Banking & Private Wealth Management Blog

Coutts Helps Bring Healing Power Of Cricket To Rwanda

A cricket club of Coutts hopes to raise more than 20,000 to build a stadium for the game in Kigali, Rwanda, aiming to harness …

Banks, Wealth Managers Must Harvest Client Data To Prosper In Digital Era

Private banks and advisors must use data to fully-understand clients' needs in order to effectively tailor financial advice …

Temenos hires FinTech heavyhitter for Marketplace

Temenos has announced Duena Blomstrom as Chief Growth Officer for Marketplace, its online store of 100+ FinTech solutions …

Temenos sunsets Trinovus core banking software business

As Temenos is now setting its sights on US banks and FIs with assets over $1 billion, smaller community banks using Trinovus’ …

HSBC Private Banking Says Forms "Strategic Partnership" With Fund, ETF Groups

HSBC Private Banking today said it has formed a strategic partnership programme with selected fund management and exchange …

Indosuez Wealth Management hires senior banker in Hong Kong

In line with Indosuez Wealth Management’s focus on organic growth, the bank has hired Ezena Mok in Hong Kong as senior director.

DBS, BOS shift to fast gear as private banks power ahead in Asia

THE private banking business in Asia is firing on all pistons, and increasingly, Singapore's champions DBS and OCBC are among …

Embattled CBA chief Ian Narev to stand down amid money laundering scandal

The Commonwealth Bank has announced that CEO Ian Narev will retire by June 2018, as a money laundering scandal engulfs Australia’s …

US-Based Fintech Continues Global Wealth Management Drive

US-based fintech firm InvestCloud has partnered with Asian robo-advisory platform provider WeInvest, adding to a number of …

Australia Freezes Assets Of Investment Manager Amid Investigation

An Australian court has frozen the assets of an investment manager and several affiliated parties after the country's financial …

SocGen Spends "Over $1 Billion" To Avoid Day In Court

French banking group Societe Generale has signed a confidential settlement agreement with the Libyan Investment Authority (…

UBS breaks ranks with push for mid-tier Asian millionaires

UBS Group AG plans to hire about 100 wealth management client advisors over the next two years in Hong Kong, the biggest wealth …

HK judge sees 'unbridled greed' behind DBS private-wealth dispute

DBS Group Holdings lost part of a case over losses on millions of dollars of investments for the family trust of a wealthy …

Malaysia-Based Financial Group Wins Brand Of The Year Prize

Malaysia's Maybank, which provides services including wealth management, lifted the Brand of the Year award for the third …

Singpore, HK wealth managers may have to disclose fund fees

Both Hong Kong and Singapore are set to launch new disclosure rules for wealth managers regarding what they are paid by funds …

France's Biggest Bank, AXA IM Look To Break Fresh Ground With Blockchain

BNP Paribas is partnering with AXA Investment Managers to develop a blockchain-based solution for fund distribution, in the …

Former EFG Chief Executive In Singapore Makes Comeback In Hong Kong

Swiss-based private bank EFG International has re-hired Kees Stoute to become business head in North Asia based in Hong Kong

Al Khaliji UAE goes live on Temenos core banking system

The UAE operations of Al Khaliji have gone live on Temenos’ T24 core banking system. Al Khaliji has branches in Abu Dhabi, …

Nick Kalikajaros 2017