Private Banking

Singapore central bank tells private banks to shorten account opening time

Singapore central bank tells private banks to shorten account opening time

Singapore’s central bank has told private banks to take a “risk appropriate” approach to shorten the time taken to open

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Singapore private bank deploys AI to cut due diligence time

The Bank of Singapore, the private banking arm of Singapore lender OCBC, has introduced a tool powered by artificial int…

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Equity Income: Take It or Leave It?

Investors often assume that as they move between life stages,

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Rewired, Reshaped, Redefined Infusing AI to Drive the Next Chapter of Efficiency in Fund Management

The investment management industry is undergoing structural change. Margin pressure,

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Redefining Asian Equities

Asia is emerging as the next major destination for long-term

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Private Credit 2.0: Rethinking the Universe Featuring Johnny Brom, CIO and Founder, SAIL Investments.

As private credit continues its rapid ascent across institutional portfolios,

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People Moves

HSBC Private Bank appoints Asia Pacific COO for global private banking

HSBC Private Bank has made Benoit Douchin the permanent chief operating officer of global private banking for Asia Pacif… To

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Regulation & Compliance

Taiwan relaxes regulations in asset management hub plan

Market Presence: FSC says removing regulatory hurdles is “conducive” to divert more capital into the financial market
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People Moves

Manulife taps Citigroup veteran Fabio Fontainha as new Asia head

Going Places: Fontainha succeeds Michael Dommermuth, who is leaving Manulife at the end of the year
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Wealth Management

Liechtenstein’s LGT buys Commonwealth Bank of Australia’s personal advice unit

Market Presence: LGT expects the acquisition to strengthen its foothold in Australian wealth management
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Analysis

Abu Dhabi Global Market sees “remarkable” jump in assets managed

Market Presence: Abu Dhabi Global Markets had 112 registered asset managers overseeing 141 funds as of end-June
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People Moves

Bank of Singapore taps Owi S. Ruivirar from GIC as chief portfolio strategist

Going Places: Ruivirar reports to Jean Chia, the Bank of Singapore’s global CIO
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Analysis

Analysis: Julius Baer bares shortcomings of Swiss banking oversight

Analysis: The latest problem child in Swiss banking heightens the need for firmer regulation
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Wealth Management

HSBC buys Citi’s China wealth management business

Hongkong and Shanghai Banking Corporation Holdings plc (HSBC) is set to buy a US$3.6 billion retail wealth management po… To

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Sovereign Wealth Funds

Singapore’s Temasek to invest US$3 million-$5 million a year in India, report says

Investments: Temasek plans to expand its India team by adding four or five investment professionals
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Analysis

Analysis: Singapore court deals a blow to Credit Suisse

Analysis: Court ruling raises questions about the relative attractiveness of Switzerland versus Singapore as a private wealth management hub
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