Managers of Wealth Asia Pacific

Purchase of Barclays' wealth management business to boost OCBC's exposure to UHNW market: bank chairman

"It is a (strategic) fit that has very little duplication," he said.

China's CCBI plans Singapore asset management firm, yuan business

The Chinese lender also sold 1 billion yuan ($154.5 million) of offshore yuan bonds in London late last year to broaden the investor base of the so-called dim sum bonds.

Asia's banks see rich pickings in private wealth assets

In a megabucks deal two weeks ago, OCBC Bank snagged the wealth and investment management business that Britain's Barclays Bank has in Singapore and Hong Kong, for a cool US$320 million.

Samsung Asset Management joins hands with Edmond de Rothschild Group For Fund Sale

Samsung Asset Management Co. has established a strategic alliance with Edmond de Rothschild Group, a leading financial group based in Geneva, Switzerland.

RBS completes deal to sell private banking ops to Sanctum

Sanctum, which had signed the agreement with RBS in September has acquired all the necessary licenses and approvals as well as successfully managed the migration of the business, including clients and people, from RBS Private Banking, a statement said Wed

Asia's Rich Urged to Buy Dollars as Singapore Fuels Easing Bets

The Monetary Authority of Singapore’s unexpected easing on April 14 has fueled speculation that other policy makers, concerned about a worsening global economic outlook, will follow suit.

No Easy Way As Banks Court Asia’s Wealthy

Wealth managers grapple with how to establish profitable relationships with Asia’s multimillionaires

Hedge funds gaining popularity among HNIs

The population of Indian high networth individuals is increasing, but is their investment pattern any different from that of the aam junta? In an email interaction with BusinessLine, Jaideep Hansraj, Head-Wealth Management and Priority Banking, Kotak Mahi

Ubp ramps up Asia efforts on back of Coutts international arm

Swiss group aims to double assets under management to $20bn

ICBC Private Banking eyes wealthy mainland families with new service

The newly-launched proposition provides wealthy families throughout China with an array of needs-based services including asset management

Credit Suisse to halt earnings previews in Japan following probe

The Securities and Exchange Surveillance Commission on Friday recommended that the Financial Services Agency penalise Credit Suisse's Japanese brokerage unit after finding that one of its analysts leaked non-public information on a company's ear

JBWere partners with Moelis Australia

Nab-owned wealth management firm JBWere has announced a research and distribution partnership with investment bank Moelis Australia.

Bmo Wm likes the dividend theme

Low interest rates and low inflation have brought the dividend theme to prominence this year, said Edmund Yun, executive director and head of investment for Asia.

Wealth management left out of data discussion

InvestmentLink chief technology officer Wayne Robinson said about half of the fintech market is unable to access data feeds from the wealth management industry in a significant way to run new and innovative products.

Private Bankers Cool on Singapore Bonds

Credit Suisse Private Banking Asia Pacific and CA Indosuez Wealth Management say investors are favoring higher-quality issuers, while UBS AG Wealth Management warns of the prospect of exchange-rate losses on local-currency bonds.

Union Bancaire Privée completes its acquisition of Coutts activities in Asia

The attraction of the Coutts deal was not Europe but Asia, says Union Bancaire Privee’s CEO Guy de Picciotto.

L&T Finance Holdings to combine wealth advisory business

Many of the job losses would be in the middle management level as the company believes that it could extract more out of lesser number of people and that it has excess capacity to scale up the business.

Barclays purchase reflects OCBC push

With financial technology start-ups gradually making inroads into "high-volume, low-value -add" services such as payments and foreign exchange.

Don't believe the hype: J.P. Morgan Private Bank talent outflows just "strategic attrition"

Highlight a much more critical industry-wide issue – that of the cost of servicing smaller accounts with expensive infrastructure.

JPMorgan cuts 5 pct of Asia wealth management jobs - source

The job cuts would affect the bank's Singapore and Hong Kong offices, the source said, declining to be identified because they were not authorised to speak publicly on the subject.

Wealth and Asset Management