07/24/2024
China now has 46,060 ultra wealthy individuals with a total wealth of US$5.20 trillion. It is down from 2022’s tally of 47,190 citizens with a wealth pile of US$5.3 trillion
07/24/2024
The three-year bond fund, only open to DBS and POSB customers, will look to deliver a higher income than cash through holding a portfolio of short-dated investment grade bonds run by BlackRock.
07/22/2024
Mizuho Bank launches a philanthropic foundation, renewing its focus on community and talent development, while committing to $853 billion in sustainable financing
07/22/2024
The region's population of millionaires continues to rise, driving the growth of family offices.
07/22/2024
Much of the growth was fuelled by Hong Kong and mainland Chinese clients putting more money to work in Singapore.
07/19/2024
The Frankfurt-headquartered bank generated the largest share of its revenue - 44 per cent - in its home market of Germany last year
07/19/2024
Together, both companies share a vision and entrepreneurial mindset to drive new business growth, private wealth solutions and active investing opportunities for a broad range of clients.
07/19/2024
Bank of Singapore remains ‘moderately risk-on’ but reduced its Japan overweight to neutral, recycling profits into other Asian markets, while also moving neutral on Treasuries and credit.
07/18/2024
[I]f the government wishes to promote the city’s family office policy by publicizing some examples, then they should really be more careful and do the proper background checks first
07/18/2024
These big global changes are echoed among our customer base here in New Zealand, and when you add New Zealand’s record high net migration levels3 to this picture, our customer base has never been more diverse.
07/18/2024
StanChart Strengthens DPM, Fixed Income in Singapore
07/18/2024
The deposit is available to clients who have connected one of the Sovcombank Wealth Management service packages.
07/17/2024
At the same time, this group is always looking for innovative ways to maintain control over their investments, supported by personal or general financial advice.
07/17/2024
Entering an Open Banking Era That Fosters a Customer-Centric Banking Landscape Through the IADS Pilot Program
07/16/2024
Prior to heading up Madison, Donat was head of licensee development at BT Group licensees.
07/16/2024
At the beginning of 2020, the Wealth Management division of Standard Chartered Bank kickstarted an ambitious journey to scale up its digital advisory platform capabilities.
07/15/2024
Hong Kong’s private banking industry is experiencing renewed optimism after several difficult years that included political uncertainty, strict health-related restrictions and poor market performance.
07/15/2024
OCBC sees wealth management as it key growth engine in Macau and would like to serve corporate clients expanding in the gaming hub, bank’s local head says
07/15/2024
BNP Paribas Wealth Management Asia had an of USD80 billion as of end 2023, making its private bank business in the region a significant part of the global banking giant’s portfolio.
07/12/2024
Celent defines its ‘Luminary’ designation as excelling in solution capabilities and for having a leading market presence.