Wealth Management
Citi rolls out evergreen private market funds for HNW clients
Citi rolls out evergreen private market funds for HNW clients
It has partnered with Blackstone, Blue Owl, and KKR to launch the funds.
APAC to capture $4t private credit boom as loan returns shrink
Australia, Japan, and India are emerging as key private credit growth markets.
Motilal Oswal profit skyrockets 65% on record operating surge
The India financial services company saw asset and private wealth growth.
CMB seen as top winner in China’s wealth reallocation, CGSI says
CGSI expects the bank to benefit from stronger demand for wealth management and bancassurance products.
HSBC targets cross-border wealth with veteran Asia hires
William Fok returns to lead Thailand operations.
Bank of America's 2025 earnings jump 19% to $30.5b
Q4 net income rises 12% to $7.6b as the bank caps record year.
HSBC nabs Citi Global Wealth COO as new CCO for IWPB business
Valentín Valderrábano will relocate to Hong Kong from New York.
Singapore big three banks to sustain strong dividends in 2026: report
Wealth management inflows and activities are expected to be robust.
Banks shift deposit strategy from rates to relationships
Wealth management is a key focus.
Mizuho expands further into India with planned Avendus acquisition
Avendus will become a subsidiary of Mizuho Securities.
UnionBank names Gauraw Srivastava as wealth head and EVP
Srivastava was previously head of private banking at Vietnam’s VPBank.
NAB Private Wealth names Alexandra Campbell as new CIO
Campbell will lead the investment strategy across all asset classes and JBWere.
Wealth managers expand lifestyle offerings to capture UHNWs
UHNW-focused practices are more likely to offer concierge and lifestyle services.
Thousands of Aussie financial advisers fall short of 2026 rules
Over 2,300 advisers or providers risk losing authorisation on 1 January 2026.
GoTyme Bank rolls out crypto investment services in the Philippines
Customers can invest in 11 cryptos without registering on a third-party platform.
Banks risk losing $170b if AI adoption lags
But longer term, AI may erode bank profitability as customers turn to AI agents.
Indosuez appoints Chua See Piu as head of North Asia Market
Chua was formerly managing director at BNP Paribas Wealth Management.
Commentary
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’