wealth management
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OCBC raises war buffers despite record wealth income in Q1
Singapore’s OCBC reported a 5 percent rise in Q1 profit, driven by record wealth management fees, while setting aside S$191 million in allowances due to Middle East tensions.
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New Tax Realities: From Superannuation to Millionaire Levies
As Australia passes Division 296 superannuation reforms and Washington introduces a new millionaire’s tax, high-net-worth individuals and professional organizations are recalibrating their financial strategies.
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AMP Shares Plunge Despite Robust 2025 Financial Performance
AMP Limited’s stock fell by nearly 30% on February 12, 2026, immediately following the announcement of a 21% increase in underlying net profit for the second half of 2025, sparking investor concerns over future growth.
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Ameriprise Makes Strategic Hire, Adds $140 Million in Assets
The competitive landscape of financial advisory services is constantly evolving, driven by technological advancements, shifting demographics, and changing client expectations. In this dynamic environment, strategic talent acquisition has become a key differentiator. Ameriprise Financial’s recent recruitment of seasoned advisor Ben…