Press Release

HSBC Appoints Lok Yim as Regional Head of Global Private Banking, Asia Pacific

HSBC today announced the appointment of Lok Yim as Regional Head of Global Private Banking, Asia Pacific. Yim joins HSBC on a designated basis on 1 November and commences formally…

Efigence honored in Singapore for the CA24 Mobile App for Credit Agricole Bank Polska

In Singapore, the Global BankTech Awards 2023 honoured the Polish company Efigence, which is renowned for its innovative technological solutions in a variety of industries. The jury awarded them the…

Crisis-hit NatWest picks Haythornthwaite as chairman

LONDON, Sept 6 (Reuters) – NatWest (NWG.L) has chosen former Mastercard chairman Rick Haythornthwaite as its next chair, the bank said on Wednesday, as the British bank seeks to contain the fallout…

Northern Trust Appoints Head of Asset Servicing, Hong Kong

HONG KONG, 5 September 2023 – Northern Trust (Nasdaq: NTRS) has appointed Aisling Keane as head of Asset Servicing, Hong Kong, effective 4 September 2023. In the newly created role, Keane will lead Northern Trust’s asset servicing business…

Peapack Private Hires James McKenna, Senior Managing Director, Commercial Private Banker

BEDMINSTER, NJ, Aug. 30, 2023 (GLOBE NEWSWIRE)  – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, announce the appointment of James McKenna as Senior…

Alipay+ Partners PayNet to Promote Seamless Payment for Inbound and Outbound Malaysian Travellers

The partnership will expand cross-border payment acceptance at 1.8 million merchants in Malaysia with five leading Asian e-wallets as the first batch, anymore to come in the following months The…

HSBC announces ETF Platform Solutions

(London) – HSBC announced today the launch of ETF Platform Solutions – its new end-to-end platform for providing asset servicing solutions to ETF issuers globally. Under a single offering, ETF…

ADCB collects four awards from The Digital Banker for its corporate banking platform

Abu Dhabi, August 2023: In recognition of its regional leadership in corporate banking, Abu Dhabi Commercial Bank (ADCB) was commended in four categories; “Best Mobile App for Corporates”, “Highly Acclaimed…

Central Retail joins forces with Ant Group to launch Alipay+, delivering seamless digital payment services for Asian travellers in Thailand

Singapore, August 14, 2023 – Central Retail Corporation or CRC joins forces with Ant Group to launch Alipay+ at its stores, providing comprehensive services for international digital payments to enhance convenience…

Citi Completes Sale of Taiwan Consumer Businesses – Eight Total Divestitures Completed as part of Citi’s Strategy Refresh

TAIPEI – Citi announced today it has successfully completed the sale and full migration of its Taiwan consumer businesses to DBS. The sale, which was announced in January 2022, includes…

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                  The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

                  COVID-19
                  Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

                  Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

                  The Global Private Banking Innovation Awards will recognise the world’s best private banks, wealth managers and asset managers that are championing innovation across advisory, service, products, customer experience and more.

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