Old Money vs New Wealth: Four WMs’ Client-centric Formulas

We recognise the different needs between clients of different generations, but what’s more important is our ability to lead good communications to truly understand their needs, perspectives, and our initiatives that help bridge the differences.

Singapore’s Wealth Creation: Strong GDP Rebound Expected Amid Record-High Budget Deficit

Hopes in Singapore for a near-term containment of the pandemic were dashed in mid-July with a spike in new cases, causing a retightening of controls on social gatherings for a month. Meanwhile its regional neighbors, such as Indonesia and Malaysia, are grappling with rising waves of infections. Amidst this gloom, some good news: Singapore’s economy expanded 14.7% year-on-year in the second quarter, its fastest annual pace in at least a decade, according to the Ministry of Trade and Industry.

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