Wealth Management
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.
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.
Investor demand for China’s wealth management product still muted
Balance may grow in 2024, according to Fitch Ratings.
Bank of Singapore names Credit Suisse banker as Greater China COO
Ronnie Cheung was appointed as Credit Suisse’s Hong Kong COO in 2021
Indosuez Wealth Management names two new directors to North Asia team
Indosuez Wealth Management has appointed two new directors to its North Asia Team.
PH’s Security Bank digitising its wealth management platform
The bank has partnered with Avaloq to automate and standardize the WM workflows.
Citi completes proof of concept on tokenization of private funds
It found new functionalities that could lower barrier-to-entry, Citi said.
Embedded finance, partnerships to shape future of SEA fintechs
Digital payments, WealthTechs, and cryptocurrency are also slated for growth.
DBS HK opens 15,000 sqft Treasures Centre at 18 Queen’s Road Central
It will have a team of WM professionals to provide HNWIs with wealth solutions.
Endowus unveils new diversified investment portfolios for Hong Kong investors
The CashUp Portfolios are single investment products that provide exposure to multiple funds.
Citi SG, Mastercard offer enhance debit card privileges to high net worth clients
Citibank has also pledged to restore 1,000 trees monthly over a two-year period.
Zhongzhi bankruptcy amplify contagion risks of non-bank wealth management products: analyst
Shadow bank Zhongzhi filed for bankruptcy in January 2024.
HSBC to distribute Schroders multi-asset income fund
The launch of the fund comes as a response to the current high inflation and interest rate environment.
1 in 3 Singaporeans use digital investment apps
There is a desire in the local population to increase private wealth, says UnaFinancial.
Corporate bonds, liquid assets key to investment wins in 2024: Standard Chartered
The expected US recession next year will significantly impact how bonds perform.
APAC M&A down 18.8% 11M’23
The region saw a total of 13,151 deals in the eleven months to November.
APAC wealth management integration set to grow by 5% in 2027
Rapid expansion in wealth and cross-border activities positions Asia-Pacific as a global leader in wealth management.