Wealth
Bernie Sanders and Ro Khanna propose bill to impose wealth tax on billionaires
Senator Bernie Sanders and Ro Khanna, a representative, on Monday introduced legislation that would impose a 5% annual wealth tax on America’s billionaires.The proposal, titled the make billionaires pay...
UBS to hire 50 HK wealth bankers after record revenue year
The Swiss bank, the largest private bank in Asia, hauled in US$62.5 billion of net new assets during 2025Published Mon, Feb 9, 2026 · 02:46 PM[HONG KONG] UBS Group...
Securities financing gains traction among Singapore players amid global demand, wealth inflows
While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say[SINGAPORE] More financial institutions in Singapore are eyeing the securities financing business, given increasing...
California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires. The...
Sovereign wealth funds join clamour for private credit in EMs
[LONDON] A record wave of private credit deals across emerging markets (EMs) looks set to extend this year, with a host of institutional and sovereign wealth investors seeking to...
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
The bank says this comes under the group’s global ‘ongoing simplification’ drive [SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review of HSBC Life,...
To be a wealth hub, Singapore must accept risk of rogue actors: Chee Hong Tat
MAS deputy chairman wants the Republic to be a place where entrepreneurs would bring their capital and talent[SINGAPORE] To achieve the goal of becoming a wealth management hub, Singapore...
Fujian gang, Prince Group money laundering incidents unlikely to dent Singapore’s appeal as wealth hub
MAS likely to go ahead with simplifying SFO tax incentive framework in face of rising competition [SINGAPORE] Singapore has risen to become one of the top wealth hubs globally...
