Wealth Management

Liyen Wee takes spot as VP, head of wealth at Cohen & Steers

She will be headquartered in Singapore under David Conway’s management.

Liyen Wee takes spot as VP, head of wealth at Cohen & Steers

She will be headquartered in Singapore under David Conway’s management.

The majority of Singaporean and Hong Kong youth believe that financial advice-seeking is beneficial

The study reveals that family comes in third most reliable source of financial advice.

Weekly Global News Wrap: US floats stricter regional bank rules; Some China banks to cut mortgage rates

And Wells Fargo has agreed to return $40m in overcharged fees to 11,000 customers.

Check out how APAC family offices moved their investments in Q2

There was “moderate” client interest in longer-dated US Treasuries and perpetual bonds.

Hang Seng Bank opens two new cross-boundary wealth management centres

One is in Shenzhen and the other is in Tsim Sha Tsui.

StashAway, family office firm to offer clients with more investment options

ACP clients can invest in private equity managers such as KKR, SilverLake, and Khosla Ventures.

HSBC launches global private banking business in India

It will service clients with investable assets of over $2m.

Family offices spur growth of financial wealth in Singapore

There are now 800 family offices in the city, compared to only 100 five years ago.

End of cheap money era: Maybank’s Alvin Lee on investing in an era of wealth preservation, protectionism

Globalization is no longer the best strategy for banks if they wish to thrive in the new era of investing.

HSBC winding down wealth, personal banking business in New Zealand

The bank can no longer justify investing into this business, it said in a statement.

Citi Commercial Bank names head of corporate finance for ASEAN

Citi has also named a new country head for Citi Commercial Bank Malaysia.

HSBC names new South Asia head of wealth and personal banking

Kai Zhan g will be responsible for expanding wealth management across South Asia.

AlTi completes acquisition of SG-based AL Wealth Partners

This is in line with AlTi’s goal to assist SG’s growing clientele.