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

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Closing the generation gap in wealthy families

Studying how Asian families manage wealth from one generation to the next has led advisors to enhance how they work with high-net-worth families

     
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Did FTX collapse sound the death knell for crypto exchanges?

The collapse of cryptocurrency giant FTX in late 2022 sent shockwaves throughout the crypto world. Previously valued at $32 billion, FTX filed for bankruptcy in November and its former chief executive officer Sam Bankman-Fried faces criminal…

     
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Indian banks pivot to modernising core architecture

Growing transaction volumes are pushing Indian banks to rethink technology architecture to integrate cloud and data capabilities to meet growing transaction volumes. Indian fintechs and digital players see consumer growth, but also increased…

     
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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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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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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.