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HSBC Life expands suite with protection and legacy solutions

HSBC Life Singapore has introduced two new insurance products to help people in Singapore manage longer lifespans and evolving financial needs, offering flexible protection and legacy planning options that adapt…

Danske Bank targets affluent clients with new wealth management investment

Danske Bank is making its largest-ever wealth management investment with Butterfly™, a new advisory solution that combines its investment expertise with BlackRock’s Aladdin Wealth™ platform to deliver more proactive and…

DBS and Citi introduce instant 24/7 USD cross-border payments via tokenised deposits

Tokenised deposits are now enabling instant cross-border payments, signalling the next phase of tokenisation’s adoption in global banking. Companies conducting US dollar transactions across multiple markets and time zones can…

More Asian banks moving from tokenisation pilots to live transaction

Banks across Asia are accelerating the adoption of tokenisation, with new live transactions in Singapore and Malaysia suggesting the technology is moving beyond proof-of-concepts into core payment and capital market…

Royal Bank of Canada establishes Global Transaction Banking

Royal Bank of Canada (RBC) has established Global Transaction Banking (GTB) as a unified global business, advancing RBC’s role as a globally connected bank providing trusted expertise to help clients…

APAC companies wait 79 days on average to receive payment as cashflow pressures persist

Companies across Asia Pacific continue to wait an average of 79 days to receive payment for goods and services delivered, against the backdrop of elevated financing costs, according to a…

Boost launches Boost SME to bring digital banking, payments and financing together

Regional fintech player and digital bank Boost which is owned by Malaysia based Axiata Group Berhad has launched Boost SME, a fully digital business banking platform that brings together digital…

More affluent and high-net-worth investors in Asia turning to AI – HSBC survey

A new survey by HSBC and Ipsos shows artificial intelligence (AI) has become a widely used tool among affluent and high-net-worth investors across 10 markets in Asia. According to the…

HSBC posts 23% rise in first-half profit as wealth business drives growth

HSBC reported a strong rebound in second-quarter 2026 earnings, with profit before tax rising 60% quarter-on-quarter to US$10.1 billion, driven by stronger banking net interest income (NII), higher wealth management…

Wise connects directly to Malaysia’s PayNet national payments network

Global financial technology platform Wise now has direct access to Malaysiaʼs national payments infrastructure, operated by Payments Network Malaysia (PayNet), enabling its users to make payments via DuitNowQR and even…

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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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