HSBC Singapore hiring will add more than 200 employees across artificial intelligence and wealth management as the lender expands two businesses central to its Asian growth strategy. HSBC plans to recruit more than 100 AI specialists and a further 100 wealth managers. A new Singapore AI centre is expected to open during the second half of 2026, with roles spanning natural language processing, data science, AI governance and human-centred design. The centre will focus on perso

RBC Wealth Management Asia has appointed six senior private bankers across Hong Kong and Singapore as competition intensifies for experienced relationship managers serving wealthy Asian clients. In Hong Kong, the firm appointed Ivy Ma as executive director, Jackson Huang as director and Malcolm Chai as associate director. Ma joins from Standard Chartered, while Huang previously worked at Bank J. Safra Sarasin, DBS, Julius Baer and Goldman Sachs. Chai arrives from UBS. In Sing

The Asia private equity industry is confronting an acute shortage of experienced portfolio company executives, creating new challenges as fundraising accelerates and investors place greater emphasis on operational value creation. Preqin data showed that the ten largest Asia-focused private equity funds closed during the first half of 2026 raised USD45.5bn, more than double the comparable period a year earlier. However, firms are increasingly finding it difficult to recruit ch

UOB Private Bank Hong Kong has appointed Judy Chan as managing director for Hong Kong as the Singapore-based lender continues expanding its wealth management capabilities across Asia. Effective from July 2026, Chan will oversee client coverage, team leadership and the delivery of wealth solutions for high-net-worth individuals while strengthening client engagement and the bank's presence in Hong Kong. She will report to Chew Mun Yew, head of Group Private Bank. Chan brings ne

Deutsche Bank Southeast Asia has strengthened its private banking leadership by appointing veteran wealth manager Jennifer Tay as vice chairman for Southeast Asia, reinforcing the bank's regional expansion strategy amid rising demand for wealth management services. Tay will join on 3 August and report to Johanes Oeni, head of Southeast Asia for Deutsche Bank's Private Bank. She arrives from Citibank, where she spent more than 20 years, most recently serving as market executiv