PRESS RELEASE

BlackRock’s Aladdin Wealth Enables Cathay United Bank Private Banking to advance End-to-End Wealth Management Capabilities

The private bank aims to provide clients with holistic portfolio insights, personalized advice, and a seamless experience.

Hong Kong/Singapore, 1 June, 2026 – Cathay United Bank Private Banking (CUBPB) has become the first private bank in Taiwan to go live on BlackRock’s Aladdin Wealth, broadening its wealth management platform and marking a significant milestone for the industry. Combined with a recently completed core system upgrade, the implementation is expected to strengthen the bank’s advisory capabilities and deliver a more seamless client experience across Taiwan, Hong Kong and Singapore.

Leveraging Aladdin Wealth, CUBPB will enhance the end-to-end operating model with workflow integration and data consistency across advisory processes, enabling a more disciplined, data-driven approach to portfolio management. Built on quantitative analytics and portfolio insights, CUBPB’s wealth management platform is also expected to strengthen straight-through-processing (STP) efficiency and risk management, supporting a scalable one-stop wealth management experience for clients.

In addition, Aladdin Wealth will support CUBPB’s relationship managers by enhancing client management, improving portfolio oversight, and accelerating proposal generation, delivering timely, client-specific insights. Investment consultants will also benefit from a unified platform for managing product information, streamlining workflows, and strengthening risk management, while portfolio advisory teams will be equipped with comprehensive portfolio tools that help accelerate advisory delivery and deepen client engagement.

Robert Fuh, CEO, Cathay United Bank Private Banking, said:

“Technology is central to building a more resilient wealth platform for the future. Our core system upgrade combined with the Aladdin Wealth platform elevates how we serve clients at scale, enabling deeper personalization, sharper portfolio insights, and stronger support for their long-term financial goals. These enhancements reflect our commitment to bolstering our wealth management capabilities in line with evolving client expectations”

James Verner, Head of Aladdin Business Development APAC at BlackRock, said:

“Aladdin Wealth brings together advanced analytics, monitoring, portfolio management, and oversight capabilities on a single, integrated platform. With access to the same technology trusted by many leading institutional investors globally, Cathay United Bank Private Banking is well positioned to strengthen investment decision making and client engagement, while supporting sustainable business growth in an increasingly complex market environment.”

Following the private bank go-live, Cathay United Bank is extending Aladdin Wealth across the broader Wealth Management business, reinforcing the depth of the enterprise relationship and the shared commitment to support clients through scalable, portfolio advisory capabilities.

-END-

About Cathay United Bank Private Banking

With a solid presence across Taiwan, Hong Kong, and Singapore, CUB Private Banking delivers comprehensive asset management services to HNW clients. We continue to strengthen our regional platforms by expanding local networks, attracting top‑tier relationship managers and investment advisory teams. We also provide highly flexible liquidity solutions that help our clients maintain a balanced onshore–offshore asset allocation amid complex geopolitical dynamics. CUB Private Banking are dedicated to support our customers in planning personalized asset allocation and be with them every step of the way toward their financial milestones.

About Aladdin Wealth

Aladdin Wealth is BlackRock's proprietary technology platform that enables wealth managers to accelerate growth across client segments, drive advisor efficiency & scale through connected digital systems, and deepen relationships by surfacing business opportunities to personalize client portfolios. As a strategic partner to wealth managers and private banks, Aladdin Wealth combines sophisticated risk analytics with comprehensive portfolio management on a single, unified platform.

Media Contacts

BlackRock

Claudia Ju
+65 92490425
Claudia.ju@blackrock.com

Jasmine Chen
+852 97383531
Jasmine.Chen@blackrock.com

Crystal Chow
+852 97322007
Crystal.Chow@blackrock.com