05/09/2017

OCBC Gets Barclays Boost

The robust year-on-year performance was largely driven by sustained growth in wealth management income, higher profit from insurance operations as well as increased earnings in local currency terms from all of the Group’s overseas banking subsidiari

05/05/2017

Macquarie boosts AUM, earnings flat

Assets under management on Macquarie Group's investment platform jumped 24% to $72.2 Macquarie's total AUM, which includes infrastructure, real estate and fixed income investments reached $481.7 billion, inched 1% on the prior year.

05/04/2017

NAB Wealth growth steady

The division comprises independent third-party advice, including mortgage brokers as well as more than 1800 aligned financial planners.

05/04/2017

HSBC Sees Profits Fall

In February the London based but Asian centric bank, reported a much worse than expected set of full year results for 2016, marred by hefty writedowns and costs from its restructuring efforts.

05/04/2017

UBS Aiming Lower?

The Zurich headquartered wealth giant has been here before.

05/02/2017

DBS CEO: Headwinds Remain

The increase was across all product segments and led by double-digit percentage growth in investment products.

05/02/2017

Future of ANZ Wealth uncertain amid profit slide

Given that ANZ Wealth's contribution to ANZ's first-half results declined on the second half of FY16 by 21% to $123 million, it seems more or less inevitable the business will soon see an overhaul.

05/01/2017

LGT Completes ABN Amro Purchase

The acquired business includes almost $20 billion in assets under management as well as over 300 employees, of which more than 200 are front office staff.