Wealth Management

Banks miss $10t wealth opportunity by neglecting affluent women clients

Banks miss $10t wealth opportunity by neglecting affluent women clients

Lack of women advisors and male-focused wealth servicing is hurting wealth managers’ long-term strategies.

HSBC Global Private Banking names Kapil Khanna as desk head for three markets

Khanna was head of international investment counselling in HSBC.

OCBC integrates stockbroking subsidiaries to Global Markets division

The bank expects to develop “more holistic” wealth propositions for its HNW customers.

Macquarie Group to handle earnings drop following business sales to Nomura

Businesses in other markets should offset a drop in earnings in some businesses.

Hang Seng Bank launches cross-boundary wealth centre at Central branch

The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers.

Wealth managers must address safe-haven shift of wealthy Chinese investors: analyst

Over a quarter of HNWs’ wealth are parked in low-risk assets.

OCBC starts AI stock adviser using data on 4,000 stocks

AI Oscar uses more than a decade's worth of data to predict equity prices.

HSBC Singapore unveils wealth centre at The Star Vista mall

Premier customers can enjoy complimentary refreshments at the adjacent café.

Syfe to acquire Aussie investment platform Selfwealth

Selfwealth will delist from the ASX and begin privately trading as Selfwealth by Syfe.

India’s InCred Wealth names head for family office business

The wealth management firm will offer tailored solutions to UHNWIs and business families.

HSBC China unveils wealth centre in Hangzhou

The wealth centres have an average size of 1,800 sqm, and are upgraded from traditional branches.

Standard Chartered unveils sports investing fund for wealthy clients

The fund focuses on sports, media, and entertainment opportunities.

HSBC Singapore launches premium credit card for wealthy clients

It offers perks such as access to private clubs and members-only lounges in APAC, Europe, and the US.

Wealth firms eye a slice of India's startup boom

The ultra-rich have started looking at small and mid-sized companies.

Westpac first to join AU’s energy rating trial for existing homes

The initiative aims to help households better understand their energy consumption.