05/28/2018
The platform also comes with an automated reporting function, which the company says will help its institutional clients cut down on the manual work required to produce reports, thus saving time and boosting productivity.
05/27/2018
Swiss banks ‘best placed’ in industry ripe for consolidation, JPMorgan says
05/25/2018
Sees new demand from rich in China’s second-tier cities
05/25/2018
Morgan Stanley sees China’s billionaires fuelling its Asia wealth business
In the past, China’s billionaires came mostly from established cities like Beijing, Shanghai and Guangzhou.
05/24/2018
Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.
05/24/2018
The report also examines the increasing sophistication of the Chinese wine consumers, and explores fine wines as an alternative investment.
05/23/2018
About 60 percent of UBS’s invested assets come from ultra-high-net-worth individuals.
05/23/2018
Brexit will have significant ramifications for the Financial Services Industry in the UK, and will undoubtedly result in a number of regulatory changes for wealth management businesses involved in cross-border sales to the UK.
05/23/2018
Assets under management at record CHF 401 billion – Robust net new money inflows – Gross margin improvement driven by step-up in client activity – Cost/income ratio (2) inside target range
05/22/2018
BOS hopes the memorandum of understanding will raise its profile among Japanese ultra-high and high net worth individuals.
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."