London-based HSBC’s Asia pivot continues with the latest exit from its South Africa business. HSBC has reached an agreement to transfer the business of its South Africa branch to FirstRand Bank (FRB), ...

Zurich-headquartered EFG has expanded its Hong Kong office with the hire of several former Citi Private Bank executives. EFG Bank has appointed Seamus Yin as market group head - Hong Kong & China, ...

Asia is expected to experience strong growth in private markets. The Deputy Prime Minister of Singapore believes the city-state is well-positioned to act as a key hub for the asset class in the region ...

The Swiss financial center is facing significant challenges due to geopolitical tensions. A new study shows that only through geopolitical risk management the Swiss banking sector can maintain its ...

The Singapore co-CEO of Bordier & Cie has commenced her role as a fifth-generation member of the family-owned private bank prepares to return to Switzerland. D’Argembeau has over two decades of ...

Singapore’s DBS is positive about the future of its wealth management business, reportedly sharing optimistic forecasts on the growth of its fee income and assets under management. By 2027, DBS aims ...

The American central bank has commenced its easing cycle, cutting interest rates for the first time since 2020. Private banks are advising investors to take more risk. The US Federal Reserve has cut ...

The super-rich centi-millionaires of the world are increasingly concentrated in the USA and China, while Europe is falling behind. The upcoming U.S. elections are causing tension: Is an exodus of the ...

He was the man who managed the very wealthy clients, including many oligarchs. After more than 20 years at Credit Suisse and most recently at UBS, a new chapter begins for him. Dastmaltschi is a ...

Singapore-based WRISE has hired a 26-year veteran to lead its mass affluent unit. WRISE Prestige has appointed Henry Shin as CEO, according to a statement, based in Hong Kong. Shin, a 26-year wealth ...

The corporate and investment banking arm of Paris-based Natixis has announced the appointment of an aviation finance head for Japan. Koyama has more than 25 years of experience in the aviation sector.

Massive wealth generation and the establishment of family offices are relatively new phenomena in Asia. Nonetheless, the region is rapidly professionalizing and adopting best practices, according to a ...