News

Even before the so-called «Liberation Day», many family offices had already named the trade war as the top risk when managing their portfolios, according to a UBS report. But in the longer term, the ...
A 30-year veteran and former private banking executive at Deutsche Bank has joined a Dubai-headquartered firm. Klay Singapore has appointed Cheryl Wong as chief operating officer, according to a ...
Singapore-based OCBC outlined potential headwinds from tariff-related risks, including a low single digit impact on its loan book. OCBC maintained its financial targets for 2025 including a net ...
Hong Kong’s private wealth association has added a handful of members since the beginning of 2025. In 2025 thus far, the Private Wealth Management Association (PWMA) has added five new members, ...
A former wealth executive from BNP Paribas has joined a Taiwanese bank as its president. Kate Lin has joined KGI Bank as president, according to a LinkedIn post. Lin has 28 years of financial ...
The private wealth arm of Morgan Stanley has appointed an Asia head for its one-bank solutions team, finews.asia has learned. Morgan Stanley Private Wealth Management Asia has appointed Fenix Wang as ...
Across ten markets surveyed, most entrepreneurs hope to pass their business to a family member, according to an HSBC report. However, preparations lag intentions. Globally, 78 percent of entrepreneurs ...
Due to a newly introduced global minimum tax for multinationals in Singapore, DBS recorded a lower net profit in the first quarter and expects this trend to persist for the rest of 2025. DBS’ net ...
A new office in Dubai positions Manulife as the first international high-net-worth insurer in DIFC with a Category 4 license, empowering it to advise and arrange on life insurance contracts dedicated ...
Singapore-based UOB recorded stable profits in the first quarter but avoided providing guidance on earnings for the rest of 2025 due to macroeconomic uncertainties. UOB registered a net profit of ...
Wealth management was a standout business at Standard Chartered in the first quarter as the bank continued to advance towards its broader target to grow fresh assets and income. Standard Chartered’s ...
Paris-based Amundi has hired a former Aberdeen executive as an insurance specialist in Singapore. Xiong has over 15 years of experience across asset management, insurance and banking, most recently ...