11/27/2015
HSBC says to shut down India private banking business
Even though India's economy has been minting millionaires at a strong pace, it has failed to translate into profits for the foreign wealth managers that have set up teams of well-paid bankers to help manage those riches.
11/27/2015
Khaitan & Co advises wealth manager on acquisition
Engaged in inter alia financial services, investment banking, trusteeship services.
11/26/2015
Both categories were decided by the responses to a similar case study requiring an integrated response among client relationship, investment banking, and investment teams.
11/25/2015
Escape Australia: invest offshore with these billion-dollar wealth managers
Australia’s superannuation pool currently sits above $2 trillion and is expected to double in the next ten years.
11/25/2015
Julius Baer’s Meier Says Future for Advice Is Local
The veteran banker, who also worked at Credit Suisse and Deutsche Bank, will continue to oversee Julius Baer’s India operations
11/25/2015
Building A Strong Singaporean Core For Wealth Management
Wealth Management Institute and Singapore Management University announce significant enhancements to Master of Science in Wealth Management programme
11/24/2015
JeanLouis Nakamura, Asia Pacific chief investment officer at Swiss private bank Lombard Odier, admitted there was a natural bias towards using inhouse managers for DPM.
11/20/2015
Daruwala's forte is corporate banking.
11/19/2015
The region boasts more millionaires than any other and their wealth in growing rapidly every year. Global banks are fighting for a piece of the action and poaching talent from each other – life as a private banker in Asia should be a fairly easy rid
11/19/2015
The first step, according to Minister Strachan, is the effective exchange of information and promotion of services that the jurisdiction offers.
11/18/2015
Wealth succession is not simply transferring money and company shares to the next generation.
11/18/2015
In impact investing, the ultra-high net worth individuals would place capital in enterprises that generate a positive social or environmental impact.
11/18/2015
The rebrand signals the formal adoption of a comprehensive service model that will see all businesses in the group
11/17/2015
He also noted that the new private wealth centre came about after the rapid growth of its affluent client segment that was served by its premier wealth centres; the new centre is to meet the discerning financial requirements of this market segment.
11/17/2015
Significant economic growth in Asia has contributed to a meteoric rise of high net worth individuals in the region and private wealth is also expected to almost double in value reaching USD61 trillion by 2018.
11/16/2015
Although Asia-Pacific family offices achieved higher returns compared with those in North America and emerging markets last year, their investment stra tegies were more cautious, focusing more on preservation and balance approaches than growth ones.
11/16/2015
The average investment return of family offices globally was 6.1% last year. European family offices achieved 6.4% on average in 2014, while those in North America and emerging markets delivered lower gains of 5.8% and 4.9% respectively.
11/13/2015
Nippon Capital Asset Management J-LLC says a review of its recently-announced hiring plans will effectively double headcount
11/12/2015
Lombard Odier in joint venture with Thai bank
Has spun off its private banking business from retail banking as a new business division to increase its flexibility to run wealth management and to cash in on the opportunities in this segment.
11/12/2015
The securities carry a coupon of 5.90% and include an optional redemption call on 18 November 2020 or on 18 November of each year thereafter.