Asian private banking
Does new wealth need a new private banking model?
The industry’s core values of having a laser-sharp focus on clients, empathy and integrity remain a steadfast constant
Barclays’ Singapore private bank business unaffected by Asia head’s exit
UK lender says Nitin Singh’s departure is part of restructuring to simplify local business structures
Shifting appetite among Asia’s rich could lift investments in alternative assets
MAS survey shows Singapore’s total AUM in alternatives hit nearly S$1.39 trillion in 2024. PE and VCs account for over half
Morgan Stanley taps HSBC, UBS for private wealth hires in HK
Bank hires veteran Edwin Lim as managing director from HSBC
Deutsche Bank has cut dozens in Asia private banking overhaul
DEUTSCHE Bank trimmed 10 private banking roles in Asia over the past week, adding to dozens of cuts in recent quarters as it zooms in on more profitable markets and weeds out underperformers, accordin...
Citi’s new global wealth head sees Asia as ‘top priority’
Andy Sieg is confident short-term stressors, including an economic slowdown in China, will not derail growth in the wealth management business.
JP Morgan Private Bank appoints new chief executive for Asia
JP MORGAN Private Bank on Monday (Oct 30) named Harshika Patel as Asia chief executive officer (CEO). She takes over from Kam Shing Kwang, who has been appointed chairperson of North Asia.
StanChart appoints two new private banking heads
STANDARD Chartered (StanChart) has appointed veteran banker Foo Tian Ong as regional head of South-east Asia and Singapore head of private banking, with effect from December.
HSBC names UBS’ Tommy Leung as South Asia head of global private banking
HSBC on Thursday (Aug 3) announced that Tommy Leung will be its South Asia head of global private banking from Oct 19.
HSBC’s private bank in Asia expects strong net new inflows in 2023
NET new inflows for HSBC Private Banking are on a strong momentum after a record showing in 2022. Inflows may well rise further as efforts to establish an onshore private banking presence in Asia begi...
