The move is meant to meet the ‘underserved needs’ of high net worth clients.
Author Archives: PA Adviser
UOB buys Citi wealth arms in four Asean markets
The deal gives the bank access to around 2.4 million customers.
Singapore wealth platform buys UK digital bank
The acquisition will allow the group to obtain a banking licence in Britain.
Asia investors turn to high risk assets
But most younger clients say performance impacts their mental health.
Hong Kong relationship manager banned for 10 years
The banker “misrepresented” her academic qualifications to former employers Julius Baer and Bank of Singapore.
Data leak points spotlight on offshore world once again
‘Pandora Papers’ expose hidden wealth and tax avoidance by world’s rich and powerful.
Singapore digital wealth firm unveils Thai operation
People in the country increasingly want to invest overseas to diversify their portfolios more effectively, according to FSA’s sister title, International Adviser.
Affluent clients prefer alternative providers
Only 27% of wealthy in Apac prefer to use traditional banks to manage investments.
Singapore regulator wants new powers
The proposals would allow the Monetary Authority of Singapore (MAS) to enter targets’ premises without a court warrant.
