04/06/2016
Asia Private-Bank Assets Fall for First Time Since at Least 2013
Banks see private banking as a revenue booster because the number of rich people in Asia is rising as economic growth outpaces that of the rest of the world.
04/06/2016
Banks see private banking as a revenue booster because the number of rich people in Asia is rising as economic growth outpaces that of the rest of the world.
04/06/2016
Prior to joining Zedra, John Ashwood was the founding Managing Director of trust, fiduciary, fund and corporate services firm Vistra Hong Kong.
04/05/2016
Capital Solutions, a new independent consultancy providing holistic and integrated solutions for private wealth assets, has launched in Hong Kong.
04/05/2016
The drive is part of the Swiss bank’s renewed focus on Asia under the strategy of Tidjane Thiam, who took over last summer.
04/05/2016
The CEO said he saw this as a natural development as the country transforms itself into a consumption-driven economy rather than one led by investment.
04/04/2016
One time lobbyist for the retail wealth management industry, John Brogden, now reckons the big four banks should scrap their "vertically integrated" business models, citing conflicts of interest and flawed pay policies.
04/04/2016
A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.
03/31/2016
Citi has won six awards in the Wealth Biweekly magazine's annual wealth management survey, according to a press release from Citibank Taiwan, Tuesday.
03/31/2016
BMO, in turn, benefits from Aberdeen’s asset class expertise, while retaining full discretion over its client portfolios.
03/30/2016
Bank of China Limited (3988) reported today that it manages more than 810 billion yuan in financial assets on behalf of wealthy customers.
03/29/2016
Philippine tycoon Henry Sy, whose investments run from shopping malls to banks to construction, added the most wealth, while elsewhere in Asia, his peers have lost $31.3 billion amid a persistent slowdown in China.
03/29/2016
To manage bigger assets, Han almost doubled the number of employees to 47 from 25 in just one year and created seven more teams including alternative investment division and research.
03/29/2016
Mutual fund AUM also surges during the year, crossing RMB8 trillion
03/28/2016
Wentworth owners Reignwood and the president of China’s top university were among those fooled by a man with a “charming British accent” and a surname worth its weight in gold
03/28/2016
Businesses need banks, but Hong Kong over the past few years has become one of the hardest places in the world to open a bank account and it’s about to get worse.
03/28/2016
The platform has signed up with many marquee clients in Mumbai and Pune.
03/28/2016
It’s the third time the Swiss bank has been forced to tweak the exit schedule.
03/24/2016
Thailand has a leadership role to play in the AEC, and is an important market for us in Asean, attracting significant investment and trade flows from our global clients.
03/24/2016
Especially in a time of loan growth turmoil.
03/24/2016
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