06/01/2016
Wealth managers voice concerns on L&I ETFs
Investors must be properly educated on leveraged and inverse exchangetraded funds and what they should be used for or they risk big losses, warn wealth industry executives.
06/01/2016
Investors must be properly educated on leveraged and inverse exchangetraded funds and what they should be used for or they risk big losses, warn wealth industry executives.
06/01/2016
What is very telling is that many Asian self-made super-rich are digital natives requiring wealth managers to be adept communicating with them in the way.
05/31/2016
With banks around the world beginning to cut their dividends, Columbia Threadneedle's global equity income fund has shifted its focus towards the wealth management sector.
05/31/2016
In 2015 alone, Bank of Singapore said its employees clocked in twice as many training hours as they did the year before; client-facing staff averaged 90 hours of training.
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.