12/15/2016
China Beckons Overseas Banks and Asset Managers
Beijing’s new offer of wholly foreign-owned enterprise status has overseas firms eyeing the mainland institutional and retail markets.
12/15/2016
BDP Global Take Aim at China’s Burgeoning Wealth Management Market
Private fund raising companies” in China, are essentially asset managers supervising the funds raised from the general public
12/14/2016
Swiss law firm targets Asian wealth structuring
Every bank and trust company has an interest in Asia, as does every independent asset manager.
12/13/2016
How Asia’s Wealthy Invest
Rich Asian families tend to be more aggressive, hands-on investors than their Western counterparts
12/13/2016
Delivering more by discretionary mandates
These dynamics have made clients turn to their banks to provide professional advice.
12/12/2016
The potential for such a shift has become increasingly viable as more and more HNW clients appreciate both the value of advice.
12/12/2016
The Swiss lender has always been a large spender on IT and BPO services.
12/08/2016
The Justice Department is targeting real estate, investments and art works that were allegedly bought with money siphoned off from the state-owned investment and development fund known as 1MDB.
12/08/2016
Swiss private bank to close Hong Kong operations
"This is part of a return to Europe strategy due to rising cost pressures," said one of the people familiar with the matter who declined to be named.
12/08/2016
EFG International to cut up to 450 jobs as part of BSI integration
In an analyst and investor call today at 9.30 am CET, EFG International will provide an update on the integration of BSI, including further information on the planned strategy and ambitions of the combined group and the revised synergy potential.
12/07/2016
Class Action: Why Philanthropists are going back to school
Instead, formal education provision across the world remains patchy.
12/07/2016
ABN Amro to Sell $20 Billion of Asia, Middle East Banking Assets
LGT is a leading international private banking and asset management group.
12/05/2016
Wealth managers in developed markets have started to lean towards the view that digital players no longer compete only for execution only business
12/05/2016
The feedback from our clients to date has been extremely positive, particularly around our ability to react quickly to changing market conditions and to better manage downside risk.
12/05/2016
HSBC is starting its credit-card business in China on Monday after receiving regulatory approval to issue cards by itself, having previously done so in partnership with Bank of Communications Co.
12/05/2016
The big challenge for providers is coming up with funds that embody good ideas.
12/05/2016
Credit Suisse has been publishing the report every year for last five years.
12/02/2016
DBS Group Holdings and Bank of Singapore have already announced at least US$400 million of acquisitions
12/02/2016
On the technology side, the project was carried out by Swiss tech consultancy and integration firm Sofgen.
12/02/2016
The Cheongdam center is the second wealth management center by Citibank Korea after its success with the first attempt with the Banpo center in Seocho last year, the bank said.