussion took place in three key phases, supported by a detailed slide show offered by Accenture.
Comment, Analysis & Research
11/27/2023
SMFG Group CEO Passes Away
Jun Ohta, the president and group CEO of Sumitomo Mitsui Financial Group (SMFG), passed away on 25 November 2023 at the age of 65
11/21/2023
Vietnam’s ultra-rich individuals to hit 1,300 by 2027: Knight Frank
It predicts that Vietnam will have more than 112,200 millionaires by 2027, a more than 60% increase from 2022 and a 173% increase from 2017.
11/21/2023
APRA releases superannuation statistics for September 2023
Employer contributions increased by 13.7 per cent over the year
11/20/2023
41% to Redefine Retail Banking in Asia/Pacific, Inclined to Invest on Generative AI, According to IDC
In the report, IDC prioritizes the GenAI use cases and the best practices in the Asia/Pacific region across six key customers journeys: acquisition, onboarding, transaction processing, servicing, portfolio management, and risk management and collections.
11/17/2023
HSBC Asset Management's Shah and Mehta: There are bright spots when investing in India
Diwali boost to Indian investment
11/15/2023
Calastone: Asia is a Fund Tokenization Leader
Firms engaged in fixed income and private assets were most advanced in their implementation efforts.
11/15/2023
Singapore family office reveals frontier tech investing approach
Private equity investments are something we continue to look at with a focus on six key sectors.
11/15/2023
Carney Mak of FXHB Asset Management shares insights on family offices from the Singapore financial community’s view
“We always strongly advocate the importance of social responsibility and localisation.”
11/13/2023
AllianzGI bullish on China as ‘high-quality growth’ will create wealth management demand, CEO Tobias Pross says
Chinese regulators in August granted initial approval to AllianzGI to set up an onshore fund management company, which should start operations next year
11/13/2023
Banks hunt for growth amid economic headwinds
The EY analysis of the big four banks’ 2023 full-year results found their combined statutory earnings were up 8.2% from the same time last year, to $31.99 billion.
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
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.