SINGLE family offices (SFOs) in Asia Pacific tend to participate in private equity at a later stage, while their European counterparts, which have access to a more mature private market, are more likely to be involved in early stage funding.
SINGAPORE’S Wealth Management Institute (WMI) aims to enrol 5,000 participants into its family office programmes by 2025 in view of strong demand for capability building in the sector.
INCUMBENT banks in Singapore should focus on improving customer engagement as they begin to face competition from digital banks, industry watchers said.
IN Singapore, an individual looking to put up gold jewellery as collateral to borrow cash would typically go to a pawnbroker. In India, however, it is common to do this with a bank. Many of India’s banks offer so-called gold loans, to tap the large gold holdings of...
UOB and DBS are currently reviewing the interest rates on their fixed-rate home loans, with UOB temporarily ceasing its offering, after the Federal Reserve made <a href="https://www.businesstimes.com.sg/companies-markets/analysts-cautious-as-... target="_blank">another interest rate hike</a>.
MALAYSIA will not impose capital controls or peg the ringgit to the US dollar, the central bank said on Friday (Sep 23), as the currency trades near a 24-year low.
DBS wealth clients who are accredited investors can now trade cryptocurrencies via the bank’s mobile banking app DBS digibank.
DIGITAL banks have landed in Singapore, dangling higher interest rates, a free bag of rice and bonus NTUC LinkPoints in an effort to lure customers from incumbents.
NORTH America and China dominated wealth gains in 2021, with the former bringing in a little over half of the global growth in wealth and China adding another quarter.
DONALD MacDonald has spent 29 years working in the data and analytics field, 18 of them at OCBC.