11/12/2015
Fosun International, the Hong Kong-listed investment arm of the conglomerate Fosun Group, owns holiday group Club Mediterranee SA, and has announced 10 takeovers worth a combined $6.4 billion in the past year
11/11/2015
A new breed of wealth management client is forcing change in a traditional industry.
11/11/2015
Wealth-X has identified more than 211,000 ultra high net worth individuals globally – defined as those with US$30 million and above in net assets – and 79% of them own two or more residences.
11/10/2015
Private bankers have long done extra advisory work for clients – from researching the right school for their children to solving retail transaction problems
11/10/2015
Private bankers have long done extra advisory work for clients – from researching the right school for their children to solving retail transaction problems
11/09/2015
During the two-day conference itself, the BDA booth saw a lot of traffic.
11/09/2015
Noah joins asset managers such as Springs Capital in tapping international appetite among wealthy Chinese clients.
11/09/2015
Banks now better understand their clients' financial motives and interests through reviewing their consuming as well as saving habits.
11/09/2015
UBS was once again named Best Global Private Bank and Best Bank in Asia at the Global Private Banking Awards last week.
11/08/2015
New customer demands, startups striving to take over and the potential in digitalization increasingly arouse their interest as well.
11/08/2015
Admittedly, Mauritius does have a significant Indian diaspora and once had a large textiles industry.
11/08/2015
Barclays to gauge interest in Asia wealth business sale
Barclays said yesterday its global wealth management revenue fell 17% to £227mn $342mn in the third-quarter from a year earlier.
11/08/2015
It recently followed up with a similar cut for private clients and early indications are that the initiative has received a warm welcome.
11/06/2015
Deutsche Bank’s unit has the lowest bad-loan ratio of the five largest foreign banks operating in India, the latest filings to the central bank show
11/06/2015
Old Mutual International, the cross-border business of Old Mutual Wealth, won the Most Innovative Product/Service award for the Wealth Management Plan at the recent Hong Kong Insurance Awards.
11/06/2015
With the level of capital that the bank has, footprint to boot and the opportunities in scale, the bank is definitely a target now
11/06/2015
For such a restructuring, it has recruited experts in wealth management and investment consulting from the local talent pool and plans to additionally take on new hires.
11/06/2015
The new framework covers the bank's wealth management division
11/06/2015
The woes besetting British lender Standard Chartered over the past three years have left their mark on Singapore.
11/05/2015
The demand from and the sophistication of Asia-Pacific's rich and ultra-rich are compelling the wealth management industry to change or realign business models, increase the use of technology, and offer innovative solutions