Managers of Wealth Asia Pacific

Kotak Bank introduces Réserve, an exclusive account tailored for high-net-worth individuals

These additions further enhance the bespoke services provided by Kotak Private Banking to its esteemed clientele.

SNB is expanding capacities at the Singapore location

Since October 2022, it has been led by Carolin Reiss , who has succeeded Marco Huwiler , who is back in Switzerland.

South African neobank Tyme Group set to expand to Vietnam

It also launched a fully digital bank called GoTyme Bank in the Philippines in 2022, in association with local company Gokongwei.

ZA Bank to launch virtual asset trading services for retail investors under new licensing regime

ZA Bank’s plan was formulated in response to the growing demand for virtual assets in the city.

BofA Plans to Shift 40 Bankers in Asia

The plans to attempt transferring staff are part of efforts to avoid headcount reduction.

Mizuho recognized as Best trade finance bank in Asia by Global Trade Review

GTR is one of the major magazines for the trade finance industry, and is read by financial institutions, regulators, traders, and manufacturers in over 90 countries.

ACE Money Transfer and Bank Al Habib Join Forces to Stimulate Remittance Inflows to Pakistan

Despite a notable increase in inflows reaching $2.5 billion by March 2023, the overall downward trajectory has sparked considerable apprehension regarding Pakistan's economy.

US Banks Reportedly Scaling Down China Plans

JPMorgan, Citi, Bank of America and Morgan Stanley have a combined exposure of $48 billion to China in 2022

UBS Sees Problematic High-Risk Lending in Asia at Credit Suisse

The lending relationships prompting concerns are ostensibly in higher-risk markets

AMP Bank announces interest rate changes

AMP Bank is committed to providing competitive rates for both home loan customers and savers to help them manage their budgets and achieve their financial goals.

Citigroup Adds Staff to Hong Kong’s Commercial Banking Unit

Almost 40 percent of Citi’s new commercial clients in Hong Kong come from the development zone in the Greater Bay area.

SMBC Group and Jefferies Announce Growth of Strategic Alliance

The next phase of the alliance will enhance the collaboration that began in 2021, increasing the joint efforts across the firms’ M&A advisory services and equities and debt capital markets businesses

StanChart profit beats forecasts on boon from rising rates

StanChart, which earns most of its revenue in Asia, said January-March pretax profit reached $1.81 billion

NAB, Westpac and ANZ to close branches in Victoria, NSW, WA and Qld

The major banks are shuttering more bank branches across the country with calls for them to stop as they rake in “massive profits”.

New ‘One DBS’ brand campaign dials up the amplified benefits from DBS Bank India’s expanded scale

New film showcases the bank’s digital prowess, enhanced suite of offerings, Asian connectivity and commitment to sustainability

Hang Seng Bank : Launches First Prestige Banking “Family+ Account” for Seamless Personal and Family Finance and Wealth Management

Under their own main account, customers can add multiple accounts that are named for a specific family member or a specific need.

Retail Banking