wealth
Hong Kong’s private wealth assets rise for first time since 2020
[ad_1] HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual growth since 2020, according to a report released...
Wealth hubs go on charm offensive to lure UK super-rich
[ad_1] THE Jumeirah hotel in London’s Knightsbridge has rooms at more than £6,000 (S$10,185) a night, with marble bathrooms, private dining rooms and panoramic views. It showcases some of the...
Strong wealth segment likely to boost Q3 earnings at Singapore banks: analysts
[ad_1] They expect local lenders to continue posting stable results amid lower net interest marginsSTRONG wealth management fees are likely to have continued boosting earnings at the three local banks...
Manulife cuts 2.5% of staff in wealth and asset management unit
[ad_1] Manulife Financial has cut hundreds of jobs in its global wealth and asset management business, representing about 2.5 per cent of the division’s staff. The move was made “in an...
Bernard Arnault’s US$37 billion wealth loss comes as luxury dims in China
[ad_1] EIGHTEEN months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest person.Fast forward to Wednesday (Oct 16) and...
Morgan Stanley widens gap as banks’ wealth units add US$5 trillion
[ad_1] MORGAN Stanley’s record quarter in wealth management capped a banner period for one of Wall Street’s most-profitable businesses.
Client assets at retail brokerage Charles Schwab and the wealth arms...
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