09/08/2020

Family office business booms

An explosion in the number of high-net worth individuals in East Asia has brought strong demand for bespoke wealth management.

09/08/2020

Net New Money Surges at DBS Private Bank

Although DBS does not break down absolute figures, its private banking business is part of its broader wealth management unit which saw AUMs rise 7 percent year-on-year to S$251 billion ($184 billion).

09/08/2020

Sanctum Wealth: The Great Disconnect

Effectively, markets now stand assured that Fed will hold off hikes even if inflation spikes beyond 2% temporarily and hence, rates will stay lower for longer (consensus is until 2023).

09/03/2020

Westpac wealth biz worth up to $2.6b: CS

Credit Suisse said it expects most of the assets under review to be put up for sale and said the portfolio could be worth $3.3 billion to $4.8 billion.