Tag
Authorities in Singapore appear to be kicking it up a notch, as they round up more individuals and entities for their involvement in a S$3 billion money laundering scandal unveiled in…
Singapore must be willing to take some risks to capture new wealth management opportunities, but still maintain high standards of a stable, trusted environment, said Chee Hong Tat,…
HSBC Holdings is ramping up growth plans for its UK wealth management operations as Europe’s largest bank seeks to double the assets it oversees for well-heeled individuals in its home…
BNP Paribas said Hong Kong’s boom in initial public offerings (IPOs) is adding further momentum to its Asia wealth business after a 20 per cent rise in revenue in the first half of the…
By 2026, an estimated 21 per cent of Singapore’s population will be aged 65 and above, making it a “super-aged” society. This is a rise from the current 17 to 18 per cent. Such a…
The Kuwait Investment Authority (KIA) was the undisclosed shareholder behind the HK$26.8 billion (S$4.3 billion) sale of a stake in insurer AIA Group, sources with knowledge of the…
South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial intelligence…
In many ways, the world is a much friendlier place for members of the LGBTQ+ community on this, the 56th anniversary of the Stonewall uprising, than it was a lifetime ago. But that doesn’t…
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 HSBC Global Private Banking has appointed a new regional head of wealth…
As Singapore reaches its 60th birthday, Morgan Stanley said the city-state is “primed for wealth creation”. That could unlock real gains for investors, the investment bank said in a report…
As Singapore reaches its 60th birthday, Morgan Stanley said the city-state is “primed for wealth creation”. That could unlock real gains for investors, the investment bank said in a report…
China’s sovereign wealth fund has pulled its planned sale of US$1 billion in US fund stakes tied to some of the biggest names in private equity. Earlier this year, China Investment…
On Tuesday, June 24, The New Republic hosted a special live event: “Where the Money Is: America’s Obscene Wealth Gap,” a conversation among TNR staff and contributing writers about extreme…
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets Indonesian sovereign wealth fund Danantara…
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets Indonesian sovereign wealth fund Danantara…
HSBC announced on Friday (Jun 20) that it has appointed Ishan Sarkar as the bank’s new head of wealth and premier solutions (WPS). He will be based in Singapore and assume the new role on…
Earlier this year, I learned that Elon Musk, Jeff Bezos, and Mark Zuckerberg were all now worth something well north of $200 billion. The news item I encountered noted that in all three…
The New Republic recently commissioned a poll asking Americans for their opinions on wealth distribution in the United States. In short, we found that people feel strongly that the…
The demographic breakdown on these questions is revealing, particularly when it comes to partisan affiliation: 56 percent of Republicans think the top 0.1 percent should own 20 percent or…
The group has over 745 billion rupees in assets across alternative investment funds, portfolio management services and private wealth Blackstone’s ASK Group plans to hire 70…
The closure comes four years after Nomura announced the opening of the office in late 2021, when it was pushing to expand in areas that are home to rich Chinese. Nomura Holdings is…
Annecy main comoetition contender “Death Does Not Exist” is a political film. And Quebec director Félix Dufour-Laperrière isn’t afraid to admit it. “There’s urgency to redistribute wealth.…
Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg. The sovereign wealth fund is said to be in…
Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the growing offshore Chinese wealth in the…
