Private banking/Wealth management

China tax crackdown forces wealthy investors to assess their offshore trusts

Tax offices in major cities like Beijing have started to enforce taxation on returns from offshore insurance policies.

Courting the next generation: How wealth managers are keeping family business assets within the bank

Jerrome Ng (left) and Kenneth Yeow at UOB PriviGen, the bank’s programme for young family members of wealthy clients.

Singapore bankers, China-linked clients gear up for Beijing’s scrutiny of offshore trusts

On July 24, China’s Ministry of Finance and State Taxation Administration issued their clearest rules yet on taxation of offshore trusts.

S’pore banks’ Q2 earnings: DBS, OCBC shares could go higher; asset quality concerns resurface at UOB

Saxo chief investment strategist Charu Chanana said Singapore banks are becoming regional wealth platforms and are no longer simply a proxy for interest rates.

UOB to pay shareholders 88-cent interim dividend as Q2 profit rises 10% to $1.48 billion

Net profit for the three months to June 30 was $1.48 billion, up 10 per cent from $1.34 billion a year ago.

OCBC to pay 47-cent dividend as Q2 profit jumps 22% to $2.22 billion; shares cross $30 for the first time

Earnings for the quarter ended June 30 were $2.22 billion, up from $1.82 billion a year ago.

DBS declares dividends of 81 cents as Q2 profit beats forecast; shares hit new high of $75.80

DBS achieved record net profit of $3.08 billion for the second quarter of 2026, 9 per cent higher than a year ago.

Wall Street investment bankers’ bonuses to climb as deals surge

Stock traders and investment bankers are poised to pocket bonuses north of 15 per cent.

Singapore banks using AI to vet private banking clients, speed up onboarding

With its new HELIOS agentic AI platform, OCBC can open private banking accounts in 15 business days, compared with more than 30 days previously.

Assets under management in Singapore climb 10% to $6.7 trillion in 2025

Singapore now hosts 1,320 asset managers, up from 1,298 at the end of 2024.

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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.