Wealth Management
Siam Commercial Bank names new wealth management head
Siam Commercial Bank names new wealth management head
He is tasked with driving SCB’s goal to be the #1 digital bank in WM.
Why relationship managers must embrace the hybrid approach
It’s not just about giving advice but also using the right tools.
Taiwan’s CTBC Bank unveils new private banking platform
The bank will use the new platform to offer products and services to Hong Kong in Singapore.
St. James’s Place unveil Lumina portfolios
Over 9,000 ETFs and funds were reportedly screened in the selection process.
Comarch aims to bridge Asian banks’ innovation with wealth needs
The Polish tech firm is looking to help banks build their wealth management platforms.
Robo-advisors gain traction amongst younger Singaporeans
40% of respondents under 35 stated using robo-advisories.
DBS targets $370b in wealth assets by 2026
DBS saw a 23% increase in wealth assets in 2023.
High-net-worth market hits 4.8% in 2023
Thanks to an improving equity market and better macroeconomic environment.
HSBC Singapore to open three wealth centres by 2025
The bank aims to boost client-facing roles by more than a third by 2028.
UOB poised to benefit from growth of SEA's mass affluent segment
UOB has woven partnerships with privilege banking to appeal to the segment.
StashAway’s Hong Kong assets expand by 20% in Q1
Majority of their assets are from HNW and emerging HNW clients.
HSBC unveils US thought leadership programme for Asian UHNWs
The three day programme will connect the UHNWs to tech leaders.
KBank Private Banking, EQT Partners unveil new private equity fund
The minimum investment is THB500,000 with an 18 month lock-up period.
StanChart’s Signature CIO Funds attracts over $1b
The funds have returned over 28% since launch, the bank said.
FNZ, abrdn launch digital wealth platform in Singapore
The firms’ platform have over $90b assets administered in the UK.
OCBC completes buy of PT Commonwealth Bank Indonesia
Full integration is targeted for Q4 2024.
How banks should rethink pricing
It’s not just about how much customers pay but also what benefits they get.