11/02/2016
Private banks lacking scale exit Singapore
Eight foreign private banks have pulled out in the last two years, at a time of Asia's explosive growth in wealth
Wealth and Asset Management
11/01/2016
DBS Still Has Room for ABN Amro
It was a shrewd deal by DBS, the extensive mass affluent numbers embedded in the ANZ business will provide a fertile pipeline for the private bank and the cost synergies are obvious.
11/01/2016
Hong Kong independent wealth association predicts strong growth
The Association of Independent Asset Managers of Hong Kong expects its membership to double in the coming year, as private bankers continue to break away from institutions to establish their own operations.
11/01/2016
Asia-Pacific HNWI assets elude wealth management firms
While trust levels are rising, it has not translated into more assets under management
11/01/2016
DBS Should Shun That UBS Wealth-Management Envy: Gadfly
That's either a heroic assumption or a large dose of UBS envy.
11/01/2016
Robeco starts China unit to tap demand for investing abroad
There's very strong demand from China's high net worth individuals to allocate assets overseas
11/01/2016
Eastern targets
The collective wealth in the room at the event in mid October - about $500 billion (CHF494 billion) - could have bought and sold Mr Thiam’s bank 16 times over.
11/01/2016
Standard Chartered Q3 income falters, fresh compliance worries ahead
The bank also flagged fresh compliance and regulatory challenges after confirming Hong Kong's financial regulator planned to take action against it in relation to its role as a joint sponsor of an initial public offering in 2009.
11/01/2016
Standard Chartered Stabilizes but Wealth Management Disappoints
Standard bank claimed to be on track to deliver in excess of $1 billion in gross cost efficiencies by the end of 2016
10/31/2016
Fosun acquisition opens up new markets for Luxembourg private bank
Chinese investment in Europe is in the spotlight at the moment.
10/31/2016
Singapore's DBS pounces on ANZ assets to extend Asia private banking push
The businesses in Singapore, Hong Kong, China, Taiwan and Indonesia, will be sold for around S$110 million ($80 million), in a deal that underscores how smaller players in private banking are being squeezed out due to lack of scale.=u=[;6-----------------
10/31/2016
Vontobel's Private Bank in Asia is Profitable
The operating chief of Vontobel’s private bank has revealed that business with wealthy clients is profitable in Asia.
10/30/2016
UBS goes after smaller fortunes in scramble for wealth in China
UBS Group will explore all avenues for accessing the domestic Chinese market, including partnerships
10/30/2016
2016 Forbes China Rich List (Full List)
2016 Forbes China Rich List unveiled
10/27/2016
NAB Wealth reports solid growth
Expenses for NAB Wealth dipped 4%, reflective of lower regulatory and compliance spend combined with firm control of discretionary costs, according to the annual report.
10/27/2016
Bionic Advisors: The New, New Thing for Asia’s Rich?
A new bionic advisor aims to outsmart robo advisors by combining software with the human touch.
10/27/2016
Where Will Ravi Raju Fit in UBS' Org Chart?
The question of where he would fit into the giant Swiss bank’s hierarchy was a somewhat delicate one.
10/27/2016
Robust Growth for Bank of Singapore
Bank of Singapore’s AUM as at 30 September 2016 was $62 billion, up 20 percent from $52 billion a year ago.
10/27/2016
Simon Lints: "Yes, We Have Appetite and Capacity to Make Acquisitions"
Cazenove Capital would like to become the go to house for bespoke discretionary offering in all of the markets the asset manager is serving
10/25/2016
New wealth management dawn beckons for Indonesia
Practitioners predict that many Indonesians will increasingly bring money back onshore – assuming the government lays more foundations for the future.