01/02/2020
Morningstar flags ‘significant risk’ in AMP advice strategy
Morningstar remains sceptical about embattled wealth manager AMP’s plans to turn around its financial advice business.
01/02/2020
Morningstar remains sceptical about embattled wealth manager AMP’s plans to turn around its financial advice business.
12/30/2019
The firm's chief executive Tang Ning has also said that CreditEase was targeting an initial public offering in 2020.
12/27/2019
Executive chairman Mr Bouris - who founded Wizard Home Loans and has hosted shows including Australia's Celebrity Apprentice and The Mentor - said the wealth sector exit was ultimately driven by a lack of scale and increasing regulation in the wake o
12/26/2019
In the past two years, HSBC has made significant investments in enhancing its digital capabilities globally.
12/24/2019
The reorganization has come as a bit of a shock, says one employee of the bank in Asia who did not envisage the changes to the existing structure or Raju’s consequential departure when he spent time with Khan in early November this year.
12/23/2019
The deal comes as China’s government continues to open up its financial industry to foreign firms.
12/20/2019
“Both companies are proposing to terminate their respective wholesale funds, while i-VCAP is exploring various options in relation to the management of the ETFs, including the possibility of transferring the ETFs to another licensed fund management
12/20/2019
Firms to take majority stake in local business with CCB
12/20/2019
Approval from the Chinese regulator for establishing an asset management joint-venture between Amundi and BOC Wealth Management
12/19/2019
There are plenty of advantages, especially if they are setting up various structures for the family business or for collective investments.
12/19/2019
HSBC Structured Product Online Platform: An online solution offered to accredited investors to invest in structured products offered by the bank.
12/18/2019
In the past two years, HSBC has made significant investments in enhancing its digital capabilities globally.
12/18/2019
Equities likely to outperform bonds due to stabilising growth and supportive policy
12/17/2019
The evolution into an even more client-focused financial institution that harnesses the power of technology to deliver customized client solutions is the logical next step based on Vontobel’s value proposition for clients.
12/13/2019
The RBC review was prompted because the bank‘s global head of wealth management feels the Asian business, with less than $10 billion in assets, lacks the scale to generate adequate profit, the people added.
12/13/2019
This largely has to do with the Chinese peer to peer lending industry which once was the largest sector of Fintech in the world but has collapsed in spectacular fashion.
12/12/2019
This brings a new digital capability allowing investors nationally to manage their investments online including making trades or topping up their investments.
12/12/2019
The bank’s Hong Kong operations, which include brokerage, asset and wealth management services, recorded losses in the last few years.
12/12/2019
The UK wealth manager aims to expand its share of the territory’s mass-affluent market to 15% in the next five years, according to its Hong Kong head.
12/11/2019
Elders Financial Planning will be wound down over the coming months, the dealer group has confirmed.