05/31/2016
Morgan Stanley aims to return wealth arm to profits
Harker said the wealth unit - run by Ian Chambers - was aiming to break even by the end of 2016 and to return to profitability through 2017.
05/31/2016
Harker said the wealth unit - run by Ian Chambers - was aiming to break even by the end of 2016 and to return to profitability through 2017.
05/30/2016
Foreign PMETs or employment pass holders account for only 7 per cent of the PMET employees," he added.
05/30/2016
The winners were chosen after a rigorous nomination and selection process
05/30/2016
The wealth manager says customized advice will attract clients not served by other private banks in the region.
05/30/2016
Since the Group''s listing on the New York Stock Exchange last July, it has focused on the opening of the Hong Kong office, a key move in advancing its strategic international presence.
05/30/2016
The massive job cuts announced by Standard Chartered Bank's headquarters last year have mostly been made and any further cuts to headcount here will be normal attrition
05/30/2016
Singapore clients are becoming more savvy about fees
05/27/2016
There is no proof that current members of the board of directors or management are involved in the case,” he told the Swiss daily Corriere del Ticino.
05/27/2016
Thank you to the 250 senior market practitioners who attended.
05/26/2016
Neither the purchase price nor the size of the cornerstone stake were disclosed.
05/26/2016
"At the same time, we should look for excellent investment managers overseas for cooperation."
05/26/2016
The changes represent a major reset for the business, which swung to a loss of $16 million in 2015, from a $5 million profit a year earlier.
05/26/2016
Crestone intends to officially open its doors on 10 June 2016.
05/25/2016
This is a signal to financial markets that UBS is properly focused on cost,” says a consultant who works with private banks in Asia.
05/25/2016
In one case, according to the Swiss banking watchdog, BSI was happy to take $20 million after being told by a client the sum was "a gift".
05/24/2016
Emerging trends in Asia in terms of how and where clients have their wealth managed.
05/24/2016
Nikko Asset Management has launched a Luxembourg-domiciled UCITS Japanese equity fund, mirroring a Japan-domiciled strategy that has been run by senior fund manager Yuki Watanabe since August 2012.
05/24/2016
Having additional offices based in both Christchurch and Queenstown provides a natural complement to our Nelson presence.”
05/24/2016
Astarc Ventures, which typically invests about ₹50 lakh-₹2 crore, and in exceptional cases up to ₹6 crore, had raised its first fund in 2014.
05/24/2016
Almost two-thirds of HSBC’s profits came from Asia in the first quarter, emphasising its importance to the group.