News

Barclays has launched a local private banking booking centre in Singapore to target Asia’s projected $5.8 trillion intergenerational wealth transfer.

Major wealth managers are doubling down on talent to capture accelerating ASEAN and Australasian wealth flows.

Dominique Boer will oversee the bank’s private wealth business across five Southeast Asian markets as UOB seeks to deepen its regional franchise.

The agreement will shift eligible local-currency investment accounts to TMBThanachart while opening a route for DBS to distribute global wealth products in the Thai market

The former Citi Private Bank strategist will lead the multi-family office’s investment function as Asian families seek more institutional portfolio capabilities

The firm has appointed two senior executives in Singapore to spearhead its artificial intelligence strategies and institutional offerings.

The structural revamp comes as private banks compete for the growing pool of international family assets.

The two European privately owned banks saw significant growth in net new assets, helping drive double-digit profit increases during the first six months of the year.

Female inheritors plan to steer 40% of their new capital into venture capital and private equity as they take control of family fortunes.

The French private bank has launched a new training camp for the Gen Z heirs of wealthy Asian families, seeking to address a growing anxiety over who will safely inherit the region's massive private fortunes.

Brookfield and Aberdeen are expanding their residential portfolios in Japan, betting on ongoing urbanisation to drive long-term value for foreign capital.

The global transition to green energy and artificial intelligence will keep inflation volatile and drive up borrowing costs, the Swiss private bank says in its latest 10-year outlook.