09/18/2017
The Australian Financial Review on Sunday reported the banking group had received at least one offer “in the high [A$]4 billions” for the wealth management unit ahead of a Friday deadline and that MetLife and Zurich had both submitted bids.
09/18/2017
There are a number of benefits of taking this route, he explains.
09/18/2017
NAB is also conducting a strategic review of its wealth business.
09/18/2017
The reasons make sense.
09/17/2017
Individuals and families are seeing the need to create a family office to address the demands that come with significant wealth
09/15/2017
Opening global routes for wealthy Vietnamese
Many wealthy Vietnamese are also increasingly attracted to the concept of relocating to get access to higher-quality education for the sake of their children.
09/15/2017
Citi Goes After Next Generation
Citigold Private Client offers clients access to both Citi’s consumer and institutional businesses.
09/15/2017
Credit Agricole Sizes Up Opportunity in Asian Economic Growth
The firm’s private bank is already making moves to expand in Asia.
09/14/2017
Two dozen bidders in fray to buy AXA's wealth management unit in HK
Interest in AXA’s unit has mainly come from some insurers, Chinese state-owned enterprises, private investment groups and property companies, the sources said.
09/14/2017
Julius Baer Chief Sees Asia Making Up a Third of Business
Hiring spree paying off in a ‘very big way,’ CEO Collardi says
09/13/2017
Got a spare HK$370,000? BOCHK mints commemorative gold bars to celebrate its 100th anniversary
The gold bars are expected to be available from October following delivery by Swiss gold firm PAMP.
09/13/2017
Netwealth and Zenith enter partnership
Netwealth plans to add further managers to its managed account service during the second half of the year as it continues to support increasing adviser demand.
09/13/2017
Holistic wealth management solutions remain advice key
To best service these three categories of investors.
09/11/2017
The government’s response, based on its 2016 inquiry, is closer scrutiny on how retail interest rates are being set, Coleman said.
09/11/2017
By comparison, therefore, wealth management is difficult, costly and time-consuming. Not many local banks yet have a clear affluent or HNW strategy.
09/11/2017
Although private wealth is surging, managers face stiff competition and new regulations
09/08/2017
“We would like to become the first call from clients in China.”
09/08/2017
The bank thought it would be a good idea to expand a unit making loans secured by the jewels. Now it wants out.
09/08/2017
The integration process for the mega-merger between Scotland’s Standard Life and Aberdeen Asset Management has kicked off after the deal officially closed on August 14.
09/08/2017
If the transaction is completed, Hana Financial will hold a 100 percent stake in Hana UBS Asset Management and the entity will be renamed, Hana Financial said in a statement.