09/15/2017
Citi Goes After Next Generation
Citigold Private Client offers clients access to both Citi’s consumer and institutional businesses.
Wealth and Asset Management
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
Australian Banks May Exit Wealth Management Without Being Forced
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
Creating a more meaningful wealth management market in Vietnam
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
Wealth Managers in Hong Kong Face Falling Margins
Although private wealth is surging, managers face stiff competition and new regulations
09/08/2017
UBS Asset Management aims to launch first China private fund this year
“We would like to become the first call from clients in China.”
09/08/2017
How Standard Chartered Lost $400 Million on Risky Diamond Debt
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
Aberdeen Standard integration kicks off in Asia
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
Hana Financial, UBS end asset management joint venture in S. Korea
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.
09/07/2017
Meeting the succession needs of business owners in India
The next generation needs to accept the additional responsibilities.
09/06/2017
Point72 to Double Tokyo Staff to Meet ‘Enormous’ Opportunities
Cohen’s fund aims for more than 60 workers, up from current 30
09/05/2017
The Sanctum Wealth Management road to success in India
By achieving this slightly ahead of schedule, the firm has now started to see some positive business momentum, explains Gupta.
09/05/2017
Swiss Bank Vontobel Launches Derivative Products in Hong Kong
Investors in Asia, who tend to have a greater affinity for trading frequently than their wealthy counterparts elsewhere, continue to favor such products, which offer exposure to derivatives.
09/04/2017
Lenovo Owner Buys European Bank
China has been cracking down on outbound investment in recent months.
09/04/2017
Bank of Singapore growing fast thanks to Hong Kong
There needs to be a greater range of financial instruments available.