02/27/2019
HSBC will unveil its revamped Singapore flagship soon
The bank added that it was aiming to “play a critical role in supporting Singapore’s ambition to be the leading wealth and trade hub of the region”.
Wealth and Asset Management
02/27/2019
Peter Flavel, the Aussie at the helm Coutts bank
Chief executive Peter Flavel has driven Coutts into the modern world — in search of entrepreneurs
02/27/2019
Wills are an afterthought for the rich: Lawyer
People with a lot of wealth don't necessarily understand the importance of protecting it, she told a media briefing yesterday.
02/27/2019
Global manager launches ESG strategy
The manager thinks the companies likely to benefit from the move towards decarbonisation will likely sit within industrials, utilities, energy, technology, materials, chemicals and automotive sectors.
02/27/2019
Private banks continue to expand amid challenging markets
The Business Times asked private bankers how they navigated the choppy waters and their outlook for 2019.
02/27/2019
Family Office Sees Value in Downtrodden Indian Shadow
Fears of wider market contagion have led to the collapse of the share prices
02/26/2019
CreditEase Wealth Management Receives Three Best Wealth Manager Awards
Our "Three Golden Principles for Asset Allocation" remain a cornerstone for our wealth management business
02/26/2019
HSBC Revamps Branch Footprint Across Singapore
This will require three things: providing the best customer experience, delivering the right products and propositions, and delivering a blend of physical and digital channels that make sense for them.
02/26/2019
Banks aim to increase the proportion of Asian client assets
“Wealthy individuals here in Asia, over time, realize that they can’t beat the market in such a fantastic way as their egos might tell them,” said Steven Fong
02/26/2019
Shruti Advani: «No One's Making Money in China»
Private banks have tweaked their strategy in China depending on how they are faring elsewhere, she notes.
02/25/2019
Asia’s Richest Delight Banks by Abandoning Their Trading Egos
UBS and its rivals are counting on the richest folks in the world’s fastest-growing region to boost profitability.
02/24/2019
EFG Bank’s Tan: Expect ‘very choppy’ markets, but US-China trade war resolution in 2019
The regional head of advisory solutions and product management is optimistic about the industrial and infrastructure sectors
02/22/2019
OCBC profit down 11% to S$926m for Q4; to pay out 23 Singapore cents/share
Net profit after tax from banking operations grew 22 per cent from a year ago to S$817 million.
02/22/2019
Singapore bank earnings disappoint on wealth, trading slump
OCBC’s net income unexpectedly fell 11 percent to S$926 million in the three months ended Dec. 31
02/21/2019
Wealth management fintech iFast Q4 profit climbs 46% to $2.6m
The group's China operations was loss making for the quarter, though it narrowed its loss slightly to $1.12 million, from a loss of $1.14 million for the year-ago period.
02/21/2019
LGT opens wealth management office in Thailand for high net worth investors
Located in downtown Bangkok
02/21/2019
Discretionary Accounts Gaining Popularity Among Asia's Millionaires
Asia's wealthiest are becoming more open to giving banks discretionary mandates in managing their wealth
02/21/2019
Escala bought by growing US firm
"Focus impressed us with its track record of success in supporting leading fiduciary wealth management firms through access to capital, value-added resources and best practices."
02/21/2019
Asia's Richest Delight Banks by Abandoning Their Trading Egos
Credit Suisse says clients outsource investing amid volatility
02/20/2019
HSBC warns on China, Britain slowdown as 2018 profit disappoints
HSBC remains alert to the downside risks of the current economic environment, global trade tensions and the future path of interest rates, Flint said, adding the bank was “committed” to the growth targets announced in June.