Singapore-based UOB is boosting its commitment to Vietnam with a fresh capital injection and new headquarters. UOB will increase the charter capital of its Vietnam subsidiary to 10 trillion Vietnamese ...

Dubai-based Mashreq inked a partnership with Goldman Sachs Asset Management to expand its offering to wealth clients. Mashreq has formed a partnership with Goldman Sachs Asset Management (GSAM) to ...

The potential in wealth and asset management is huge, but it always seems to be just out of reach. The dark art of tokenization. It is kind of like securitization, but then it isn’t. The closest ...

The MAS tells parliament it will not add additional governance requirements and compliance controls to family-controlled entities benefiting from tax incentives. The new family office scandal sweeping ...

Asia’s top private banks posted a second consecutive year of growth in assets under management to reach a record-high of over $2 trillion in 2024, according to finews.asia's annual Private Banking AUM ...

A veteran with over 30 years of experience has been named as Citi’s new head of markets for Japan. Hoshino has over 30 years of experience in markets trading globally and first joined Citi in 2019 as ...

A London-based European private equity firm is expanding its Asia operations with the opening of a new office in Singapore. Inflexion is opening a new office in Singapore and has appointed Shane Gong ...

British-domiciled insurer Prudential has introduced an enhanced offering aimed at high net worth individuals in Singapore. Prudential Singapore has launched «Prudential Wealth Suite» – an exclusive ...

Swiss bank UBS is strengthening its presence in China after receiving regulatory approval to fully acquire a local securities firm. UBS will acquire an additional 33 percent stake in UBS Securities ...

Insurance companies in Asia expressed high interest in illiquid assets, according to a survey by Goldman Sachs Asset Management, most notably in private credit. Similar to 2024, insurers in Asia ...

An asset management subsidiary of Singapore state-owned Temasek has opened a new office in Abu Dhabi. Seviora Group has opened a new office in Abu Dhabi Global Market (ADGM), according to a statement.

While geopolitics is cited as a leading megatrend, wealthy individuals in Hong Kong and Singapore remain confident that local and US equities will end the year on a positive note. More than half of ...