03/22/2016
Big wealth managers face pressure to put more weight on staff behaviour when setting their pay, after the corporate watchdog found many are not properly managing conflicts between their financial interests and those of customers. An Australian Securities
03/21/2016
Despite slowing economies in China and rest of Asia, Swiss lender continues hiring to support expansion of private and investment banking across the region
03/21/2016
It was noted that in the past, families were more concerned of growing their wealth, but this notion changed during the past few years.
03/21/2016
The German bank’s asset and wealth management arm has also been buying in Brisbane, last month snapping up F.A. Pidgeon & Son’s tower at 313 Adelaide Street for $125m.
03/20/2016
Squeezed by narrowing interest margins accompanying an all-time low benchmark interest rate, Korean lenders are expanding their expat services to those stretching beyond remittance or foreign exchange.
03/18/2016
This combination of structuring and innovation has led to growth in the take-up of AIFs in recent years among India’s wealthy.
03/18/2016
The Development Bank of Japan and Tokai Tokyo Financial Holdings will invest in the project.
03/18/2016
The industry publishes aggregated data on where WMPs tend to invest, but the disclosures of individual products can be vague.
03/18/2016
The Swiss pure play had reportedly submitted nonbinding bids for the UK private bank in Asia, with Julius Baer group CEO Boris Collardi
03/18/2016
As private banks step up their efforts to win offshore business from wealthy people in China, how can you stand out from the competition and keep your clients happy?
03/17/2016
Some of our clients who usually place trades via their relationship managers are now trading global equities directly on the digital platform anytime at their convenience.
03/17/2016
In addition to the five 'Highly Recommended' ratings, Lonsec also rated 10 of IOOF WealthBuilder's investment options 'Recommended'.
03/17/2016
UBS’s expansion in China comes at a difficult time for its wealth-management business, the firm’s largest unit, which posted a 47 percent slump in pretax profit in the fourth quarter.
03/16/2016
Been working with AAM since 2009
03/16/2016
Talks for JP Morgan’s Rs7,501-crore portfolio are in early stages, but Reliance Group has made the highest bid so far
03/16/2016
He added the recognition reinforced Maybank's position as Malaysia's leading wealth management provider in terms of service and product offerings.
03/16/2016
The sharp increase in wealth management products to $3.6trn raises credit and liquidity risks at Chinese banks, the ratings firm said.
03/15/2016
“No one has really got private banking right in Australia,” said Justin Greiner, chief executive of JBWere, the venerable 175-year-old broking house owned by NAB.
03/15/2016
This comes two months after NAB snapped up the remaining 20 per cent stake in wealth group JBWere, in a deal understood to cost about $20 million.
03/14/2016
They could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets