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Wealth and Asset Management

05/31/2023

Standard Chartered and Singapore FinTech Association partner on blockchain paper to drive sustainability in supply chain payments

Concept paper deep dives into sustainability practices across global value chains and reveals specific tools to encourage alignment and integration among stakeholders

05/31/2023

Refik Anadol’s ‘Glacier Dreams’ debuts in Singapore as a new multi-sensory experience in Julius Baer’s NEXT initiative

Inspiring joy and hope, ‘Glacier Dreams’ will be projected on the façade of ArtScience Museum

05/31/2023

Pictet Moves European Headquarter Out of Luxembourg

The designated head of the institution and head of wealth management for the region is Christian Schroeder.

05/31/2023

Handelsbanken enters into an agreement to sell private, SME and life insurance operations in Finland

The private customer, asset management and investment services operations are to be sold to S-Bank, who will also take over lease agreements for branch offices.

05/31/2023

Everything you need to Know about Millionaires' media habits by Altiant

Altiant will help you devise successful strategies with the second edition of their Millionaire Media Consumption

05/31/2023

Credit Suisse Shares Breach NYSE Rules

Under the terms of the agreement, Credit Suisse shareholders will receive one UBS share for 22.48 shares.

05/30/2023

Canaccord Genuity Group Inc. announces completion of its acquisition of Mercer's Canadian Private Wealth Business

The former clients of Mercer Private Wealth will benefit from access to the extensive range of services offered by Canaccord Genuity Wealth Management in Canada, in addition to global research and expertise from across Canaccord Genuity Group.

05/30/2023

Citi Global Wealth’s CIO warns of a rolling recession

However, lower rates by the end of year provides opportunities to extend bond duration and add emerging market debt.

05/30/2023

Wellington Management cuts 5% of staff following strategic review

The $1tn firm becomes the latest asset manager to lay off members of its workforce to reduce costs.

05/30/2023

Private banking brands exit – how it creates new opportunities

There may be significant openings for expansion

05/30/2023

Wealth management for Millennials: Are firms missing out on a massive opportunity?

A report from HSBC UK found that 57% of non-investing customers were unlikely to invest in the next 12 months for fear of losing money.

05/30/2023

Singaporean wealth management fees are set for weak growth in 2023

In their Q4 2022 results, Singaporean major banks revealed that their revenue was negatively impacted by low wealth management fees

05/29/2023

Credit Suisse Loses Against Georgian Oligarch in Singapore

The move marks another setback for the bank in its legal battle with the Georgian oligarch.

05/29/2023

Soochow Securities (Hong Kong) Joins Forces with DL Holdings to Accelerate the Expansion of Wealth Succession and Asset Management Services

Several favourable policies have recently been announced to attract more family offices to settle in Hong Kong, fully reflecting the determination of Hong Kong to enhance its competitiveness as a global wealth management center and develop the city as a f

05/29/2023

Union Bancaire Privée acquires Angel Japan Asset Management

The transaction will see UBP further strengthen its presence in Japan and is a clear demonstration of UBP’s ambitions to expand its footprint in Asia-Pacific.

05/29/2023

Deutsche Bank boosts investment in Vietnam to support growth

Bank nearly doubles its capital allocation in Vietnam, demonstrating strong commitment to the market

05/29/2023

Wealth manager St James’s Place kicks off hunt for new chief

The FTSE-100 company is working with Russell Reynolds Associates to find a successor to Andrew Croft, who has worked for St James’s Place since 1993, Sky News learns.

05/29/2023

UBS, CS Offer Inflow-Linked Bonus to Bankers in Asia

This is more attractive than typical bonuses which are linked to fee-generating assets which requires clients to invest, in addition to opening an account and banking their assets.

05/29/2023

Mirova’s ‘very French’ plan to change the world

Guillaume Abel, deputy CEO of the Natixis-affiliated asset manager, has a global vision.

05/29/2023

Wealthiest Billionaires Have Seen Their Wealth Increase By $1.1 Billion This Year

Their total wealth has increased by around 8% since the start of the year and is now $7.52 trillion, the analysis by the firm which supplies technology for security firms supporting ultra-high net worth (UNHW) families and individuals.

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