Alfred Liu
Stories by Alfred Liu
Asia wealth management hits snag with bankers in SG, HK stuck at home
The likes of UBS and JPMorgan have seen the growth of new money in Asia take a hit.
HSBC, Citi speed up digital push to ward off Asian virtual banking upstarts
Banks are seeing a surge in demand for digital services for everything from wealth management to insurance.
Coronavirus piques Asian investor interest in sustainable investing
UBS's 100% sustainable portfolio in Asia more than doubled to $1 billion in assets since the start of last year, with 60% of the investments coming
Investment bankers in Asia slowly head to work as Wall Street empties
While some deals are starting to get done, a surge in cases globally are putting major transactions on hold.
HSBC seeks to triple billionaire clients in Greater China push
Asia Pacific, led by China, had 754 billionaires in 2018, with $2.49 trillion of total wealth.
Asia’s stuck-at-home super-rich are driving a surge in trading activity
Citigroup, UBS and JPMorgan have seen a jump in trading this year as the virus roils markets.
HK’s digital-only lender ZA Bank has no plans to start price war
ZA Bank saw interest from 20,000 people as it offered deposit rates 4 percentage points higher than established lenders.
Nomura is hiring dozens of private bankers for Asia wealth drive
Nomura wants to almost double the number of relationship managers to 100 in three years, from 57 as of December.
Morgan Stanley to hire dozens in HK, Singapore to boost wealth business
The New York-based bank is looking to add 30 to 35 private bankers in the two cities this year.
HK’s new digital banks offer 6% introductory rate for deposits
ZA Bank Ltd began a pilot last month for the city’s first digital-only bank.