In half a year, HSBC Private Banking has already raised over $500 million from Asia clients into private market investments including its Vision Private Equity 2019 fund.
After a flurry of openings globally, the historic hotel brand will open its second «ultra-luxurious» Singapore hotel on Sentosa island in 2022.
HSBC Private Banking continues its hiring drive in Asia with the addition of three relationship managers focusing on the Philippines high-net-worth segment, both in on and offshore locations.
His retirement comes as the organization embarks on an overhaul of its business and client structure to pursue growth opportunities and build scale asset classes.
The CEO of Switzerland’s largest bank has grown fond of complaining. He is losing sight of what he can change, finews.asia's Katharina Bart writes.
There has never been a more interesting time in the banking and wealth management world than now, writes Avaloq CEO Juerg Hunziker. The innovation momentum, largely driven by technology, is fantastic. There are five key elements that financial institutions need...
The Jersey-based international corporate, private client and funds service provider has hired a private client services director in Singapore as it aims to boost its business with UNHW and Chinese clients.
The use of fintech products and services in Singapore has grown substantially in the past two years, though the country still lags China and India by a large margin.
The sovereign wealth fund has slowed its pace of global investments, preferring to focus on its existing portfolio at home and on growing its footprint in India.
United Overseas Bank has tied up with Zilingo, a fashion and lifestyle e-commerce platform to grow ASEAN's fashion industry.
Analysts say investors should get used to trusts failing to make payments on products as Chinese authorities stop rescuing companies.
The U.S.-based asset manager is strengthening its investments in renewable energy in Asia as the region, the world's fastest-growing, undergoes a shift towards green energy.
Chief executive Koji Nagai barely managed to keep his job, despite a large drop in shareholder approval over the company’s first annual loss in a decade and a scandal over its poor handling of price-sensitive information.
Singapore-based Fave is onboarding merchants quickly to distinguish itself, as competition in the mobile rewards and mobile wallet space heats up.
Former UBS top banker Juerg Zeltner isn’t officially greenlighted in his new job, but already has a wealth manager in his sights, finews.asia has learned.
With $2 billion under their belt and targeting $10 billion by 2020, Raffles Family Office is one of the more sophisticated asset managers in the region. finews.asia talks to Founder and CEO Chi Man Kwan.
FWD Group is finalizing talks to buy MetLife's Hong Kong insurance unit so it could boost its presence in the city.
Vontobel committed fewer mistakes than its rivals, which helped the bank remain profitable in tough times. But new challenges have emerged that the bank needs to adopt to, says Vontobel Chairman Herbert Scheidt in an interview with finews.asia.
The head of a Thailand Bank says he is concerned about risky lending practices amidst slowing economic growth in Southeast Asia.
Switzerland is returning $133 million to Uzbekistan following a corruption scandal. A Swiss bank remains under investigation for its involvement.
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