The bank said that globally, Singapore has among the highest share of millionaires whose main source of income is their salary, and they prioritize self-enrichment over wealth accumulation.
Bank of Singapore’s global head of products, Marc Van de Walle, shares with finews.asia about the growing demand for advisory mandates in an increasingly uncertain economic and geopolitical environment.
He will oversee the firm's Asia-Pacific operations and build a regional platform by supporting the company’s business development initiatives and maximizing its operational efficiency.
Despite real investor need for exposure into alternatives, regulations remain a dominant hurdle for access to the asset class in Asia, chief investment officers from insurers claim.
The firm said it expects to triple its Singapore headcount by the end of 2020 and open new offices in the region over the next few years.
Commodity giant Tewoo Group reportedly could become one of China's all-time high profiled state-owned enterprises to default on a U.S. dollar bond.
Swiss private bank Mirabaud is opening an office in Abu Dhabi, clinching a weighty local partner to do so.
With a decade drawing to its close, investors are looking ahead to discern the mega-trends of the coming ten-year period. Here’s what the world’s largest wealth manager UBS suggests you should do with your money.
Citigroup hired two investment bankers from HSBC Holdings in Asia as part of its efforts to strengthen its Chinese real estate advisory business.
China has been blamed for causing the latest decline of the Bitcoin. Interestingly, China is also the country that launched the digital renminbi, a currency that stands to change the nature of financial markets.
The Bank of New York Mellon is conducting an evaluation program with the Marco Polo Network, furthering its aims to fully digitize the business to deliver new capabilities faster, unlock the power of data, and put clients at the center of their ecosystem.
A record $6 billion sovereign bond sale by the Chinese government is reportedly underway with the issuance planned for as early as next week.
Thunes will kick off its Singapore business as part of a wave of new players entering into the newly liberalized Singapore payment market.
UOB is pushing solar power usage by offering various financing solutions linked to solar powered equipment for both business owners and individuals.
Over 13 percent of China's financial firms are found to be «high risk», according to an annual report from the People’s Bank of China.
Despite lagging behind its western counterparts, Asia Pacific is increasingly embracing sustainable investing with 80 percent believing that considerations for environmental, social and governance-related factors can boost returns.
The chief of Oversea-Chinese Banking Corp has signaled that he favors internal candidates over external ones to succeed him when the time comes.
Westpac’s devastating anti-money laundering scandal has led to the widely anticipated step-down of its chief executive Brian Hartzer.
Hong Kong King Wai Group acquires Portugal-based digital bank BNI Europa in a move that is expected to tap into opportunities from both China’s global expansion and Hong Kong foreign residency demand.
When asked if Oversea-Chinese Banking Corp is ready to take on Chinese technology companies looking to take a piece of Singapore's banking market, the lender's top executive said they are well-positioned.
Page 543 of 1007
