05/21/2018
ANZ Sells Another Asian Asset
ANZ Royal Bank will be acquired by a Japanese financial holding company, J Trust, ANZ said in a media statement.
Wealth and Asset Management
05/21/2018
Standard Chartered Seeing Results in Digitalisation Move
Singapore is also Standard Chartered's second-biggest market, after Hong Kong.
05/21/2018
Singapore's wealth management business dominates Asian competition
According to a report, Singapore and Hong Kong both rank well for competitiveness but have slight weaknesses in ’provider capability’
05/21/2018
Addressing the need for a holistic approach to wealth management
It is increasingly important today given that their wealth is now very diverse.
05/18/2018
Dozens of advisers go as Macquarie merges its private bank and wealth divisions
The relationships between wealth management divisions and other operations of major banks are one of the areas of focus for the Hayne Royal Commission into banking.
05/18/2018
Demand from foreign buyers to surge in next decade, says global head of residential at Knight Frank
“Australia is still seen as a very attractive location but clearly the government are taking a more proactive role in how they try and control property values."
05/18/2018
UBS to double headcount in India: CFO
UBS already has two captive centres in Mumbai and Pune.
05/17/2018
Macquarie merges private wealth businesses
The gearing towards HNW investors in the bank's private wealth and banking business will have no impact on BFS's retail banking strategy which includes home lending, deposits and credit card solutions for consumer clients.
05/16/2018
Bank of Hawaii partners with Japan-based SMBC Trust Bank
The agreement includes discounted wire transfer services between Hawaii’s second-largest bank and SMBC Trust Bank
05/16/2018
JP Morgan seeks majority stake in China joint venture
JP Morgan also announced in the statement the appointment of Mark Leung as chief executive officer of the company’s China operations effective May 14.
05/16/2018
2017 strong momentum intact, private banks expect another good year
Despite volatile markets in Q1, optimism remains high
05/16/2018
BNP Paribas Wealth Management: Tailoring its future to fit the new Asia
The firm grew its AUM by more than 15% a year from 2012 to 2017
05/16/2018
Selling funds to retail clients in Vietnam - tiny today but huge potential
Nguyen says that she sees the spike in interest in wealth management products in her conversations with clients
05/15/2018
Security Bank opens new investment fund
This fund enables wealth management clients and retail investors to invest in firms that can attain long-term, stable and above-market earnings growth, it added.
05/15/2018
Christian Fringhian: «The System Is to Everyone's Profit»
The former fixed income banker is targeting entrepreneurs at mid-sized firms, but also building relationships with yield-starved institutional investors such as pension funds and hedge funds.
05/15/2018
BNP Paribas AM obtains QDLP qualification in China
To facilitate the launch of the QDLP program, BNPP AM established its WFOE in December 2014
05/11/2018
Number of ‘ultrarich’ growing in PH
In a country of more than 100 million people, less than 1 percent can call themselves ultra high net worth individuals.
05/11/2018
Australia's AMP braces for shareholder revolt at frosty AGM
The former director stepped up after the firm's CEO and chairman quit last month over the scandal.
05/11/2018
The Deloitte International Wealth Management Centre Ranking 2018
The winding road to future value creation
05/10/2018
BNP Paribas asset management arm obtains QDLP quota of US$50m in China
Since 2004, the French bank’s asset management arm has provided its global clients with access to the Chinese market as one of the largest global Qualified Foreign Institutional Investor managers.