02/19/2018
DBS, OCBC and UOB are also expanding their local China desks for corporate clients, building on relationships established by their mainland offices, says a Singapore-based source with knowledge of the banks.
02/19/2018
"We estimate that in the past the annual turnover among hedge fund managers that are registered and licensed in Hong Kong would be in the range of 15% to 20% per annum"
02/16/2018
Of the list of 50, five cities were ranked as the ultimate global destinations for UHNWs looking to buy real estate, with London, New York, Tokyo, Sydney, and Paris nabbing the top spots.
02/16/2018
ASIC found 75% of cases analysed did not comply with the best interests duty; institutionally-aligned advisers favoured their own products and left clients ''significantly worse off" in 10% of cases.
02/15/2018
Auction house Sotheby’s is to offer what it estimates is the most valuable single owner collection it has ever handled in Asia at the end of next month – with all proceeds going to charity.
02/15/2018
Singapore Business Review also previously reported that UOB’s profit increased by 9% YoY to $3.39b in 2017.
02/15/2018
Ashley Wilson, global co-head of prime finance and Europe, Middle East and Africa, head of equity trading at Deutsche Bank, said: “Investors appear more optimistic in their outlook for Europe and Asia.”
02/14/2018
Some junior bankers focusing on China received raises of 15 percent to 20 percent as UBS seeks to reverse a series of defections to Chinese corporates and private equity firms, one of the people said.
02/14/2018
She added that there is still a huge potential for captives to grow in the region, especially as interest from Asian corporates, including those from China, has heightened in the last few years.
02/14/2018
Head of the organising committee Mouhamadou Lamine Mbacke was quoted in the statement as saying that there was massive potential for Islamic finance in the region, given its undeveloped status, the report said.
02/14/2018
The Monetary Authority of Singapore reportedly focused on areas like blockchain, artificial intelligence and machine learning.
02/14/2018
These are only a few examples of the recent Japanese investment wave in Turkey, which is not geographically limited to the province of Manisa.
02/14/2018
Despite note ban, number of rich households increased by 5% in 2017.
02/14/2018
The bank did not give any further details, or say which lenders were affected.
02/14/2018
The Productivity Commission has found that, notwithstanding the banks’ belated success in bringing service into the 21st century, they and their competitors aren’t particularly competitive.
02/14/2018
Top of the Pyramid report by Kotak Wealth Management said that while robo-advisory has become fairly popular with investors in developed countries, it is at a very nascent stage in India
02/13/2018
Purchases of high-end cosmetics and jewelry grew nearly 30% last year
02/13/2018
A half century later, this version of Asia is virtually unrecognizable.
02/12/2018
The private bank has a five-year plan to significantly scale up its expertise to better serve them.
02/12/2018
China now has 251 billionaires, behind only the United States on the global Forbes rankings table.