Investment Banking
Tech giants pose threat to Asian private banks as they lure the region's ultra rich
The likely target will be individuals shunned by private banking and pushed into premium retail banking models.
Tech giants pose threat to Asian private banks as they lure the region's ultra rich
The likely target will be individuals shunned by private banking and pushed into premium retail banking models.
BNP Paribas Securities Services appoints Diana Senanayake as head of Singapore
She will report to Philippe Benoit, head of Asia Pacific, and Pierre Veyres, CEO for Singapore.
Singapore and Hong Kong lead Asia's asset management charge
Their combined assets under management (AUM) hit $91.5b in 2017.
Asia beats Europe and America in private banking gains in 2017
Assets under management grew 15.2% which is almost double Europe’s 7.5%.
Asian investment banking fees plunge to four year low after hitting $4.62b in May
However, robust deal-making activity may buoy the sector from its slump.
Chinese banks spin off asset management arms as oversight mounts
Bank of Communications is investing $1.25b for such unit in Shanghai.
Asia's private banking scene heats up as European players enter fray
European private banks are heavily investing in Asian footholds.
Why you should be a part of ABF's inaugural Priority Banking & Wealth Management Conference 2018
The event will tackle significant topics on the thriving wealth banking business in Asia.
HSBC ramps up senior hiring for APAC equity business
The move is part of the bank’s restructuring business.
Hong Kong loses to Singapore in managing the assets of the world's wealthy
However, a growing preference of China’s HNWI for closer wealth managers is fast narrowing the gap.
Bank of Singapore inks deal with Sumitomo Mitsui subsidiary
The MOU aims to highlight BOS banking services to SMBC Trust Bank’s high net worth clientele.
Singapore's wealth management business dominates Asian competition
However, the growing preference of Chinese wealthy for Hong Kong is challenging its dominance.
OCBC unveils three-year hybrid unit trust
It combines a fixed maturity product through a call option strategy.
Can Hong Kong steal the wealth manager crown from Switzerland?
The banking secrecy capital's dominance has been on a steady decline since 2010.
JPMorgan Chase to ramp up joint venture stake in China International Fund Management
It targets growing its stake to a majority interest.
JPMorgan Chase appoints Mark Leung as CEO in China
This follows the bank's plans to further grow its onshore business capabilities in China.
Bangkok Bank ties up with equity crowdfunding platform
The bank’s clients can gain access to available venture capital opportunities on OurCrowd.