02/22/2023
Standard Chartered already employs around 5,800 staff in the city and the bank wants to hire between 300 and 500 wealth management staff in Hong Kong this year in a move that is likely to push up salaries as it goes toe-to-toe with HSBC and Citigroup.
02/22/2023
Revenue was driven by strong growth in net interest income and increases in all global businesses, including Global Private Banking.
02/22/2023
The HKLPFA is the industry association guiding and promoting the Limited Partnership Fund (LPF) regime in Hong Kong.
02/21/2023
The masterclass showcased Labuan IBFC’s sectoral offerings and services and served as a platform for an exchange of ideas
02/21/2023
This contributed to a strong overall financial performance.
02/20/2023
The reopening of the border is set to increase business opportunities in the Greater Bay Area, green finance, fintech and wealth management.
02/20/2023
The stock is up nearly 30% since then, making Fumio Kaneko, 66, the company’s cofounder and president, the country’s newest billionaire with a net worth of $1 billion.
02/20/2023
Growing demand for female relationship managers is also pushing such wealth management firms to accelerate their hiring plans.
02/17/2023
Weng also asked how Tan’s ministry ensured that family office financial assets were booked, based, or anchored, in the city-state.
02/17/2023
Private banks like Julius Baer are ramping up expansion efforts onshore with plans to triple assets and double the number of relationship managers as well as clients, as part of a five-year transformation strategy in India.
02/17/2023
This incentive will be instrumental in driving philanthropic activities in the country, further enhancing Singapore's reputation as a top-tier wealth management centre and a regional philanthropy hub.
02/17/2023
Mizuho Financial Group leverages the resources and expertise across its entire business lines to provide products and solutions that transcend the boundaries of finance to meet the diverse and sophisticated needs of high-net-worth individuals
02/17/2023
Citi is observing a rebound in wealth management activities in Asia where momentum is shifting after a challenging 2022 that saw various macroeconomic headwinds.
02/15/2023
The new decumulation fund aims to deliver higher income payouts while drawing down capital to convert assets to income systematically.
02/13/2023
"All three funds also strongly outperformed the median of the Morningstar Large Cap Value Peer Group, with the Select Australian Equity Fund being the leading fund in this peer group, based on Morningstar data."
02/13/2023
“We have launched WealthOne to cater to the growing number of Filipinos who have achieved success in their careers, businesses and other endeavors, and who now want to ensure that their loved ones and succeeding generations will benefit from their l
02/10/2023
Those expansion plans are vital to shore up growth at Europe’s largest lender, which is grappling with a downturn in profits from the Greater China region.
02/08/2023
The positive trend observed in the last quarter of 2022 has persisted into the new year.
02/08/2023
The measures, more stringent than at many peers, threatened to stall efforts to recover from massive outflows that contributed to another quarterly loss for the embattled bank.
02/03/2023
Citi's wealth unit decided to cut the loan-to-value ratio for credit against Adani securities to zero on Thursday