02/02/2016

Old Mutual buys AAM Advisory, focuses on Singapore and HK only

Old Mutual Wealth has today signed an agreement to buy the Singapore-based expat-focused financial advisory firm AAM Advisory as part of its plans to concentrate the Old Mutual International business on only two core markets in North/SE Asia.

01/28/2016

Credit Agricole Private Bank taps old name for new gold

This rebranding is the culmination of the Indosuez Wealth Management group's strategic transformation that began in 2012 and is based on the foundations of the bank's identity - its 140 year heritage, business model, ambitions and footprint acr

01/27/2016

A Hong Kong move unlikely to slash HSBC tax bill

HSBC said last year that it was considering a possible shift overseas from London, citing higher taxes and tighter regulation in Britain and a desire to be closer to faster-growing Asian markets.

01/27/2016

Bank appoints Lazard to sell Asia wealth business

The sale is likely to attract interest from Swiss rivals with larger operations in the region, such as UBS, Credit Suisse and Julius Baer, as well as from local groups, such as DBS in Singapore.

01/25/2016

Vistra Hong Kong wins 'Trust Company of the Year' Award

Now in their fifth year, the Citywealth International Financial Centre Awards were established to highlight the excellence of the advisers and managers in the private wealth sector in the major international financial centres.

01/21/2016

UBS to double staff in China over 5 years

CEO Sergio Ermotti unveiled the Swiss banking group's plans here against a backdrop of market turmoil, including an unstable yuan and plunging stock prices.