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The private banking division of Standard Chartered is ramping up its presence in the UAE with a series of notable new hires in a move that underscores the region’s burgeoning wealth landscape. The bank has appointed Yahya Ismail as managing director and…
A former executive vice-chairman of global wealth management of UBS Switzerland joins HSBC as head of Switzerland and EMEA private banking. Gabriel Castello is joining HSBC in Zurich and Geneva in July and taking on a wide range of responsibilities at the…
New money is flooding private banks although it is not necessarily from millionaires. The catchphrase is potential. Last year was a record one for Swiss private banking, as one institute after another reported a historic high. There is a key metric that…
Standard Chartered has hired the former Singapore chief executive of J. Safra Sarasin to lead its South Asia private banking segment. Vinay Gandhi joins Standard Chartered as its regional head, ASEAN and global head, global South Asian community, private…
Deutsche Bank has hired a former HSBC executive as a managing director in its wealth management unit. Tse Yi-Mun joins Deutsche Bank Wealth Management as a managing director and group head for North Asia, according to a statement. Based in Singapore, she…
The bank has hired a new regional head to replace its outgoing regional head, Private Banking West. Standard Chartered has appointed Grant Parkinson as regional head of its private banking business for Europe, Africa, and the Middle East, the bank said in a…
In half a year, HSBC Private Banking has already raised over $500 million from Asia clients into private market investments including its Vision Private Equity 2019 fund. In addition to various other private equity and debt funds, Vision Private Equity 2019…
Another digital wealth manager is poised to enter the Singapore market. How does the newest entrant seek to grab market share off rivals? Kristal will launch in Singapore on Thursday, as reported. The city-state would be the wealth manager’s third market,…
