Wealth Management

CIMB launches Private Wealth segment

CIMB launches Private Wealth segment

It will offer protection, lending, and investment products to affluent ASEAN customers.

DBS bets on AI to break advice bottleneck

Faster preparation could widen client coverage, but portfolio suitability remains the industry’s hard limit.

Schroders Wealth names Peter Flavel as Asia chair

Flavel was chief executive of Coutts and was CEO of J.P. Morgan Private Wealth in Asia.

AI gains ground with Singapore wealthy but advisors stay central: HSBC

After using AI, nearly 4 in 5 will bring their findings to an advisor for reassurance.

Hang Seng Bank launches Prestige Club

Members get privileges and discounts in Hainan Airlines, China Mobile, amongst others.

HSBC appoints Nick Elias to lead wealth AI push

Elias will helm HSBC’s Wealth Transformation Programme.

APAC wealth grows 5.9% but trails global pace as EMEA surges

Global wealth hit its fastest growth since 2017 at 10.8% as APAC lagged at half that rate.

China's affluent household wealth hits $21.34t as succession wave looms

Beijing, Shanghai and Hong Kong rank as the top three cities with the richest households.

Mizuho net income climbs to $8.2b in fiscal 2025

Basic income per common share increased to $2.89 from $1.45.

Banks must ditch one-size-fits-all as HNW and affluent clients diverge

HNWIs prefer in-person changes, whilst affluent clients favor self-service channels.

What can Asian wealth managers learn from Europe's affluent shift?

Advisors must be life planners and not just portfolio managers, McKinsey’s survey found.

Maybank arms relationship managers with new AI advisory tools

Advisor Assist gives insights, portfolio risk analytics, and next action recommendations.

Thai banks target $31b wealth market as lending slows

CGSI expects wealth services to become more important over the next three years.

Hong Kong banks urged to capitalise gold potential

Hong Kong is uniquely positioned in Asia to integrate the entire end-to-end gold ecosystem, says KPMG.

Singapore banks reel in $59b new HNW wealth in 2025

DBS and OCBC wealth management fees surged in Q1 2026.

How could China's investment curbs shift wealth between Singapore and Hong Kong?

Rules taking effect on 1 July allow reviews of deals tied to national security.