09/11/2020
Standard Chartered to merge businesses, shrink some senior roles in latest revamp under CEO Bill Winters
Standard Chartered to combine retail banking, private banking and wealth management under one umbrella headed by Judy Hsu
Wealth and Asset Management
09/10/2020
SBM Bank India launches marquee product SBM Private Wealth for affluent customers
SBM Private Wealth Investment banking structure will also be supported by the Group’s international network, the release said.
09/09/2020
Affin Hwang AM rolls out Asia HY feeder in Malaysia
This is the second product that the firm launched with HSBC Global Asset Management.
09/09/2020
Super rich get richer on Ant after striking early deals with Jack Ma
At least seven tycoons put in almost US$700 million combined, with returns that could reach 50 per cent based on Ant's targeted valuation
09/08/2020
Family office business booms
An explosion in the number of high-net worth individuals in East Asia has brought strong demand for bespoke wealth management.
09/08/2020
Five reasons to invest in China: LOIM equities head
Rabattu said that eight of the world’s 20 largest internet companies are based in the country, compared with 12 in the US.
09/08/2020
Net New Money Surges at DBS Private Bank
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
Sanctum Wealth: The Great Disconnect
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
Custodian of the year: BNP Paribas
Asia Risk Awards 2020
09/07/2020
From organizing portfolios to educating heirs: Total wealth management for the superrich
Amid an increasing number of affluent people in Korea, Samsung Securities launches a multifamily office similar to Goldman Sachs, UBS
09/07/2020
Private bank of the year: Credit Suisse
Asia Risk Awards 2020
09/04/2020
Net New Money Surges at DBS Private Bank
The bank has benefited from its traditional markets in the ASEAN or Greater China region
09/04/2020
Credit Suisse CEO Wants Wealth Boost
New CEO Thomas Gottstein indicated he wants to reinforce Credit Suisse's four-year-old «bank for entrepreneurs» push.
09/03/2020
Pictet breaks new ground in Shanghai and NYC despite flat profits
AUM dropped to CHF 559bn.
09/03/2020
Wealth Management in Japan: Everlasting Mirage or the Turning of the Tide?
The history of wealth accumulation in Japan is well documented and goes back several decades.
09/03/2020
Asia wealth managers pull out all stops to get clients on Ant IPO
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
Westpac wealth biz worth up to $2.6b: CS
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
Lombard Odier Investment Managers launches China High Conviction strategy
Strategy targets opportunities arising from the continuing shift towards high quality, domestically driven growth in China.
09/03/2020
Private Banks, HNWIs focusing on private markets in wake of Covid-19
Investors seek out alternative assets as they find it more difficult to make money in public markets nowadays
09/03/2020
Wealth industry headed for supermarket-style duopoly
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.