Newswire | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

Media, Events, Networking, Roundtable, Membership - Contact Us

Grow Your Clients, Business & AUM. Start in 24 hours.
List Services: HNW | Private Wealth | Family Office | Investment

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.

Caproasia Online Logo 1 Square 400 by 400Top Headlines in the Last 7 Days

(30th May – 5th Jun 2016)


No. 1 Pictet Names New Singapore CEO

Pictet has split the roles of Hong Kong and Asia CEO and has now replaced its new Singapore CEO. Dominique Jooris will be lined up to be the CEO for Pictet Bank in Singapore. He is a veteran of U.S investment bank Goldman Sachs where he was most recently head of capital markets in Asia.

Web links may be disabled on mobile for security.
Please click on desktop.

Do you manage $20 million to $30 billion?
Advise institutions, billionaires, UHNWs & HNWs?

Subscribe Caproasia
Delivered to your Inbox
Get Ahead in 60 Seconds. Organised for Success.
Join 10,000 + leading financial professionals, investment managers,
professional investors & advisors.
Links: Learn More | UHNW & HNW | Subscribe | Start Today

2022 Summer Subscribe Special | 15th July 2022
$180 Yearly | $380 Yearly (Full Price)
Individual, Team & Corporate Subscription

Grow Your Clients, Business & AUM. Start in 24 hours.
List Services: HNW | Private Wealth | Family Office | Investment

2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


No. 2 Credit Suisse to Close Panama Private Banking Office

Credit Suisse has confirmed that it will be closing its private banking operations in Panama. The news comes one month after the Panama Papers controversy. The Credit Suisse spokesperson said the closure of the bank’s Panama operations was a “streamlining” of activities in Latin America.

The Swiss bank wants to strengthen its presence in other Latin America countries such as Brazil and Mexico.


No. 3 RBC Wealth Management Asia Head Steps Down

Barend Janssens will step down as head of RBC Wealth Management Asia on 10th June 2016. He will be succeeded by Peter Corry, who is vice president of strategic initiatives and change management, finance. He will be based in Singapore and report to Stuart Rutledge, head of wealth management international.

RBC has also announced that its Asia wealth management business will be led overall by Stuart Rutledge.


No. 4 CTBC Private Bank Expands Team in Singapore

CTBC Private Bank has hired three relationship managers in Singapore ever since the start of this year. In May, the Taiwan based bank hired Richard Cheong from UOB Private Bank as a relationship manager.

Between March and April, the private bank also hired Cheng Xiufen, an investment consultant from Bank J Safra Sarasin and Jacky Poh, formerly with CIC, as relationship managers.


No. 5 UBP Investment Chief Leaves

Union Bancaire Privee’s investment chief in private bank is leaving the Swiss bank. Jean-Sylvain Perrig had been in the role for roughly two and a half years and has been with UBP since 2000. He will be replaced by Norman Villamin, currently Head of Investment Services and Treasury & Trading teams in Zurich.


No. 6 Former Singapore Government Official Joins Asian Family Office

Fusang, an Asian Family office has announced that Chan Heng Weng will be joining its board of directors. Chan is currently senior advisor in Singapore’s Ministry of Foreign Affairs and non resident High Commissioner to the People’s Republic of Bangladesh

Chan was previously managing director of international relations at Temasek International in Singapore and chief representative in China for Temasek Holdings.


No. 7 UBS Wealth Names New Chief Economist

UBS Wealth Management has announced that Paul Donovan will join its chief investment office as global chief economist. He comes from UBS Investment Bank, where he was the acting co head of UBS Investment Bank Economics.

He will coordinate the chief investment office’s regional economic views, take responsibility for its global economic views, and continue as a member of UBS WM’s global investment committee.


No. 8 Falcon Private Bank Elects New Member to its Board of Directors

Falcon Private Bank has elected H.E Khaled Balama AlTameemi as a new member of the Board of Directors, effective immediately.

Al Tameemi is executive director of the Real Estate Department at Abu Dhabi Investment Council and on the board of a number of entities, including the UAE central bank since 2008. His experience is expected to add emerging markets expertise to the bank.


No. 9 DBS Vickers Names New CEO to its Hong Kong Operations

Josephine Lam has been appointed to the role of CEO of DBS Vickers (Hong Kong). She succeeds Kevin Leung and will report to Sebastian Paredes, CEO of DBS Bank (Hong Kong) In the new role, Lam will oversee DBS Vickers’ corporate and retail sales business in Hong Kong, with responsibility for its strategic planning and overall development.

She was previously General Manager of Guoco Capital, where she helped revamp its brokerage platform for stocks, futures, structured products, fixed income and bullion.


No. 10 Bank of East Asia Exits Securities Business

The complete retail business of the bank’s East Asia Securities (EAS), a wholly owned subsidiary of BEA will close by 8th July 2016. This closure will result in approximately 180 redundancies.

Due to the increasing popularity of electronic and phone trading, which currently facilitates over 90 percent of EAS’s transactions, maintaining retail outlets to provide counter trading services has become very costly for EAS.


Credits: Finews Asia, Falcon Private Bank, Citywire


For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Sign Up / Contact Us

Caproasia | Get Ahead in 60 Seconds. Join 10,000 +

    Mailing List (Free)Subscribe 2022 Summer Promo $180 YearlySubscribe $380 YearlySubscribe $40 MonthlyAssociate Member $380Professional Member $680Executive Member $2,000Corporate Member

    Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights

    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014

    Web links may be disabled on mobile for security.
    Please click on desktop.

 | The leading financial website for investment managers, professional investors, UHNW & HNW investors and advisors to institutions, billionaires, UHNWs & HNWs.  Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

    Caproasia is a financial information technology co. founded in 2014. We have 4 businesses in Media, Information, Services and Technology. We created 3 solutions: Membership, Events & Platforms to drive investment decisions in Asia through information, services, technology & people, that impact economies, societies & people. Our Mission: Driving the future of Asia

    For 2022 Investment Day:
    For Family Office, Professional Investor, HNW Investor Events:
    For Membership, Events, Networking, Roundtable, Summits:
    For Investment Relations Network:
    For Platforms, Media Kit, Advertising, Campaigns, Partnerships:
    For press release:
    For all other enquiries:

    Caproasia Users
    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs
    • Learn More | Caproasia Users
    Caproasia Platforms | Join 10,000 Investors & Advisors Monthly Networking & Roundtables: Membership | Join a Powerful Network: Family Office Programs: Caproasia Summits: Special Coverage

    Previous article7 Shocking Deals that shake-up Private Banking in Asia
    Next article8 Reasons Why You Can Construct a Portfolio Wrongly