Wealth Management

Rate cuts heighten reinvestment risk for wealthy clients

Rate cuts heighten reinvestment risk for wealthy clients

Investors are seeking growth in equities, crypto, and diversified strategies.
3 days ago

CIMB unveils new wealth management platform in Malaysia

This is reportedly the first CIO domiciled in Malaysia to serve affluent customers.
3 days ago

EFG Bank AG names Robin Heng as vice chairman of SEA

Heng was most recently co-head of private banking at Bank of Singapore.

BofA launches gen AI solution AskGPS using 3,200 internal documents

It is expected to help employees answer client queries faster.

DBS expands FX and commodities products as clients seek higher returns

DBS' 300,000 wealth clients are increasingly embracing FX and precious metals, said Rohit Meena.

APAC banks lag in hyper-personalisation despite predictive analytics use

Just 11% of execs described their hyper-personalisation strategies as “highly advanced”

SCB consolidates retail units under new consumer banking group

It is overhauling its branches as well as upskilling branch staff and relationship managers.

HSBC Private Bank rolls out gen AI platform for wealth management staff

It summarises the bank’s research reports and external news feed.

Which bank brands are most favored by Singapore’s wealthiest?

Top brands are those with wealth management expertise and international reach.

Investors embrace transition investing despite risks, gaps in benchmarks

87% of high-net-worth investors in Asia are drawn to transition investing.

Union Bank of the Philippines hires senior officers for compliance

A new relationship manager has also been appointed.

Security Bank accelerates digital transformation with fresh apps

MSMEs are a key focus of the Philippine lender’s modernization efforts.

Commonwealth Private unveil self-directed investment option for wholesale investors

Private Wealth Advantage is a self-directed investment option for wholesale investors.

Security Bank establishes wealth segment, announces new CFO

New CFO Allen Reyes previously worked at Singlife and Deutsche Bank.

Automation stalls hiring at Singapore’s top banks

Lenders are also upskilling to keep up with tech.

DBS launches bespoke private assets solution for UHNWs and family offices

The bank has teamed up with Hamilton Lane to launch PATH.

HSBC Global Private Banking scales up SEA and Australia teams

It has appointed Joanne Ng as new desk head for its Singapore team.