Wealth Management
Millennials, Gen Z embrace investing earlier than older gen
Millennials, Gen Z embrace investing earlier than older gen
Financial security and family support are their top goals in investing.
7 in 10 wealth owners keep assets in at least 2 countries: survey
The report surveyed 13,500 individuals with a net worth between $3m and $99m.
Citi’s wealth unit selling its trust business: report
The bank has been on a selling spree since 2022.
Citi names Yeo Wenxian as wealth head for South Asia
Yeo will also take over as CEO of Citibank Singapore Limited.
Weekly Global News Wrap: Morgan Stanley offers Bitcoin ETFs; Berkshire Hathaway sells $3.8b BofA stocks
And Wells Fargo is under investigation over issues in its AML programs.
Fees lift Singapore banks’ Q2 profits
But their Q2 profits are likely to be lower compared to Q1, analysts said.
Maybank names Alice Tan as head of group wealth management
Tan will continue on her role of Maybank’s head of wealth mgmt for Singapore.
OCBC unveils next-generation programme for wealthy customers
An estimated $2.5t in intergenerational wealth will be passed to the next gen by 2030.
Airwallex clinches retail investment license in Australia
It will now be able to offer its Airwallex Yield product to the wider retail market.
StashAway launches fixed-income Income Investing
It has a 5.51% per annum yield maturity.
Digital investment firm Arta Finance clinches approval to launch in SG
The firm offers access to alternative assets and credit channels.
UOB Indonesia’s privilege banking clients granted free access to airport lounges
Customers can get up to 10 complimentary passes annually.
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.
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The trial, which will take effect on 1 July, is a step in the right direction.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?