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private banking
Banking & finance

Bank of Singapore launches new asset allocation framework amid heightened global market volatility
The framework, called the strategic asset allocation framework, uses “robust optimisation” techniques to help clients build resilient, long-term investment portfolios.
July 04, 2025
Banking & finance

How Cathay United Bank aims to be a better-known name in SG through innovation, sustainability and client-centricity
Cathay United Bank launched private banking in Singapore during Covid, which is a move CEO Winfield Wong sees as a vote of confidence in the city’s long-term value.
May 27, 2025
Wealth

UBS in partnership with India wealth manager 360 ONE
UBS will sell its Indian onshore wealth business to 360 ONE for 3.07 billion rupees and acquire warrants for a 4.95% stake in its Mumbai-listed partner
April 22, 2025
Wealth

Wealth managers reduce the risks of transferring assets across generations
According to UBS’s billionaires report in 2024, multigenerational billionaires have inherited a total of US$1.3 trillion ($1.73 trillion) in the past decade — and that number is set to grow.
March 26, 2025
Investing strategies

Saxo Singapore CEO on Trump, uncomfortable investing and being a ‘one-stop shop’
Mahesh Sethuraman, CEO of Saxo Singapore, says private banks enjoy an “extraordinary business with pretty thick margins”, but face a dilemma in trying to modernise for the next generation of clients.
January 30, 2025
Hong Kong

Private banks boost Hong Kong hiring to woo rich Chinese clients
Hong Kong has been rolling out the red carpet for family offices and the wealthy with tax concessions as well as residency plans.
December 16, 2024
Banking & finance

DBS hires private bankers for rich Russians as rivals baulk
The Singapore lender grew Russian-speaking team to at least nine, while some other financial firms stayed away on growing sanction risks.
December 03, 2024
Banking & finance

UBS looks to rich women after long Australian wealth hiatus
Among the fastest newcomers to the high-net-worth category are women and not-for-profits. Both have gone from “niche a couple of years ago and now are a huge opportunity”.
November 26, 2024
Banking & finance

Barclays to add Singapore as private bank booking centre by 2026
Barclays sold its wealth businesses in Singapore and Hong Kong to Oversea-Chinese Banking Corporation (OCBC) in 2016.
November 26, 2024
Wealth

DBS aiming for $500 billion in wealth AUM by end of 2026: Reuters
The bank aims to double the number of clients with at least $1 million by the end of 2026 too
June 12, 2024









