06/08/2016
This sixteenth annual study by BCG outlines the evolution of private wealth from both a global and regional perspective, addresses key industry trends, and explores evolving client needs -- particularly those of underserved,
06/08/2016
But it's not an easy business to capture, and gaining market share is very expensive.
06/07/2016
Over half of HNWIs surveyed believe it is important for their financial advisor or wealth manager to have a strong digital offering – a proportion that rises to almost two-thirds among HNWIs under 45 and in Asia, the report said.
06/07/2016
It also highlighted that only a quarter of wealth managers offer digital channels beyond email and what they offer is sharply at odds with what the HNWIs expect.
06/06/2016
Brown Brothers Harriman (BBH) has launched a trust company in Hong Kong following the rollout of cross-border initiatives in China.
06/02/2016
Financial-industry costs to curb money laundering were already forecast by LexisNexis Risk Solutions to reach a record $1.5 billion in Asia this year.
06/02/2016
Singapore's clampdown on BSI over its ties to a Malaysian state investment fund - its most stringent action in three decades
06/02/2016
As rising wealth bolstered demands for branded homes in India, Trump seized on the trend and launched his Trump Tower luxury apartments in Mumbai and Pune.
06/02/2016
Less than two months after Asian Private Banker reported on the departure of an EFG private banker, the individual in question has resurfaced at Singapore-based Swiss pure play.
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
Leading third-party wealth management service provider Opens Office in Hong Kong
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