Wealth Management

High interest rates carry DBS to record net profit of $6.14b in 2022

Total income surpassed S$16b for the first time in the bank’s history.

High interest rates carry DBS to record net profit of $6.14b in 2022

Total income surpassed S$16b for the first time in the bank’s history.

Deutsche Bank names Serene Wee as managing director for SEA wealth business

Wee joins from Credit Suisse, where she spent 19 years working with UHNW clients.

Asia's wealth managers faced with potential $25m revenue boost

Rising income will push the affluent and mass affluent segments’ wealth pool to $4.7t.

Deutsche Bank names Johanes Oeni as SEA head of international private bank

Prior to his new role, Oeni led the WM business of Credit Suisse in Indonesia and Malaysia.

Citi announces leadership appointments in Asia Pacific Markets business

The new heads will be based in Singapore and Hong Kong.

HSBC Global Private Banking launches discretionary digital platform in Asia

It makes use of building blocks to construct clients’ portfolios.

Property risks manageable for Hong Kong banks: analyst

But uncertainty in border restrictions with China will subdue wealth management, bancassurance.

The new brand of personalisation that’s shaping Citi’s digital banking journey

Customers want options, but curate it–don’t just offer it, says Citibank’s Nilesh Kumar.

HSBC Global Private Banking launches Chengdu, Hangzhou units

The newly established teams are comprised of relationship managers and investment counselors.