Wealth Management

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.

Hang Seng Bank warns customers of fraudulent Facebook accounts, links, and websites

Customers are advised to report any suspicious emails, messages, accounts, or websites claiming to be Hang Seng Bank.

GBA’s financial services industry more ‘bullish’ for future prospects: PwC

Tech advancements are paving the way to new opportunities for cross-industry servicing.

Citi sells $3.6b China consumer wealth portfolio to HSBC

The deal does not include the bank’s institutional business.

Schroders SG, KBank launch China Private Equity Fund in Thailand

The fund offers investors access to China’s RMB private equity market.

Citibank Singapore launching new satellite wealth advisory hubs in 2024

The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.

Citigroup’s net income rises 2% to $3.5b in Q3

Revenue was 9% higher at $20.1b during the quarter.

RHB Islamic Bank targets $1.28b in wealth management by 2026

Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.

Financial fitness is a major factor when it comes to the quality of life: Study

Developed markets scored lower than those in emerging markets. 

HSBC names Lok Yim as regional head of APAC global private banking

Yim joins from Deutsche Bank, where he was CEO of its Hong Kong business.