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.

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 ...

A former private banker from Santander has joined UBP as a market head for the Middle East. UBP has appointed Antony Avinash Louis as market head for the Middle East, according to a statement. Based ...

The wealth and asset management arm of Manulife has appointed a former private banker from Citi to lead its Asia business. Manulife Wealth and Asset Management (WAM) has appointed Fabio Fontainha as ...

US banking giant Morgan Stanley has inaugurated its new Southeast Asia headquarters in Singapore. Morgan Stanley has officially opened its new Southeast Asia headquarters in Singapore, according to a ...

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 ...

Succession planning is the leading topic being spotlighted amongst the wealthy, according to a report by Julius Baer, with the trend of forming family offices in Asia to address the issue. Across all ...

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 ...

Switzerland remains one of the world’s most attractive destinations for globally active high net worth entrepreneurs. This is according to a survey conducted by HSBC among its wealth management ...

Artificial intelligence is transforming the healthcare industry, although for now the mega caps are the ones benefiting the most from its deployment. These giant companies have the resources, the data ...

Return on investments in artificial intelligence remains limited. However, the gap between revenue and capital expenditures is closing with monetization potentially occurring in 2026, according to UBS ...

The country launches a package of tax incentives and creates a special financial zone in the long moribund Forest City development. Across Asia, Forest City's name has become synonymous with that of a ...