Siam Commercial Bank has partnered with the Singapore-based Wealth Management Institute to address rising demand for RMs.
Tag: Private Banking
Credit Suisse launches PB app in Hong Kong
After rolling out a wealth management app in Singapore, the bank has introduced it in Hong Kong with Chinese language.
China’s banks seek Hong Kong WM operations
Mid-tier Chinese banks plan to expand wealth management activities in Hong Kong to serve mainland HNWIs, industry players said.
UBP upbeat on Asia after Coutts acquisition
Despite private banks selling assets or cutting staff in Asia, Guy de Picciotto, CEO of Switzerland-based Union Bancaire Privee, said his bank plans to hire roughly 40 RMs and expand in China.
Hong Kong watch retailer to buy Liechtenstein private bank
The Liechtenstein-based private banking arm of Swiss firm Valartis Group is being sold to Hong Kong luxury watch retailer, Citychamp Watch & Jewellery Group.
Report: HK must expand distribution channels
The concentration of fund distribution channels in the banking sector could hamper Hong Kong’s ambition of becoming the world’s leading fund distribution centre, according to an official report.
AXA IM hire to expand private bank reach
The firm has appointed Kelly Ng as a director as it looks to expand its coverage of private banking and wealth managers in Asia.
HSBC to base Henry Lee in UK as global head of alts
Lee will move from Hong Kong to London as part of the promotion, according to several reports. He will continue with his current responsibilities as global head of discretionary investments for the private bank. He will also grow the bank’s alternatives business and embed the alternatives product portfolio – which includes hedge funds, real estate […]
Edmond de Rothschild’s Hong Kong CEO quits
The bank confirmed to Fund Selector Asia that Chan has resigned, but said she has not yet left the firm. No further details were disclosed.
Fidelity taps BlackRock’s Gan for heading SE Asia private bank distribution
At BlackRock, Gan was director and head of retail segment, Singapore. During her 14 years stint, she has also worked with Schroders in senior sales role. She holds strong relationships with retail and private banks in Singapore, Fidelity said. “Our business has been demonstrating strong growth momentum over the past 18 months,” said Mike Nikou, […]
