Singapore’s banking sector, including wealth management, poses the highest money laundering risk in the city state, the government said in a money laundering risk assessment report published on Thursday. Banks …
VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into …
The Middle East and Indonesia are the next targets for Hong Kong to attract family offices, but more needs to be done to bolster the city’s status as a global …
HSBC aims to strengthen the ties between its Hong Kong and Singapore wealth management teams to enhance cross-selling and sharpen their focus on winning more high-net-worth clients and family offices, …
Zhu, whose family is from mainland China, has spent a lot of time making investments in New York and some years ago set up a similar foundation in the US …
Their allocation to developed-market bonds increased by the most in five years to 16 per cent, which reintroduced a greater balance between fixed income and equities, said Cavalli. “This was …
The removal of property curbs, a stock market rebound and growing opportunities in the Greater Bay Area are attracting an increasing number of family offices to Hong Kong, according to …
Officials are planning another visit to the Middle East in a bid to attract family offices to Hong Kong, the government has said, stressing that such wealth management firms do …
A few years ago, 16 Hong Kong family offices contributed US$50 million to the initial capital of a private credit fund established by Chicago-based Adams Street Partners. Since then, the …
Citigroup will expand its wealth management business in the Greater Bay Area and rest of Asia from its base in Hong Kong, according to its global wealth head. The US …