Chinese authorities delivered a stimulus package that was more aggressive than expected. Nonetheless, private banks did not much change their stance on the country’s economy and assets. On Tuesday, ...
HSBC made the decision to combine its investment and product teams in Asia a few years ago to serve clients across the full wealth continuum. The merged structure has paid dividends via new assets.
The US Treasury Secretary discusses the importance of coordination and a functional international recovery framework following the demise of Switzerland’s second-largest bank. For many, Credit Suisse ...
Zurich-headquartered EFG has expanded its Hong Kong office with the hire of several former Citi Private Bank executives. EFG Bank has appointed Seamus Yin as market group head - Hong Kong & China, ...
Union Bancaire Privée has expanded its North Asia team with hires from three rival private banks. UBP has appointed Ivan Tam as team head and Calvin Poon as relationship manager, according to a ...
London-based HSBC’s Asia pivot continues with the latest exit from its South Africa business. HSBC has reached an agreement to transfer the business of its South Africa branch to FirstRand Bank (FRB), ...
Asia is expected to experience strong growth in private markets. The Deputy Prime Minister of Singapore believes the city-state is well-positioned to act as a key hub for the asset class in the region ...
The Swiss financial center is facing significant challenges due to geopolitical tensions. A new study shows that only through geopolitical risk management the Swiss banking sector can maintain its ...
Did the leadership of the troubled Credit Suisse (CS) deceive authorities and the public in its final days? Switzerland’s financial regulator, Finma, is reportedly investigating this question. At what ...
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Singapore’s DBS is positive about the future of its wealth management business, reportedly sharing optimistic forecasts on the growth of its fee income and assets under management. By 2027, DBS aims ...
The latest summit hosted by the Hong Kong Academy for Wealth Legacy reportedly around a 50 percent increase in the number of attendees, including family office representatives. The Hong Kong Academy ...