05/22/2018
More than 60 per cent of mainlanders with personable investible assets worth in excess of US$1 million now hold those offshore, and 10 per cent of that by value are handled by foreign banks
05/22/2018
China’s rich-poor divide has narrowed by about half by some measures but there’s still a big difference between life in a top-tier city and the hinterland
05/22/2018
The bank's wealth management business is growing at a healthy clip, he said in a recent interview.
05/22/2018
SMBC Trust Bank is a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation - Japan’s second largest bank by assets.
05/21/2018
ANZ Royal Bank will be acquired by a Japanese financial holding company, J Trust, ANZ said in a media statement.
05/21/2018
Singapore is also Standard Chartered's second-biggest market, after Hong Kong.
05/21/2018
According to a report, Singapore and Hong Kong both rank well for competitiveness but have slight weaknesses in ’provider capability’
05/21/2018
It is increasingly important today given that their wealth is now very diverse.
05/18/2018
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
“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 already has two captive centres in Mumbai and Pune.
05/17/2018
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
The agreement includes discounted wire transfer services between Hawaii’s second-largest bank and SMBC Trust Bank
05/16/2018
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
Despite volatile markets in Q1, optimism remains high
05/16/2018
The firm grew its AUM by more than 15% a year from 2012 to 2017
05/16/2018
Nguyen says that she sees the spike in interest in wealth management products in her conversations with clients
05/15/2018
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
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
To facilitate the launch of the QDLP program, BNPP AM established its WFOE in December 2014