05/29/2019
HSBC's retail banking and wealth management division serves clients with less than $5 million of investable assets, while those with more than that threshold are taken up by the bank's private banking unit.
05/28/2019
The bank saw strong growth in Asia, with record net new money inflows of $16.3 billion in the first quarter of 2019
05/28/2019
The new wealth management subsidiaries may provide business opportunities for foreign players that have a private fund management licence in China.
05/28/2019
Lee believes communication is the fundamental starting point for effective family wealth management
05/28/2019
While HSBC did not disclose its wealth management headcount in Singapore at present, the bank’s business of offering advice and investment products to affluent clients in the city-state is smaller compared to its presence in China and Hong Kong.
05/27/2019
The trend is gaining momentum in Asia at a time when the overall individual wealth is growing.
05/27/2019
As a result, more and more private banks are also leaning on boutique managers to boost their assets in a region which is seeing the fastest billionaire population growth in the world.
05/23/2019
Sookdhis noted that the Thai financial technology sector has a major role to play and has recently seen the emergence of new startups that are trying to disrupt the conventional financial industry.
05/23/2019
"We are delighted to have Pitcher Partners Brisbane as a new managed accounts partner," Praemium head of distribution Martin Morris said.
05/22/2019
The debate over which is the better approach is a moot one
05/22/2019
Over the 20 years since Finantix began in Italy, the firm has enjoyed significant growth in recent years with over 250 specialists now in seven cities and a global customer base spanning more than 45 countries.
05/21/2019
He met again recently with Hubbis to provide an update on how the bank is achieving this vision.
05/17/2019
The Belt and Road Initiative (BRI) represents the largest infrastructure and trade project in the world
05/17/2019
As rich Asians target greater investment diversification and as business owners hand over to successors, family offices are sprouting up in regional financial hubs of Singapore and Hong Kong.
05/17/2019
BNY Mellon’s Pershing is a business-to-business provider of global financial solutions to advisors, asset managers, broker-dealers, family offices, fund managers, registered investment advisory firms and wealth managers.
05/17/2019
She reports to Thomas Ang, Head of Family Office Services Asia Pacific.
05/17/2019
Thai fintech startup says wealth management crucial in aging society
05/16/2019
Australia’s largest financial institutions – including the hallowed AMP – stand accused of gouging investors for fees, not disclosing conflicts and profiting from these conflicts of interests, often at the expense of the client.
05/16/2019
The majority of demand for the fund came from Asia and the strategy will invest in notes from the region too, according to Bouchardy.
05/16/2019
The offering aims to boost personalized wealth advisory service for clients and is based on a flat fee pricing model, with a minimum of two million euros portfolio AUM