Wealth
HSBC is making a Middle East wealth push after hiring 100 bankers
HSBC Holdings is courting private bankers as it seeks to expand its business of catering to the growing number of millionaires and billionaires moving to the Middle East. The...
Who is Wang Hongquanxing? China’s Kim Kardashian banned by Beijing from social media for flaunting his wealth
China has banned popular social media influencer Wang Hongquanxing, known as "China's Kim Kardashian," from the country's major online platforms. This move is part of a broader crackdown on...
ABN Amro buys Fosun’s German bank in wealth management push
ABN Amro Bank agreed to buy German lender Hauck & Aufhäuser Lampe Privatbank for 672 million euros (S$985.3 million), expanding the Dutch company’s reach in wealth management.
The purchase, from...
Norway wealth fund blacklists Adani Ports citing ties to war
Norway’s US$1.7 trillion sovereign wealth fund has decided to exclude Adani Ports & Special Economic Zone from its portfolio, citing “unacceptable” risks that the company is tied to human...
Manulife profit beats on growth in Asia, wealth management
MANULIFE Financial posted first-quarter profit that beat analysts’ estimates, boosted by continued strength in its Asia operations and wealth-management business.Core earnings increased 16 per cent from a year earlier...
Prudential shutters Hong Kong wealth unit Pulse
INSURER Prudential has shut down its Hong Kong wealth management business Pulse Wealth, the company said in a statement to Reuters on Wednesday (May 8), as part of a...
Deutsche Bank unveils wealth targets after hiring push in Asia
DEUTSCHE Bank plans to double the assets it manages for rich families in South-east Asia and the Middle East over the next five years, tapping growing ties between ultra-rich...
Deutsche Bank unveils wealth targets after hiring push in Asia
DEUTSCHE Bank plans to double the assets it manages for rich families in South-east Asia and the Middle East over the next five years, tapping growing ties between ultra-rich...
