07/06/2016
Steady growth with an eye to the millennials
It impacts both the flow and fees business, hence it is unrealistic for banks to manage their business using 2015 revenues as a baseline.
Wealth and Asset Management
07/05/2016
Singapore Institute to Train Thailand’s Private Bankers
The demographic of Thailand's high-net-worth individuals is also in flux with many now younger entrepreneurs.
07/05/2016
ERI wins the "Portfolio Management" category - twice
Nicholas Hacking, Director, ERI commented: "We are proud to have been voted the winner of these awards, and this in both Hong Kong and Singapore.
07/05/2016
CARRET Private Investments (Asia) Limited Announces the Merger of Its Private Wealth Management Business with QL Asset Management Company Limited
Philip Carret is a Wall Street icon and investment legend who pioneered the concept of value investing
07/05/2016
Rothschild profit cut as deal flow slows
No dividend was paid to its global parent, compared to $10m the prior year.
07/05/2016
Credit Suisse merges fixed income with equities in Asia Pacific
Switzerland's second-biggest lender said in March it would shave an additional 800 million Swiss francs ($821 million) off costs and cut 2,000 more jobs from its global markets division, bringing the total to 6,000 job losses.
07/04/2016
China agribusiness tycoon ventures into mobile banking
China’s banks have traditionally preferred to lend to large state-owned businesses, but some economists say the problem has become worse in recent years.
07/04/2016
Hong Kong's richest man Li Ka-shing shows off his $500 solar-powered wristwatch
The tycoon, referred to as "superman" by Hong Kongers for his illustrious business career, came under fire from state media last year after selling up some of his holdings on the mainland.
07/04/2016
Money in Swiss banks: India slips to 75th position
The country was ranked highest, at the 37th place, in 2004.
07/01/2016
Mesoblast moves to tap private wealth funds
This trial, a phase 3 trial, is due to run until the end of 2017, costing as much as $US40 million.
06/30/2016
Asset manager launches quant platform after acquisition
In combination with GAM's global distribution reach, I am convinced that this business is well positioned for significant growth.
06/30/2016
Udit Gambhir, Managing Director of Cim Global Business for Singapore, discusses strategies for South East Asia with Finews.Asia.
Cim Global Business has over 23 years of experience in fund, corporate and trust formation and administration.
06/29/2016
Private banks urge wealthy Asians to shun risk, favour credit
Private banks are also urging investors away from UK property, with UBS Group AG predicting pressure in the real estate market, especially in London, as banks move to other locations in Europe.
06/29/2016
Singapore’s Millionaires Humbled in Local Bond Restructurings
PT Trikomsel Oke became the first company to default on Singapore dollar debt since 2009 when it failed to repay a bond coupon in November last year, followed shortly afterwards by Pacific Andes Resources Development Ltd.
06/29/2016
Praemium’s V-Wrap chosen by JBWere
The use of V-Wrap represented a shift from JBWere's use of an internal system and followed a comprehensive assessment process on the part of the company.
06/29/2016
Credit Suisse brings digital private banking to Hong Kong
High net worth individuals increasingly expect to use new technology when it comes to managing their portfolios, survey finds
06/29/2016
Sterling's fall to tempt big spenders to London
Solca expects listed luxury giants Burberry and Mulberry to be among those to benefit.
06/28/2016
DBS Indonesia to boost wealth management services
He further explained that DBS Indonesia was eyeing a 30 percent growth in its priority customers this year.
06/28/2016
Wealthy mainland Chinese eye bargain homes in UK as Brexit delivers ‘10 per cent discount’
While some investors are keen to buy at lower prices brought about by a weaker pound, experts warn that market uncertainties increase short term risk
06/27/2016
After Brexit, Bex’s it: David Beckham back in Hong Kong
Avoiding questions about the fallout from his country’s shock Brexit vote, the 41-year-old said he was happy to be back in Hong Kong.