05/31/2016
Morgan Stanley aims to return wealth arm to profits
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.
05/31/2016
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
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.
05/24/2016
Nikko Asset Management has launched a Luxembourg-domiciled UCITS Japanese equity fund, mirroring a Japan-domiciled strategy that has been run by senior fund manager Yuki Watanabe since August 2012.
05/24/2016
Having additional offices based in both Christchurch and Queenstown provides a natural complement to our Nelson presence.”
05/24/2016
Astarc Ventures, which typically invests about ₹50 lakh-₹2 crore, and in exceptional cases up to ₹6 crore, had raised its first fund in 2014.
05/24/2016
Almost two-thirds of HSBC’s profits came from Asia in the first quarter, emphasising its importance to the group.