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.
RBC Wealth Management names Kamran Azim as COO for Asia wealth business
He will be based in Singapore.
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.
Deutsche Bank appoints ex-StanChart banker as group head of IPB Global South Asia UK
Gupta will provide oversight on the GSA UK team.
Standard Chartered taps ex-Citi head of markets as global head of international banking
James Lye will begin his role on 1 November.
HSBC Global Private Banking launches Chengdu, Hangzhou units
The newly established teams are comprised of relationship managers and investment counselors.