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.
Wealth and Asset Management
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.
10/25/2016
DBS, Julius Baer weigh bids for ABN AMRO Asia wealth unit
The sale could fetch between $300 million and $350 million, or 1.50-1.75 percent of assets under management, senior M&A bankers said, citing valuations for similar deals.
10/25/2016
Smartening up with more relevant insurance solutions
Although the firm has always concentrated on servicing HNW and UHNW clients via insurance solutions since its entry into Asia in 2008, that focus has now become even sharper.
10/25/2016
Bordier Had Strong First-Half Growth in Europe
The growth of assets under management in Paris and London was more than 10 percent, the bank added.
10/25/2016
Capital Injection for Chinese Wealth Manager
Subject to certain terms and conditions set forth in the Agreement, Sequoia will make a 348 million RMB strategic investment in Noah's asset management business