Investment Banking
Nearly 30 Chinese banks are setting up asset and wealth management units
The move comes after looser rules on AM activities.
Nearly 30 Chinese banks are setting up asset and wealth management units
The move comes after looser rules on AM activities.
DBS wealth management fees to shrink 1.3% in Q4
The bank's high-net worth clients are turning cautious amidst the market rout.
UOB launches high street Wealth Banking branch
It aims to cater to the 476,000 emerging affluent customers in Singapore.
Singapore banks shun risky trading over stable fees and commissions
The share of trading and investment securities income shrunk to 36% in 2018 from 47% in 2009.
APAC's asset and wealth managers to hit US$29.6t in AUM by 2025
Shanghai is set to rise as an AWM hub along with Singapore and Hong Kong.
Morgan Stanley beefs up Asian wealth team
It will hire 50 RMs in Hong Kong and Singapore over the next three years.
Myanmar's MAB launches wealth banking platform
The bank is aiming to double its premium members within one year.
Deutsche Bank sees exodus of 30% of workforce in Singapore and Hong Kong
This translates to almost 50 investment bankers leaving in the past six months.
Citi Private Bank announces top-level appointments for Indian business
The country is home to 263,000 high net worth individuals.
China's explosive wealth boom triggers private bank hiring spree
Homegrown and international banks are aggressively hiring.
Asia's asset management scene takes off as AUM hits $8.1t in 2017
The region outperformed Europe and North America in AUM growth. Western wealth hubs fail to match the stellar growth of Asia-Pacific’s asset...
Citi launches virtual remote engagement feature for Asian wealth management clients
Customers can chat with their relationship managers on-the-go.
Singapore banks fall from grace as lending and non-interest income takes hit
Volatile markets may cut up to 15% of DBS and OCBC's non-interest income.
Citi Private Bank appoints Sally Yeh as global market manager for Taiwan
Yeh will report to Rudolf Hitsch, Citi Private Bank's North Asia head.
Hong Kong regulator laments underperforming bank IPO sponsors
The SFC is enhancing sponsor standards as it aims to reclaim the global IPO crown.
Asia's private banks ramp up hiring of priority bankers
Citi, DBS, HSBC, and UOB are hiring via internal promotions.
Asia's top wealth experts gather for ABF's Priority Banking & Wealth Management Conference 2018
The conference will be held on December 4 at Shangri-La Hotel, Singapore.