Private banks across the board are exploring how to leverage artificial intelligence to improve business efficiency and client experience. Not all relationship managers are safe from disruption.

A former Deutsche Bank executive has joined CBRE and will later relocate to its Singapore office. Macdonald has extensive experience in M&A, financing and capital markets in the region. He joins from ...

Wealth management clients' preference for Hong Kong as their hub of choice fell in 2024 with political risk cited as the top concern, according to a PWMA report. In 2023, 36 percent of respondents ...

An asset management veteran in Singapore has joined Franklin Templeton’s global executive committee. Franklin Templeton has appointed Manraj Sekhon to its global executive committee, according to a ...

The investment management arm of Allianz has appointed a chief investment officer for Asia Pacific equities. Allianz Global Investors has appointed Wilfred Sit as chief investment officer (CIO) equity ...

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The Singapore unit of insurer Prudential has announced two C-suite appointments. Prudential Singapore has appointed Jackie Chew as chief operations officer, according to a LinkedIn post. She has been ...

The private banking arm of Citi has appointed a managing director overseeing several markets in Southeast Asia, finews.asia has learned. Tay has worked at Citi Private Bank since 1997. Prior to her ...

GenAI is already helping criminals circumvent standard CDD and KYC practices. The tried-and-tested process of keeping soft and hard copies of a private banking client’s passport or ID card for ...

Insurer AIA is preparing to launch yet another branch in mainland China as part of its ongoing onshore expansion. AIA has received approval from China's National Financial Regulatory Administration ...

Fortrec Chemicals, a Singapore-based commodity firm specializing in crude oil and petrochemical products, is expanding into Europe. To that end, it is establishing a joint venture with Swiss trading ...

In a first, the Singapore-based bank's net profit crosses the S$3 billion threshold as it benefits from fee income performance, particularly in its wealth management business. The DBS group indicated ...