All articles by Mabel Tan

Mabel Tan

Maybank set to launch five new private banking centres in 2013

Maybank is set to expand its high networth and affluent banking segment in Malaysia, with five new private banking centres and eight new lounges in the pipeline for 2013.

Singapore top destination choice for IMWIs

Singapore is the most desired place for internationally-mobile wealthy individuals (IMWI) to reside, due to the country’s high quality of life, political stability, modern infrastructure and education system, found a joint research by The Economist Intelligence Unit (EIU) and Royal Bank of Canada (RBC).

Huaxia Bank may face charges over selling unauthorised wealth products

Huaxia Bank has been held liable for the sale of unauthorised wealth management products issued by a third-party investment company, as analysts warn of such dangers facing the sector.

HSBC announces Ping An’s buyer

HSBC has agreed to sell its stake in China’s Ping An Insurance Group to Thai billionaire Dhanin Chearavanont, chairman and CEO of Charoen Pokphand, for $9.4bn, reaping a $2.6bn profit.

Vontobel, ANZ sign MoU to serve Asia-Pacific’s UHNW

Switzerland’s Vontobel has signed a memorandum of understanding (MoU) with Asia-Pacific bank ANZ to provide expertise in global investments, structured products and tools, client advisory and client processes to the private banking business of ANZ.

Credit Suisse slashes Singapore asset management roles

Credit Suisse has eliminated a number of roles in its asset management office in Singapore, after unveiling plans to merge its private banking and asset management divisions globally.

Women more risk-taking investors than men

Singaporean women are more risk risk-taking than their male counterparts when it comes to making investments, according to a new survey by Friends Provident International.