Wealth Management
Family offices spur growth of financial wealth in Singapore
Family offices spur growth of financial wealth in Singapore
There are now 800 family offices in the city, compared to only 100 five years ago.
End of cheap money era: Maybank’s Alvin Lee on investing in an era of wealth preservation, protectionism
Globalization is no longer the best strategy for banks if they wish to thrive in the new era of investing.
HSBC winding down wealth, personal banking business in New Zealand
The bank can no longer justify investing into this business, it said in a statement.
Citi Commercial Bank names head of corporate finance for ASEAN
Citi has also named a new country head for Citi Commercial Bank Malaysia.
HSBC unveils new measures to support Hong Kong, mainland startups
A specified lending fund was increased to $3b.
BPI Wealth tasked by PH state insurance to manage $45m investment fund
The investment fund amount is P2.5b.
HSBC names new South Asia head of wealth and personal banking
Kai Zhan g will be responsible for expanding wealth management across South Asia.
AlTi completes acquisition of SG-based AL Wealth Partners
This is in line with AlTi’s goal to assist SG’s growing clientele.
Amanda Lee named APAC head of third party manager solutions for Citi
All of Citi’s mutual fund sales team members in the region report to her.
HSBC study: What type of wealth succession do Chinese entrepreneurs prefer?
56% of the surveyed hope to achieve risk isolation through family trusts.
Syfe allies with US-based investment management firm for unique offering
Monthly payouts range between 4.0% to 6% per annum.
Citi names Vikram Singh as CEO of Malaysia franchise
He reports directly to South Asia and ASEAN head Amol Gupte.
BNP Paribas launching wealth management business in Thailand: report
It will use the bank’s platform in Singapore.
Nomura appoints North Asia Head of Wealth Management
This is in line with the company’s goal to build its International Wealth Management business.
HSBC GPB appoints Henry Lam as APAC head of wealth planning and advisory
Lam joins from Credit Suisse.
Corporate banks ramp up data analytics to boost customer acquisition
They also plan to use data and analytics to assess productivity of relationship managers.
Credit Suisse clinches approval to launch wealth business in China: report
The Swiss bank is pushing to roll out its wealth business by the first half of 2023.