04/27/2018
Westpac chief Brian Hartzer not giving up on wealth management
If you really want to do the right thing by customers we have to find a way to crack sustainable financial advice
Wealth and Asset Management
04/26/2018
Bank Mandiri looks to wealth management for revenue growth
The partnership with Lombard Odier, a Swiss bank, will enable publicly listed Mandiri to improve its wealth management unit
04/26/2018
Vistra doubles international expansion services business with acquisition of US-market leader Radius
Following the acquisition, Vistra will have a global IES team of 1,300 employees and a support network of over 3,300 staff, operating in over 70 offices and 40 jurisdictions.
04/26/2018
Pictet launches Asian Corporate Bonds fund
Launched on 18 April
04/25/2018
International Financial Centres – are they still relevant and viable today?
The dozen wealth professionals attending the roundtable discussion in Hong Kong’s China Club represented a variety of global private and investment banks, law firms and independent advisory firms.
04/25/2018
WA’s richest add more wealth to their pile
Despite Andrew Forrest paying the price for concerns about lower grade iron from his Fortescue Metals Group, eight of the 10 biggest winners to 2018 have connections to mining.
04/25/2018
Citi's conflict-free model for private banking
Coming out the GFC, Citi made a decision to change the focus and underlying strategy of its global private bank.
04/25/2018
Credit Suisse claims strong Asia-Pacific M&A pipeline after reporting record quarterly wealth management and advisory revenues
Credit Suisse claims strong Asia-Pacific M&A pipeline after reporting record quarterly wealth management and advisory revenues
04/23/2018
Advent-backed ASK Group is working on a $250 million IPO
ASK Group has appointed JM Financial to work on the $200-250 million IPO, the final size of which will depend on the quantum of stake Advent International decides to sell
04/23/2018
Spadework in China pays off as top five asset managers pull ahead
Z-Ben executive says anyone resting on laurels will be overtaken quickly
04/23/2018
Lombard Odier and Bank Mandiri to offer onshore private bank services
Lombard Odier said it has inked a strategic agreement with state-controlled Bank Mandiri
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.
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.