Wealth Management

HSBC unveils US thought leadership programme for Asian UHNWs

The three day programme will connect the UHNWs to tech leaders.

KBank Private Banking, EQT Partners unveil new private equity fund

The minimum investment is THB500,000 with an 18 month lock-up period.

StanChart’s Signature CIO Funds attracts over $1b

The funds have returned over 28% since launch, the bank said.

FNZ, abrdn launch digital wealth platform in Singapore

The firms’ platform have over $90b assets administered in the UK.

How banks should rethink pricing

It’s not just about how much customers pay but also what benefits they get.

Deutsche Bank cuts 10 private banking roles in Asia: report

The bank has cut about 60 roles in Singapore and Hong Kong over the past year.

Maybank Singapore unveils online investment service for as low as S$200

From now until 30 June, the sales charge for the first $2,000 will be waived.

StanChart’s SC Ventures and NEXT176 unveil Shariah-compliant wealth platform

It will merge SC Ventures’ Autumn with NEXT176’s 22seven into one new platform.

VP Bank names Will Wang as wealth head in Hong Kong

Wang is also now chief representative of the VP Bank AG Hong Kong Rep Office.

BPI Private Wealth aims to double assets and capture 25% local HNW market

CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.

How have banks’ wealth management pivots played out?

There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.

Citi names Marc Luet as Asia North & Australia Cluster and Banking Head

Luet replaces Angel Ng, who is retiring on 5 April after 26 years with the bank.

Bank of Singapore names Credit Suisse banker as Greater China COO

Ronnie Cheung was appointed as Credit Suisse’s Hong Kong COO in 2021