09/25/2015
Bank of Singapore sees small Asia wealth managers under pressure
Bank of Singapore gets most of its business from wealthy clients in Southeast Asia,
Wealth and Asset Management
09/24/2015
ASIC accepts EUs from former AMP representatives
Under the EU, the pair must assign an independent consultant to carry out a program of pre-vet and audit reviews to scrutinise whether their advice was compliant.
09/24/2015
Standard Chartered's new chief awarded £6.7m in shares
Deal designed to compensate Bill Winters for leaving hedge fund he co-founded
09/24/2015
Management team buys RBS India private banking unit
The Royal Bank of Scotland announced the sale of the business
09/23/2015
Wealth management platform provider expands super funds offerings
The need for a platform-based approach to technology has never been more evident
09/23/2015
Robots can't read your dreams, advice firm warns
The push towards more automated services is a huge wake up call for the industry
09/23/2015
Outsourcing is the future of compliance
We're continuously researching what's happening in wealth management regulation, and our software evolves to satisfy those requirements.
09/23/2015
Standard Chartered Bank to sell iconic office
The London-headquartered bank has announced a plan to save $1.8 billion cost globally by the end of 2017 and has simplified the organisation layers to deliver it
09/22/2015
Technology companies consider the possibilities of asset management
Many fear for the future of asset management, with Apple and other world-beating technology companies flirting with the idea of entering the industry
09/22/2015
Engagement more important than tech in digital disruption
Digital disruption in wealth management should focus on engagement not technology, according to BNP Paribas Securities Services Australia and New Zealand managing director, David Braga.
09/22/2015
Macquarie Wealth has 'outperform' rating on CSG Ltd
It was encouraging to see another half of strong equipment sales in Australia with a 10 per cent attach rate of non-print technology in 2H15.
09/22/2015
Swiss Bank group Julius Baer launches bank in India
The launch was deferred on account of a delay in approvals from a bevy of regulators and 'complications' in the deal
09/22/2015
BNP Paribas loses custody deal to RBC
Additional funds due to be launched later in the year will also be administered by RBC.
09/22/2015
Noah Partners with UKTI to Open Opportunities for Clients in the United Kingdom
The partnership is designed to open up opportunities for Chinese high net worth individuals in investment, philanthropy, cultural exchanges, and education in the United Kingdom.
09/22/2015
Private banking veteran launches wealth platform
Has launched an independent platform in Singapore serving both as an external asset manager and multi family office.
09/22/2015
China grants Aberdeen Asset Management business licence
"While the asset management industry there is young and the potential huge, our vow is to avoid short-termism and focus on quality," Young said.
09/21/2015
CIMB wins six The Asset awards
These awards testify to CIMB’s resilience and continued capacity to rise to the challenge of advancing the markets while putting customers’ needs as the key driver in product development.
09/21/2015
Asia Pacific Region has more millionaires than North America
High net worth individuals are those who have money with a minimum of $1 million to invest aside from primary assets.
09/21/2015
India: Private equity player KKR to acquire majority stake in investment bank Avendus Capital
The proposed move will provide Avendus access to strategic capital and help leverage the brand and network of KKR to diversify and deepen its presence in investment banking.
09/21/2015
HSBC Set to Add 4,000 Jobs in China While Shrinking Globally
The 4,000 new hires would amount to a 30 percent increase from the 13,000 people now working for HSBC in the Pearl River Delta. By contrast, the bank plans to trim global headcount by some 50,000 over three years and reduce annual costs by up to $5 billio