Managers of Wealth Asia Pacific

Sunil Vaswani tops Indian Rich List for second year running

His Landmark Group has 2,000 outlets across the Middle East, Africa and the Indian subcontinent, and has 50,000 employees.

Cayman Islands continues to be the jurisdiction of choice of Japanese fund managers

He explained, "In particular, we expect that the use of the Cayman Islands exempted unit trust structure (which is the preferred investment vehicle for Japanese offshore hedge funds as a result of Japanese investor familiarity, tax and regulatory rea

DBS, OCBC, Julius Baer bid for Barclays Asia wealth unit -sources

The sale is part of a restructuring drive under Barclays new Chief Executive Jes Staley and comes as several European banks rethink their Asian strategy due to pressure at home to cut costs.

Asia's Rich Advised to Buy Yen as BOJ's Negative Rates Backfire

Credit Suisse Group AG is advising its private-banking clients to buy the yen against the euro or South Korean won because the Japanese currency remains undervaluedversus the dollar.

Beware Chinese billionaires bearing gifts

Macfarlane reasoned his Rolex was a fake.

Wave of Indian family offices lining up to invest in domestic start-ups

"People are embracing the change, and more so because traditional asset classes are not giving the returns of old," said Sanjeev Krishan, transaction services and private equity leader at PwC India.

Senior private banker at BSI claims no unlawful conduct in 1MDB case

Yak had applied to the courts for the accounts to be unfrozen in order to pay his income tax, legal fees and other expenses.

HSBC 'to stay in London' as board meets for final decision on HQ

Locations including Hong Kong, Singapore, the US, Frankfurt and even Canada have all been hinted at as possible alternatives, but because much regulation in the industry is global, it has proved hard to find compelling arguments in favour of leaving Londo

RBS calls off planned sale of India banking business

The India operations of the RBS banking business comprise corporate and institutional banking, trade finance and cash management.

HSBC setting up local subsidiary to handle retail, wealth business

All other lines of business of HSBC in Singapore, which include commercial banking, private banking and global banking and markets, will continue to operate under the existing Singapore branch.

Barrett’s AZ NGA takes another RI firm

The AZ NGA announcement said the transaction was consistent with the firm's long term business plan to continue to acquire high calibre businesses.

Ex-Julius Baer Manager Starts Family Office With $2.2 Billion

He was previously head of Asian products and investments at Bank Julius Baer and helped start the Zurich-based private bank’s Asian office in Hong Kong in 2006.

BMO targets Asian family offices in buildout

It is also recruiting to expand its regional footprint.

This Is Where All That Chinese Money Is Really Going

That number most likely doubled by the end of the year, as China’s stock market tanked

What keeps Asia’s most affluent up at night?

The situation is particularly difficult in Asia where the maintenance of wealth is a fairly new development.

China the elephant in the room: Julius Baer CEO

If you look at China, the elephant in the room in the last 12 months, we've had a lot of volatility and that makes people nervous

HSBC to freeze salaries and hiring globally in 2016

The freeze on salaries and hiring is to be at the global level.

Private bank taking look at Barclays Asia wealth arm - CEO

Barclays has picked Lazard to help advise on the deal amid efforts to scale back in Asia, three sources with knowledge of the matter said last month.

Old Mutual buys AAM Advisory, focuses on Singapore and HK only

Old Mutual Wealth has today signed an agreement to buy the Singapore-based expat-focused financial advisory firm AAM Advisory as part of its plans to concentrate the Old Mutual International business on only two core markets in North/SE Asia.

China's Gold Buying to Top 200 Tons This Year, Barclays Says

In 2016, buying may average about 17.9 tons a month, or 215 tons over the full year

Wealth and Asset Management