wealth management

Already, the likes of UBS Group AG and JPMorgan Chase & Co. have seen the growth of new money in Asia take a hit.

MAS says the world's rich are setting up family offices in greater numbers in Singapore, as the pandemic brings to light their individual mortality and succession plans for future generations.

Raising the barbell in factor investing

Envysion will provide a range of services to clients from helping them structure deals to lifestyle offerings such as yacht and private jet charters.

With this acquisition, Bento will be rebranded as GrabInvest with products launched on the Grab app in the first half of the year in Singapore. GrabInvest will be the fifth core business vertical under Grab’s financial services arm, Grab Financial Group.

The New York-based bank is looking to add 30 to 35 private bankers in the two cities this year, Asia-Pacific wealth head Vincent Chui said in an interview.

SINGAPORE (Oct 10): Service providers to some of Asia’s wealthiest families say they are fielding a rising number of calls about shifting away from Hong Kong, with some already moving money to Singapore-based banks.

(July 18): Lufax, one of China’s largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reut

SINGAPORE (May 9): More than a third of wealth management clients across Asia-Pacific have plans to switch providers over the next three years, the EY 2019 Global Wealth Research report found.

SINGAPORE (Mar 15): During a recent trip to Kuala Lumpur, I ran into an old friend whom I knew from my days in the brokerage business back in the 1990s. To my surprise, he told me that he still worked in the industry and appeared to be making a good livin