Assets sourced from family offices and trusts grew nearly 90% during the year.
Tag: Wealth Management
HSBC plans China wealth management hires
A recruitment drive in HSBC’s Asian wealth management business contrasts with massive cuts in the bank’s global workforce.
Credit Suisse faces $300m lawsuit in Singapore
Bidzina Ivanishvili is the biggest victim of a wealth manager who defrauded clients for nearly a decade.
Chinese investors in need of professional advice
Retail investors in the mainland tend to buy at highs and sell at lows, according to a report co-published by the World Economic Forum and Oliver Wyman.
Would ‘Google Wealth Management’ be a threat to the industry?
HNWIs in Asia-Pacific are most likely to adopt wealth management offerings from big tech firms.
Lu International gains HK licences
The subsidiary of China online wealth management firm Lufax can now tap Hong Kong retail customers after receiving regulatory approval.
Stan Chart reshuffles wealth unit
The bank has plucked a new global head of wealth management from Bank of Singapore to replace Didier von Daeniken.
Noah WM reports slight profit in 2019
A tough Q4 has impacted the NYSE-listed Chinese wealth management firm.
Standard Chartered launches WM tool
Clients now have quick access to relationship managers as the bank embeds a personalised function in its wealth management app.
Restructuring HSBC merges WM clients
A combined unit will address “the entire spectrum of private wealth, from retail clients to ultra high net worth”.
