Private banking/Wealth management

Former top Swiss private banker Pierre Mirabaud convicted of corruption

Pierre Mirabaud, 77, admitted paying tens of millions of francs in bribes to a now deceased Kuwaiti government official in exchange for bringing business to Swiss private bank Mirabaud & Cie.

Barclays aims to more than double banker headcount in Singapore private banking operations by 2030

The centre combines local booking capabilities in Singapore with connectivity to Barclays’ international booking centres.

Meet the humans behind ‘Wendy and Wayne’, OCBC’s wealth avatars

Digital faces of the OCBC WoW app, Terissa Chang and Ethan Peh have become minor celebrities overnight after the beta version was rolled out to a select group of users for testing in July.

Pay and perks: How banks in Singapore compete for wealth management talent

It has been a busy year for wealth management as banks, both local and foreign, race to strengthen their franchises by building larger teams to serve affluent and high-net-worth clients.

DBS rolls out career advisory service to help employees navigate AI-driven change

The new service provides employees with an avenue, beyond DBS’ existing self-service AI-career development tools, to seek counsel amid workplace changes.

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.

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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.