Joseph Poon has left UBS Wealth Management to serve as regional head of Southeast Asia for DBS Private Bank.
Tag: Wealth Management
Thai bank signs Singapore pact to train RMs
Siam Commercial Bank has partnered with the Singapore-based Wealth Management Institute to address rising demand for RMs.
Survey: WM way behind digital trend
Wealth management is one of the least tech-literate sectors of the financial services industry, and is falling well behind non-financial services industries, according to a PWC report.
Mainland investors warm to offshore products
Downward pressure on the RMB and A-share volatility are prompting China’s investors to diversify their assets, said David Leung, head of wealth management at Standard Chartered Bank in China.
Investec WM opens in Hong Kong
Investec Wealth and Investment has set up its first wealth management office in Asia, said Catherine Kirchmann, head of Hong Kong and divisional director.
Vontobel WM hires another from CTBC Bank
The firm has made a second senior level wealth management appointment in Hong Kong.
OCBC to buy Asia WM business of Barclays
After much speculation, the acquisition has been announced and it will be done via OCBC’s wholly-owned private banking unit Bank of Singapore.
The wealth manager and dollar cost averaging
Negative performance could actually raise returns in the long run, but wealth managers are up against the human tendency to want only consistent capital appreciation.
Returns on China’s WM products to shrink
A lack of quality investment targets will pose a challenge for Chinese wealth managers this year, a new report by Cerulli Associates said.
Making profits or avoiding losses?
The psychology of risk aversion is the hardest thing for wealth managers to overcome.
