09/08/2020
Although DBS does not break down absolute figures, its private banking business is part of its broader wealth management unit which saw AUMs rise 7 percent year-on-year to S$251 billion ($184 billion).
09/08/2020
Effectively, markets now stand assured that Fed will hold off hikes even if inflation spikes beyond 2% temporarily and hence, rates will stay lower for longer (consensus is until 2023).
09/08/2020
Asia Risk Awards 2020
09/07/2020
Amid an increasing number of affluent people in Korea, Samsung Securities launches a multifamily office similar to Goldman Sachs, UBS
09/07/2020
Asia Risk Awards 2020
09/04/2020
The bank has benefited from its traditional markets in the ASEAN or Greater China region
09/04/2020
New CEO Thomas Gottstein indicated he wants to reinforce Credit Suisse's four-year-old «bank for entrepreneurs» push.
09/03/2020
AUM dropped to CHF 559bn.
09/03/2020
The history of wealth accumulation in Japan is well documented and goes back several decades.
09/03/2020
If it’s the world’s largest IPO, it becomes mandatory for the wealth managers to try and get their clients on the front seats.
09/03/2020
Credit Suisse said it expects most of the assets under review to be put up for sale and said the portfolio could be worth $3.3 billion to $4.8 billion.
09/03/2020
Strategy targets opportunities arising from the continuing shift towards high quality, domestically driven growth in China.
09/03/2020
Investors seek out alternative assets as they find it more difficult to make money in public markets nowadays
09/03/2020
The developments may trigger a major re-organisation of Australia's wealth management industry, which is still reeling from the damning findings of the Hayne royal commission and the retreat of the once-dominant big four banks from the sector.
09/02/2020
The consensus amongst them was one of measured optimism, aligned with realism that Vietnam’s wealth market still has many years of catching up to nearby countries such as Thailand.
09/02/2020
Top wealth managers have been quick to declare that the Covid-19 pandemic has highlighted their strengths
09/01/2020
And thus was born the new era of bancassurance – the term that was applied to what would become one of greatest (but legal) shareholder capital heists in corporate history.
09/01/2020
SCB holds a 60% stake and the rest is owned by Julius Baer.
09/01/2020
Net fund inflows of HKD1,668 billion (USD214 billion) were recorded for the asset and wealth management business during 2019.
09/01/2020
But as a private banker from the pre-digital era, it may sound like the machines are swallowing daily tasks and threatening to take your job.