Managers of Wealth Asia Pacific

OCBC to buy bulk of Barclays' Asian wealth management unit for $320 million

Singapore's banks have been keen to pick up wealth management assets put up for auction by Western banks as they retreat to focus on their own markets.

Private banks' robotic evolution

They now see private banking as their next hunting ground.

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.

NAB announces next generation business model for high net worth market

Under the new model, NAB Private will become a pure private banking proposition for HNW clients, offering specialised services such as, structured finance.

HK tycoon Li set to rebuff activist Elliott over family bank

Elliott, a BEA shareholder for five years, has built a 7 percent stake and says the stock's underperformance is down to weak management.

Taiwan’s CTBC Bank to handle trade finance for its new partner LH Bank

TAIWAN-BASED CTBC Bank, which will become the strategic partner of LH Financial Group, will send a management team to oversee trade finance and wealth management, according to the group’s chairman and executive director, Rutt Phanijphand.

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.

New Trust Firm Opens in Hong Kong

Prior to joining Zedra, John Ashwood was the founding Managing Director of trust, fiduciary, fund and corporate services firm Vistra Hong Kong.

New independent family wealth consultant launches in Hong Kong

Capital Solutions, a new independent consultancy providing holistic and integrated solutions for private wealth assets, has launched in Hong Kong.

Credit Suisse has high hopes for China

The drive is part of the Swiss bank’s renewed focus on Asia under the strategy of Tidjane Thiam, who took over last summer.

Credit Suisse CEO Thiam targets bigger China presence

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.

Former FSC boss John Brogden changes tune on bank owned wealth managers

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.

Panama Papers: Mossack Fonseca leak reveals elite's tax havens

A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.

Wealth management by winning 6 awards from Wealth Biweekly

Citi has won six awards in the Wealth Biweekly magazine's annual wealth management survey, according to a press release from Citibank Taiwan, Tuesday.

Aberdeen ties up with BMO for first sub-advisory mandate in Asia

BMO, in turn, benefits from Aberdeen’s asset class expertise, while retaining full discretion over its client portfolios.

BoC manages 810b yuan private wealth

Bank of China Limited (3988) reported today that it manages more than 810 billion yuan in financial assets on behalf of wealthy customers.

Billionaires in Southeast Asia Get Richer as Peers Falter: Chart

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.

NH-CA Asset Management to enhance overseas fund sales

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.

Wealth Management Product Assets in China Surpassed RMB20 Trillion in 2015

Mutual fund AUM also surges during the year, crossing RMB8 trillion

Fake ‘Rothschild’ who lived the high-life in China exposed

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

Wealth and Asset Management