Wealth

HSBC appoints Citi veteran as its new head of international wealth hub for Singapore
HSBC appoints Citi veteran as its new head of international wealth hub for Singapore
HSBC has appointed 22-year veteran Jil Chin as its new head of international wealth hub for Singapore, as the company leads efforts to grow its international wealth business, the...
Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025
Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025
SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts said. While the growth may be slower than previous years’,...
World’s 500 richest people surpass US trillion in wealth in 2024
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of billionaires to a new milestone: A combined...
World’s 500 richest people surpass US trillion in wealth in 2024
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of billionaires to a new milestone: A combined...
The battle of the wealth hubs: Singapore, Dubai and Hong Kong
The battle of the wealth hubs: Singapore, Dubai and Hong Kong
Asian financial hubs emerge as strong contenders in a global wealth migration wave
UBS reorganises US wealth management unit in growth push
UBS reorganises US wealth management unit in growth push
UBS Group made organisational changes to its wealth-management unit in the US as it seeks to lift profitability in a market that’s central for its growth plans.The structure of...
China mulls moving Cinda stake to sovereign wealth fund in weeks
China mulls moving Cinda stake to sovereign wealth fund in weeks
THE Chinese government plans to transfer ownership in one of the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund in coming weeks as part of...
Fortunes of Apac billionaires outstripped global wealth growth last decade: report 
Fortunes of Apac billionaires outstripped global wealth growth last decade: report 
ASIA-Pacific’s (Apac) ultra wealthy had the fastest growing fortunes among billionaires across the globe over the last decade, a UBS report found on Thursday (Dec 5). The wealth of Apac’s...
FashionValet founders charged after sovereign wealth fund loss
FashionValet founders charged after sovereign wealth fund loss
MALAYSIAN prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company by two government-linked firms.Local influencers Vivy Yusof and...
Russian money ‘not our business’, says StanChart CEO Bill Winters, as bank doubles down on wealth management
Russian money ‘not our business’, says StanChart CEO Bill Winters, as bank doubles down on wealth management
The bank aims to attract US$200 billion in new assets over the next five years, expand relationship-manager team by 50% by 2028STANDARD Chartered has vowed to double down on...