Wealth Management
Endowus to bring Man Group’s credit offerings to Hong Kong and Singapore clients
Endowus to bring Man Group’s credit offerings to Hong Kong and Singapore clients
Man Group manages US$35b in credit assets globally.
Singapore’s financial sector turns to contract hiring for cost control
Hiring processes have become lengthier as employers consider cultural fit and regulatory compliance.
Wealth apps fail meeting investor expectations
Experts warn bad UX and weak security erode client trust.
Citi names new co-heads for capital markets and advisory in ANZ
The appointments coincide with the retirement of Tony Osmond.
Nomura setting up fourth banking division
Regulatory authorities likely guided it to set up a separate banking division.
Financial advice enquiries skyrocket in Trump’s first 50 days
Investors now seek protection strategies for their portfolios.
Bank of Singapore names new head of Hong Kong’s investment solutions group
Joey Tang worked in the Bank of China (Hong Kong) and Citi prior to joining BOS.
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity
Banks, insurers, and asset managers in Asia Pacific (APAC) could soon be faced with a partial transition of new wealth flows to WealthTechs. What can...
Siam Commercial Bank targets top wealth manager spot in Thailand
SCB CEO expects Thai assets to exceed $1t by 2028.
StanChart's cost-cutting to weigh on 2025 profits but wealth segment strong
The bank should be able to manage real estate challenges in Hong Kong, China, SoKor, says S&P.
HK’s young affluent families eye HK$18m in savings, but lack plans
Only a third of respondents have financial strategies to meet their needs.
Top 25 banks’ market cap rises 27.1% in Q4 2024
ICBC is APAC’s top bank in terms of market cap; DBS rises to 23rd spot.
Japanese banks seek M&As overseas
MUFG has spent a billion dollars buying a stake in fintechs.
HSBC India launches premium credit card for private banking clients
Wealthy cardholders in India increased their credit card spending by 87% in 2023.
Wealth transfer a critical topic for APAC advisers: survey
Sensitivity to talking about death and inheritance is named as the top challenge.
Standard Chartered eyes $200b in net new money in next five years
The bank plans to expand its relationship manager team by 50%.
Siam Commercial Bank inks MOU with Thailand Privilege Card
It will provide financing and investment services to card members.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?