04/23/2018
ANZ's wealth sale driven by compliance breaches
A business risk and compliance committee identified in late 2013 that ANZ's financial planners were failing to provide advice that was in the best interests of clients.
Wealth and Asset Management
04/23/2018
Chinese migrants snub Australia's $5m 'golden ticket' visas
Productivity Commission report says the scheme is prone to rorting and should be scrapped
04/21/2018
This Family Was Amongst the First to Bring Family Offices in India
Patni brothers restructured the company to become the holding company for investment as well as to manage the personal wealth of the family businesses in 2012.
04/20/2018
Private Bank Expands in Singapore
The move also comes as VP enlists the help of former Julius Baer Asia banker Tom Meier to help bolster its business in Asia.
04/19/2018
Credit Suisse Expands Asian Imprint
The move comes as Switzerland's second-largest bank obtained regulatory approval from Philippine financial regulators.
04/18/2018
Cardena Private Wealth adds life insurance
MBS has secured the partnership at a time when growth in the life insurance risk market is slowing down.
04/17/2018
Bank of Singapore to double wealth management staff in Hong Kong to cater to China’s rich
Bank also plans to set up family offices in major Chinese cities this year to help the wealthy with inheritance planning
04/17/2018
Deutsche Bank said to shelve $4.6 billion India portfolio sale
Deutsche Bank has called off talks to sell its retail, private wealth businesses in India to IndusInd Bank after former CEO John Cryan stepped down this month
04/16/2018
Global investment firm Nikko AM launches KiwiSaver Scheme
Nikko AM NZ – recently named Morningstar's NZ Fund Manager of the Year – has over NZ$5 billion under management and is part of a worldwide network of investment professionals.
04/16/2018
Swiss Face Headwinds in Asia
The ten largest banks operating in the Asian growth market last year increased the number of customer advisors by almost 10 percent compared with the year-earlier period.
04/16/2018
Lombard Odier Inks Indonesia Deal
The Indonesian partnership will also see Lombard Odier work with Bank Mandiri in developing private banking expertise and services.
04/13/2018
Netwealth sells Pathway
A spokesperson for IRESS told Financial Standard the acquisition was a natural step for the software provider, having worked closely with Netwealth for more than a decade.
04/13/2018
Morgan Stanley Wealth stalks JBWere; WAM sets global fund parameters
Among the options being considered for JBWere were a full or partial management buyout.
04/12/2018
UBS Tops Ranking as Private Banks in Asia Expand Assets 29%
Assets under management in the region exceeded $2 trillion
04/12/2018
Investec's Koseff shines light on bank ROE trade-off
Mr Koseff said problems often emanated from commission payment structures.
04/12/2018
Credit Suisse loses Asia equity banker to BAML
Sunil Dhupelia, a syndicate banker who has resigned from UBS, will be a replacement for Highfield’s position.
04/09/2018
UBS introduces first pure green investment portfolio in Asia
The Swiss private bank launches a portfolio that only invests in stocks or bonds with a good sustainability track record
04/09/2018
Asia’s independent wealth managers – redefining the value proposition
The roundtable members comprised 15 independent asset managers, family offices and a sprinkling of technology providers. s do.
04/09/2018
Asian Wealth Drives Credit Suisse
The private banking chief is keen to use the upswing to increase fee based services for the bank.
04/09/2018
Winners of annual Wealth Management Awards revealed
The winners of the World Finance Wealth Management Awards, 2017, have demonstrated confidence in avoiding such pitfalls.