Wealth Management

DBS targets $370b in wealth assets by 2026

DBS saw a 23% increase in wealth assets in 2023.

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.

How banks should rethink pricing

It’s not just about how much customers pay but also what benefits they get.

Deutsche Bank cuts 10 private banking roles in Asia: report

The bank has cut about 60 roles in Singapore and Hong Kong over the past year.

Maybank Singapore unveils online investment service for as low as S$200

From now until 30 June, the sales charge for the first $2,000 will be waived.

StanChart’s SC Ventures and NEXT176 unveil Shariah-compliant wealth platform

It will merge SC Ventures’ Autumn with NEXT176’s 22seven into one new platform.

VP Bank names Will Wang as wealth head in Hong Kong

Wang is also now chief representative of the VP Bank AG Hong Kong Rep Office.

BPI Private Wealth aims to double assets and capture 25% local HNW market

CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.