Private banking/Wealth management

Singapore tops list of most expensive cities for the rich for 4th year running

As wealth becomes more global and complex, ultra-rich families are placing greater emphasis on how and where their assets and structures are set up, particularly for tax, succession and governance purposes.

OCBC rolls out AI avatars, to hire 600 more relationship managers amid wealth push

OCBC group chief executive Tan Teck Long at the unveiling of OCBC WoW, which the bank says is South-east Asia’s first AI-native mobile banking app.

Singapore’s US-dollar millionaires rise to 244,000 as global personal wealth hits record high: UBS

Singapore’s average wealth per adult reached US$527,217 in 2025, according to the latest UBS Global Wealth Report.

S’pore fintech Arki Finance gets MAS licence, targets mass affluent investors

Arki Finance is planning its public launch here later in 2026.

Citibank Singapore to expand offerings for wealthy clients, tap AI as competition heats up

Yeo Wenxian, Head of Wealth for Asia South and CEO of Citibank Singapore, at the company’s office in Orchard on April 27, 2026.

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.

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.

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.

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.

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.

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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.