Banking & Fintech.
HLB Private Bank, Lombard Odier Launch Multi-Asset Fund
The wholesale HLB Chief Investment Office Fund will serve as a core component for client portfolios, drawing on global research and regional client insights.
DBS, Avaloq Boost Wealth Tech Partnership for S$1 Trillion Goal
Singapore's DBS Bank aims to reach S$1 trillion in retail and wealth assets by 2030, deepening its 18-year technology alliance with Avaloq to develop new capabilities.
StashAway First Investment Platform in yuu Rewards Club
Over two million yuu members in Singapore can now accrue points and vouchers for consistent investments through the platform.
StashAway Names Nandini Joshi CEO, Ferrario Becomes Chairman
Singapore-based digital wealth platform StashAway has appointed Nandini Joshi as its new Group Chief Executive Officer, succeeding co-founder Michele Ferrario, who transitions to chairman after nine years.
Hong Kong University Launches Wealth Academy Amid Talent Demand
The University of Hong Kong Business School has established a new wealth management academy. This initiative seeks to train professionals for Hong Kong's expanding private-wealth industry. The city recently surpassed Switzerland in cross-border wealth management.
India NCDRC: Insurers Can Surrender Loan-Assigned Policies
India's top consumer body ruled life insurers may surrender policies assigned to banks as loan security if loans default, without policyholder consent.
Prudential Buys Back US$300 Million in Shares as Profit Growth Slows
British insurer Prudential announced a US$300 million share buy-back. New business profit growth slowed to 8% in H1, raising concerns over Hong Kong's mainland visitor impact.
Philippine Life Insurers Net P21.42 Billion, Assets Exceed P2 Trillion
The Philippines' life insurance sector reported a P21.42 billion net income for the first half of 2026. This 3.4 percent rise comes as total industry assets surpassed P2 trillion, according to the Insurance Commission. Premium collections also saw significant growth.
AIA Group First-Half Profit Rises 11% on Hong Kong, China Sales
AIA Group reported an 11% increase in first-half operating profit, reaching US$4.16 billion. Strong sales in Hong Kong and mainland China, plus Southeast Asian expansion, drove the results.