05/09/2016
HSBC Singapore Transfers retail banking, Wealth management To Locally Incorporated Unit
The Singapore branch of the Hongkong and Shanghai Banking Corporation has completed the transfer of its retail banking and wealth managementb business to a locally incorporated subsidiary, HSBC Bank Limited.
05/09/2016
Credit Suisse has added more than 30 private bankers including market group heads to Asia, Asian Private Banker can reveal.
05/09/2016
International wealth group expands to Australia
The founding partners, Nick Maikousis and Jon White, with a combined 54 years of experience, held senior management roles within the financial planning and insurance advisory sectors before establishing MW Lomax.
05/09/2016
JTC announced a "strategic alliance" with Malaysia-based Kensington Trust in 2013 which also helps establish foreign trusts in New Zealand.
05/06/2016
This year, the group surpassed the $8 billion mark and aim to win more IFAs through its tech-focused business model.
05/05/2016
As the smoke clears after the surprisingly severe cut in superannuation concessions, financial planners are racing to guide clients through the raft of changes to be navigated.
05/04/2016
Fusang is being billed as a “Asian family office "offering local, regional and global services, including the creation of single family
05/03/2016
UK private client firm Investec Wealth & Investment has launched its business in Hong Kong, as part of the Investec Group's plans to expand the division internationally.
05/02/2016
Bank Vontobel eyes Asia with offering of global access
Being focused and targeted is a good thing in the Asian private banking industry today.
05/02/2016
His arrival to the group signals the formation of Fitzpatricks Private Wealth South Australia, and bolsters recent high profile adviser arrivals from Tasmania, WA, the ACT, Queensland and NSW.
04/28/2016
Wealth management firms like Zhongjin emerged in China in the mid-2000s to provide more financing to private businesses and better returns for Chinese investors
04/27/2016
Growth in the number of new external asset managers and multifamily offices in Asia seems to be slowing due to the rising cost of compliance and talent, say private bankers.
04/27/2016
Private banks target the ultra-rich with higher minimum investments, but Deutsche’s Raju has a different plan.
04/26/2016
The service is available via a model which provides clients who subscribe with access to premium research insights and products previously available only to HNW clients.
04/25/2016
Another wealth management firm, Shanghai-based Jinlu Financial Advisors, has also struggled to pay back investors, causing them to besiege its office in the commercial hub.
04/25/2016
The experts also extend services to portfolio holdings in the firm's private equity funds, helping the underlying companies to grow with an aim to eventually achieving an attractive exit and return for investors.
04/25/2016
The chairman of a Chinese wealth management company whose disappearance last week sparked alarm has strongly denied taking investors' money.
04/25/2016
These days the business owner trying to pass on wealth wants to make sure his children do things they enjoy. They may look into forming a business venture to allow a son or daughter to learn about business or an area of investment.
04/25/2016
Mbmg Group has carved a niche within the country's wealth management industry - an independent offering combining investments, insurance, corporate solutions and family office services. And it charges for the quality of its advice.
04/25/2016
“Swiss private banks got a massive wake-up call in the past 10 years,” Mr Collardi said, referring to the demise of secrecy laws that were a significant selling point for Switzerland’s private banks until 2009.