Wealth industry business sentiment weakens in Q2 2022
The macroeconomic conditions for 2022 have proven to be more volatile than most anticipated at the start of the year. Much of the hoped-for ‘reopening’ bounce…
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Citi’s plan to strengthen its commitment to wealth amidst consumer banking exit will be a challenge
Citi is closing out its consumer banking operations in 13 markets, but has declared that it plans to “double…
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ESG to drive cryptocurrency transformation
Cryptocurrencies, in particular bitcoin, have emerged as the investment phenomenon of the pandemic. However, they stand in stark contrast…
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Wells Fargo offshore exit offers substantial potential AuM
Wells Fargo announced early in January that it was exiting the offshore wealth management market to focus on US…
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COVID-19: A multi-channel experience is paramount for retention
The wealth management industry is undergoing a noteworthy digital transformation, but it is a two-sided coin. As the COVID-19…
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Robo-advice for sophisticated investors: We are not quite there yet
Demand from investors for automated or robo investment services has been on the rise globally. But to fully infiltrate…
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UOB’s robo-advisor extends reach with Singtel deal
Despite the turmoil occurring in the world, expansion and competitive activity in the robo-advice space has continued. As the…
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DBS’ goal to triple family office AuM is ambitious but achievable
DBS aims to triple its family office assets under management (AuM) by 2025. The goal is ambitious, but aided…
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HNW investors are chasing yield in riskier corners of the fixed income universe
Strong equity market volatility and low yields mean HNW investors are exploring riskier corners of the fixed income universe.…
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