04/16/2015
Banks leverage off private wealth arms
Banks in Asia have been leveraging off their private banking arms to generate investment banking deal flow
Wealth and Asset Management
04/16/2015
Wealth managers, private banks must re-invent according to shifts in client demands: Report -
Deloitte and Efma released a new white paper last month, detailing the results of a survey conducted among over 60 executives from wealth management institutions, family offices and private banks across 26 countries.
04/16/2015
UBS reviewing wealth management business in Australia
Swiss global financial services firm UBS AG is reportedly reviewing its wealth management business in Australia
04/16/2015
Appetite for Luxury in Vietnam: A Lucrative Market for High-End Products
But not only the uber-rich are on the rise: according to Euromonitor International more than 100,000 Vietnamese in 2013 had a disposable income of more than US$75,000 per year
04/16/2015
Qatar Executive is growing its international footprint by targeting corporations and the fast-growing number of high net worth individuals in Asia
Qatar Executive has adjusted its inflight experience to match the taste of the Asian executive and private traveller. For example, customers can request to be served by Mandarin and Cantonese speaking VIP cabin attendants, who are familiar with local cust
04/15/2015
Deutsche AWM cuts A-share ETF fees
The ETF in question, launched in January last year, is one of the largest physical China A-share ETFs listed in Europe, with over 600 million euros ($632 million) in assets.
04/15/2015
BMO Private Bank Asia wins Hong Kong and Singapore awards
BMO's Private Banking Operations in Asia Acknowledged for Their Solutions, Global and Local Expertise and Growth
04/15/2015
Three Genesys member firms leave AMP
At least three member firms of the soon-to-be-defunct Genesys Wealth Advisers licensee have left the AMP network
04/14/2015
Wealth management matchmaker bags £500000 seed round
Some of the new investment will be used to fund the launch of findaWEALTHMANAGER.com in Asia.
04/13/2015
Li Ka-shing China assets dump has earned him nearly RMB74bn
Li's empire is a diversified conglomerate, since Li himself avoids positioning his company solely as a property firm, said an industry insider in Hong Kong.
04/12/2015
India's rich temples may open gold vaults for Modi
The two-century-old Shree Siddhivinayak temple in Mumbai devoted to the Hindu elephant-headed god Ganesha bristles with close circuit cameras and is guarded by 65 security officers.
04/12/2015
UAE Bank Targets Africa, Asia For Wealth Management Growth
The bank has been focusing on growing its fee-paying businesses such as wealth management as it aims to offset high levels of competition in traditional banking products.
04/12/2015
Macquarie Private Wealth: The silver doughnut that left a hole in investors' nest eggs
Glancing up at the sparkling silver doughnut logo as he walked into the millionaires' factory for a meeting with his Macquarie Private Wealth adviser in July 2009, Don Waller was hopeful that this meeting would be kinder than the last.
04/12/2015
Standard Chartered Malaysia to focus on wealth management
Standard Chartered Bank Malaysia sees strong growth and demand for wealth management products and services in Malaysia.
04/12/2015
Beefed-up Findex Group investment team reviewing platform
The group's portfolio of financial services brands and businesses now includes Financial Index Wealth Accountants, Centric Wealth, Crowe Horwath Australasia, MOVO, CIVIC Financial Planning and Prescott Securities.
04/10/2015
Nippon Wealth sees clear path in crowded HK
The bank will focus on providing Japanese investments in funds and PE structures after being granted the first locally incorporated bank licence by HKMA for 50 years
04/10/2015
When bankers buy private jets: hiring hots up at elite end of Asian banking by Simon Mortlock
Singapore’s ultra-wealthy population is set to grow by 54.3% by 2024 – the strongest rise among 108 cities globally, according to a March survey by Knight Frank.
04/10/2015
RBS Coutts second bank in Singapore linked to 1MDB, says paper
Singapore's Business Times today said it had obtained documents confirming the involvement of another bank in the island state with 1MDB
04/06/2015
Superman Li emerges as top tycoon fee payer
Hong Kong tycoon Li Ka-shing has by far been the most active deal-maker in Asia and generated the most fees for investment banks since 2000
04/04/2015
Monex Group Joins a Consortium of Investors Forming Wealth Management Bank
The Japanese company which owns a number of subsidiaries providing online securities and foreign exchange trading is venturing into a new business endeavor with a number of partners.