Articles and opinions by Richard Hartung. Click here for profile.

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Chinese private banks strengthen philanthropic planning services in line with…

Chinese private banks are upgrading philanthropic planning services to cater to increased demand following the country’s ‘common prosperity’ policy

     
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wCBDC payments edge closer to reality but not without considerations

Central banks worldwide increasingly recognise the benefits of wholesale central bank digital currencies (wCBDCs) in making remittances and other cross-border transactions cheaper, faster and safer. Pilot projects set in motion seek to…

     
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SEA digital wallets to grow by 17% CAGR until 2025, boosted by e-commerce

Digital wallets are driving a transformation of financial services around the world. The gross transaction value of all platforms in Southeast Asia grew by 9% in 2021. E-commerce is believed to be leading the charge, with the compound annual…

     
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Chinese banks end robo-advisory services amid increased scrutiny

China Merchant Bank (CMB), Industrial and Commercial Bank of China (ICBC) and other major Chinese commercial banks have stopped robo-advisory services in response to increased regulatory scrutiny.

     
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Ding Hemu, founder of China sports-wear giant Anta takes village charity nationwide

Consistent giving through the years to his hometown of Jinjiang in China’s southern province of Fujian reveals the salt-of-the-earth generosity of Anta founder.

     
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COP27 has little direct effect on HNWIs

Many HNWIs took action after COP26 to reduce the effect of climate change, but despite the expectation that more will be done, COP27 failed to deliver.

     
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External asset managers offer choice to wealthy families in Singapore

Singapore has set its eyes on being a family office hub on the global stage. T. Mandy Tham, Esther Kong, Juliana Koh of the Business Families Institute at Singapore Management University explores the development of external asset managers…

     
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Empowering next-generation family leaders

Founding academic director of Business Families Institute, Annie Koh, and its current academic director, Kenneth Goh, discussed the trends shaping Asia’s leading business families and how BFI supports their growth and creation of impact.