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Private banking/Wealth management

DBS to open 2 new wealth centres in Singapore by end-2027 to better serve affluent customers

An artist’s impression of the waiting lounges in one of the upcoming wealth centres.
An artist’s impression of the waiting lounges in one of the upcoming wealth centres.

HK plans tax cuts on bonus pay to lure top fund managers, sources say

A change in how it taxes performance bonuses will put Hong Kong ahead of Singapore on tax certainty for carried interest.
A change in how it taxes performance bonuses will put Hong Kong ahead of Singapore on tax certainty for carried interest.

Hong Kong overtakes Switzerland as top offshore wealth hub

Hong Kong is aggressively pitching its low taxes, deep talent pool and booming capital markets to lure the ultra-wealthy.
Hong Kong is aggressively pitching its low taxes, deep talent pool and booming capital markets to lure the ultra-wealthy.

Singapore to shorten time for the rich to open private banking account as part of wealth push

Managing director of MAS Chia Der Jiun speaking at the UBS Asian Investment Conference Singapore Wealth Edition on May 25.
Managing director of MAS Chia Der Jiun speaking at the UBS Asian Investment Conference Singapore Wealth Edition on May 25.

Singapore ‘a major beneficiary’ as the wealthy move money out of troubled Gulf

Singapore’s gold imports from the UAE surged to a five-year high of 1,446kg in March.
Singapore’s gold imports from the UAE surged to a five-year high of 1,446kg in March.

OCBC steps up wealth management push in Hong Kong

OCBC Hong Kong's wealth income in 2026 is expected to grow five-fold from 2023 levels, said its Greater China head and chief executive Wang Ke.
OCBC Hong Kong's wealth income in 2026 is expected to grow five-fold from 2023 levels, said its Greater China head and chief executive Wang Ke.

Next-generation heirs prefer continuity in wealth advisory: UBS

Ms Young Jin Yee, co-head of UBS Global Wealth Management of Asia Pacific, and lead for next-generation Mr Conrad Huber, head of UBS GWM for Indonesia and Japan International.
Ms Young Jin Yee, co-head of UBS Global Wealth Management of Asia Pacific, and lead for next-generation Mr Conrad Huber, head of UBS GWM for Indonesia and Japan International.

OCBC’s wealth business drives Q1 profit up 5% to $1.97 billion, more than expected

OCBC saw record non-interest income, led by strong growth in wealth management.
OCBC saw record non-interest income, led by strong growth in wealth management.

How social media is creating fake rich people

Some content creators thrive by offering tips on how their followers can project wealth, even if they don’t have much money.
Some content creators thrive by offering tips on how their followers can project wealth, even if they don’t have much money.

Young heirs clash with founders over priorities, global family office study finds 

The study interviewed 200 people in the family office sector, spanning 16 jurisdictions including the Singapore, Hong Kong, US, UK and UAE.
The study interviewed 200 people in the family office sector, spanning 16 jurisdictions including the Singapore, Hong Kong, US, UK and UAE.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.