Singapore

Affluent clients in the region can unlock sophisticated and customised investment opportunities in the U.S.

Small firms can now build customised websites within 15 minutes.

And UniCredit Bank sells 17% stake in online broker FinecoBank.

Consumers can choose from a wide array of electricity, gas, water, broadband and TV service providers.

The move is part of its goal to grow its trade finance business which saw revenue growth of 20%.

The DBS CEO earlier echoed a similar stance.

In recent years, we have seen an influx of Asian money into countries like Singapore and Hong Kong. According to the recent World’s Billionaire’s list published by Forbes, Asia is home to 719 billionaires, approximately 32.65% of the world’s billionaires. The ultra-rich are starting to take a more hands on approach in the investment of their wealth and Family Offices are on the rise. At the end of 2018, Asia has nearly 500 Family Offices in Asia and this number is set to rise in 2019. Family Offices not only provide investment strategies, they also assist with diversification of the family’s business portfolio, dispute resolution, and succession planning.

Gupta, however, believed that they may not pose a significant threat.

It retrained over 500 employees and opened new roles including video biometrics specialists and live chat agents.

Housing loan limits granted in Q1 fell to its lowest since Q4 2015 around $5.36b.

The earning boost came from strong income figures which hit $1.77b.

Project Ubin was linked to Canada's experimental domestic payment network, Project Jasper.

The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.

Consumer loan growth slowed to just 0.3% in March.

And 300,000 users signed up for HSBC's new money management app.

The tripartite alliance aims to help Chinese firms expand to ASEAN.