06/01/2017
Bank of Singapore to Raise Client Entry Threshold
The minimum amount a client must keep with the firm to qualify for its private-banking services will eventually be raised to $5 million in a few years’ time, from $2 million currently.
Wealth and Asset Management
06/01/2017
Deutsche Bank to add more than 50 people to wealth management in Asia
Global banks have competed fiercely for wealth management talent in Asia in recent years as private wealth grows rapidly across the region.
05/30/2017
Rip-off banking fees are choking company flotations, warns OECD
The traditional model of hiring one bank for an initial public offering of shares has given way to a system of hiring a consortium of banks to underwrite the equity sale.
05/29/2017
Singapore independent firm launches private access platform
Crossinvest’s service is available to any client of the firm, including its partners across the Asian wealth industry.
05/29/2017
A symbiotic relationship within independent wealth
These would include addressing the complexities that clients face, as well as having more flexibility in meeting compliance requirements.
05/29/2017
Providing modular support to asset managers
Additional support is particularly important in the area of information security, he explains, given how easily data can be hacked or lost, yet the dearth of expertise in these areas.
05/26/2017
A new chapter for wealth management in the Philippines
These include more investor-friendly regulation, education of customers and advisers alike, and a greater take-up and acceptance of technology.
05/26/2017
Private client firm acquires Merrill Lynch's international trust and wealth structuring business
The CEO expressed his delight at concluding this deal
05/25/2017
Lexinta strengthens multi-family office services in Asia
The programme is popular in terms of tax and estate planning, in addition to the freedom of movement it can offer to an eligible family.
05/25/2017
From Private Banking to Concierge Banking Powered by Analytics
In this paradigm, one common thing which no one can deny is the gigantic rise of collected streaming and cold data.
05/24/2017
Dion Global launches Integrated Wealth Management and Trading Platform
Enabling stockbrokers to expand their business model into wealth management
05/24/2017
Positioning portfolios for the rest of 2017
The first few months of 2017 have seen bullish markets and positive performance for private banks and clients alike across Asia.
05/24/2017
Malaysia prime land development is attractive, says List Sotheby
Having opened its regional headquarters in Singapore, the firm may decide to venture into the Malaysian market in future.
05/23/2017
China to Lift Investment Suspension
The fund-raising is carried out through a wholly-owned onshore fund management company and within a set quota.
05/23/2017
Aussie tycoon gives $414m to charity
Mr Forrest said he wants his donation to include A$75 million for cancer research, A$75 million for higher education, A$75 million for childhood education and $75 million to be directed towards fighting modern slavery.
05/23/2017
Driving the right mind-set among Indian investors
This is a pertinent issue in India, given the market has more than 2,000 primary mutual fund schemes.
05/22/2017
OCBC launches onshore private banking in Indonesia through local unit
The unit will leverage OCBC’s wealth management platform that draws on the combined product expertise of the bank
05/22/2017
Barclays set to create 100 jobs as it steps up private banking push
Move comes three years after lender aborted first expansion plan in private banking.
05/22/2017
Lombard Odier Changes Asian Management Structure
Asia has become a key growth engine for the Group
05/22/2017
Ignition wealth announces digital advice solution for users of leading platform
We are delighted to be working with BT to deliver a truly customer-first solution to their accountants, advisers and investors.