05/12/2023
HSBC has attracted USD22 billion globally in net new money in the first quarter, with almost two-thirds of that coming from Asia, Nuno Matos, global head of wealth and personal banking, said in an interview.
05/11/2023
The rapid expansion of the mass affluent market segment in Asia means wealth managers and private banks are keen to ‘democratise’ their services and their investment offerings across a wider audience of clients.
05/11/2023
The plans will see the wealth management scheme broadened out
05/11/2023
HSBC attracted $22 billion in net new money from global clients
05/10/2023
GBA authorities finalising details of expanded Wealth Management Connect scheme, allowing mainland investors to buy global equity products
05/10/2023
The Singapore bank registered a 33% rise in wealth management income this quarter compared to the previous, with AUM standing at S$270bn.
05/09/2023
As a result, many of them have been forced to review their risk management strategies and explore a broader range of investment options.
05/05/2023
The Canadian private bank is planning to offer more structured products and a hybrid advisory model to increase stickiness among its Asia-based clients.
05/03/2023
Both at new highs, from higher net interest margin, sustained business momentum and resilient asset quality
04/28/2023
CIMB Private Banking is strategically positioned to continue to service this segment covering both their individual and corporate investment needs
04/27/2023
Fee income registered double-digit 14% growth, led by wealth management, says the bank.
04/27/2023
Credit Suisse insiders were buoyed by the developments, and view the trip by the UBS executives as a further commitment to Australian wealth management.
04/26/2023
Net new invested assets came to US$15 billion, compared to net inflows of US$14 billion in 2019.
04/26/2023
The asset manager hailed the RMB 1.08bn ($157m) raised for its debut China equity fund ‘amid tentative investor sentiment’, with a fixed income product in the pipeline.
04/25/2023
Citi has now announced actions for all our consumer markets we are exiting in Asia
04/25/2023
Based in Bangkok, Peter will head up an onshore team of wealth managers.
04/24/2023
Despite its traditional appeal as a hub for family offices, Hong Kong has faced a mix of challenges in recent years, including political turmoil and the pandemic management, leading some family businesses to relocate to neighboring Singapore.
04/24/2023
This programme aims to equip its clients in Asia with the skills necessary to better navigate cross-generational transitions.
04/24/2023
Over the years, HSBC Global Private Banking has supported international business owners, entrepreneurs and their families to manage, protect and growth their wealth across generations.
04/20/2023
The bank is targeting entrepreneurs with investible assets