08/11/2016
WSJ: Sale price of Swiss bank BSI plummets due to 1MDB scandal
EFG had earlier announced that it planned to pay roughly 1.33 billion francs for Lugano-based BSI, in a deal expected to close later in the year.
Wealth and Asset Management
08/11/2016
Chinese Lender Invests in Hong Kong Wealth Manager
We can form a partnership to develop high end wealth management for Chinese clientele.
08/10/2016
How wealthy Chinese move hundreds of billions abroad to buy assets
Capital flight remains a concern for the authorities. But experts think the government has it under control, for now
08/10/2016
Maybank unit ceases asset management operations at Thai subsidiary
MAMT ceased to be an indirect subsidiary of Maybank with effect from the closing date
08/10/2016
TriLake Partners Adds to Singapore Team
The hiring of another Senior Relationship Manager clearly shows that our business model continues to gain traction.
08/09/2016
U.S. Firm has Expansion Plans for Wealth Management in Thailand
The Eagle Gates Group expects to more than double its wealth-management staff in Asia over the next five years.
08/09/2016
Standard Life posts rise in offshore bonds, expands in India
Strong set of half year results for 2016 also included details of expansion into India’s private pension market
08/08/2016
Two new services offer wealth and health
The Sunday Times highlights a new low-cost investment and a health app
08/08/2016
Billionaire Li Ka-shing’s flagships tipped to post steady to slightly higher half-yearly profits
CK Hutchison and C K Property fare well despite weakness in ports, retail and energy businesses
08/08/2016
Yellow Brick Road shifts to franchise model
Wealth management firm Yellow Brick Road is to move to a franchise model as it focuses on increasing its financial planner numbers.
08/08/2016
Record High at DBS Wealth Unit
The strong income growth in the second quarter enabled profit before allowances to grow 10percent.
08/08/2016
Prime takes its largest stake in an advice firm
This will be the largest stake Prime has purchased in any one advice firm.
08/08/2016
Fitzpatricks Private Wealth inks partnership
He said he was attracted to Fitzpatricks due to its private ownership model, client first culture and strategic advice processes.
08/05/2016
Eagle Gates Group announces plans for wealth management club in Thailand
The addition of the APEX Club deepens Eagle Gates' presence in the Asia Pacific region and the potential is immense.
08/05/2016
Finding the way forward in Malaysian wealth management
Markets are clearly tough for everyone, and challenges are mounting across all aspects of the service and product offering.
08/04/2016
What’s Inside the Most Tricked-Out Private Jumbo Jets
The opulent dining rooms, kitchens and lounges of the types of Boeing 787 and Airbus A350 planes sold to private buyers
08/03/2016
HSBC:Reduced Client Activity as Profits Plunge
Two-thirds of HSBC's adjusted profit before tax, or $7.2 billion, came from Asia in the first half of 2016, up from 62 percent in the same period last year.
08/03/2016
Standard Chartered «Improves» as Profits Fall Hard
The London listed bank reported an underlying pre-tax profit of $994m for the six months to June 30, down from $1.8bn in the same period in 2015.
08/02/2016
Family businesses emphasise impact investing in philanthropy
As philanthropy is increasingly regarded by family businesses as a form of social investment
08/01/2016
AMP, Japanese vie for ANZ’s $6bn wealth management arm
Swiss investment bank UBS advised AMP on its Axa transaction six years ago.