Business
Goldman rakes in record wealth revenue from ultra-rich in Asia
GOLDMAN Sachs’s revenue from its Asia-Pacific wealth unit hit a record last year as ultra-rich clients turned to the bank to navigate…
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wealth
Business
Apollo to boost staffing for Japan and Asia wealth, top regional executive says
APOLLO Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global…
Business
Morgan Stanley to hire more Asia wealth relationship managers
MORGAN Stanley’s Asia wealth chief is looking to boost the number of staff dealing with its richest customers as the US lender pushes…
Business
HSBC appoints Citi veteran as its new head of international wealth hub for Singapore
HSBC has appointed 22-year veteran Jil Chin as its new head of international wealth hub for Singapore, as the company leads efforts to…
Business
Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025
SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts…
Business
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of…
Business
The battle of the wealth hubs: Singapore, Dubai and Hong Kong
Asian financial hubs emerge as strong contenders in a global wealth migration wave Source link
Business
UBS reorganises US wealth management unit in growth push
UBS Group made organisational changes to its wealth-management unit in the US as it seeks to lift profitability in a market that’s central…
Business
China mulls moving Cinda stake to sovereign wealth fund in weeks
THE Chinese government plans to transfer ownership in one of the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund…