Tag: private banking

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

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

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.

Kamran Azim will take charge of RBC’s Asian wealth business, while Rene Buehlmann steps in to lead Franklin Templeton’s regional operations.

The two global firms are boosting their senior ranks in Hong Kong and Singapore to meet growing demand from Asia's wealthy investors.

A buoyant stock market and the successful integration of newly bought banking units propelled the wealth manager to double-digit growth.

The latest senior moves aim to strengthen traditional private banking and specialised timberland investments.

As more foreign professionals consider the city home, independent advisory firms jump at the chance to outsmart major private banks.

RBC, Atlas Capital and Barclays name senior private wealth leaders, as Amundi and Allspring update regional asset management desks.

Hong Kong's private banking and asset management sectors broke past records last year as massive cash poured in from mainland China and overseas.

RBC adds four senior private bankers to boost its wealth planning services in Hong Kong, as Value Partners executes a planned succession for its fixed income desk.