11/16/2015
The average investment return of family offices globally was 6.1% last year. European family offices achieved 6.4% on average in 2014, while those in North America and emerging markets delivered lower gains of 5.8% and 4.9% respectively.
11/13/2015
Nippon Capital Asset Management J-LLC says a review of its recently-announced hiring plans will effectively double headcount
11/12/2015
Lombard Odier in joint venture with Thai bank
Has spun off its private banking business from retail banking as a new business division to increase its flexibility to run wealth management and to cash in on the opportunities in this segment.
11/12/2015
The securities carry a coupon of 5.90% and include an optional redemption call on 18 November 2020 or on 18 November of each year thereafter.
11/12/2015
Fosun International, the Hong Kong-listed investment arm of the conglomerate Fosun Group, owns holiday group Club Mediterranee SA, and has announced 10 takeovers worth a combined $6.4 billion in the past year
11/11/2015
A new breed of wealth management client is forcing change in a traditional industry.
11/11/2015
Wealth-X has identified more than 211,000 ultra high net worth individuals globally – defined as those with US$30 million and above in net assets – and 79% of them own two or more residences.
11/10/2015
Private bankers have long done extra advisory work for clients – from researching the right school for their children to solving retail transaction problems
11/10/2015
Private bankers have long done extra advisory work for clients – from researching the right school for their children to solving retail transaction problems
11/09/2015
During the two-day conference itself, the BDA booth saw a lot of traffic.
11/09/2015
Noah joins asset managers such as Springs Capital in tapping international appetite among wealthy Chinese clients.
11/09/2015
Banks now better understand their clients' financial motives and interests through reviewing their consuming as well as saving habits.
11/09/2015
UBS was once again named Best Global Private Bank and Best Bank in Asia at the Global Private Banking Awards last week.
11/08/2015
New customer demands, startups striving to take over and the potential in digitalization increasingly arouse their interest as well.
11/08/2015
Admittedly, Mauritius does have a significant Indian diaspora and once had a large textiles industry.
11/08/2015
Barclays to gauge interest in Asia wealth business sale
Barclays said yesterday its global wealth management revenue fell 17% to £227mn $342mn in the third-quarter from a year earlier.
11/08/2015
It recently followed up with a similar cut for private clients and early indications are that the initiative has received a warm welcome.
11/06/2015
Deutsche Bank’s unit has the lowest bad-loan ratio of the five largest foreign banks operating in India, the latest filings to the central bank show
11/06/2015
Old Mutual International, the cross-border business of Old Mutual Wealth, won the Most Innovative Product/Service award for the Wealth Management Plan at the recent Hong Kong Insurance Awards.
11/06/2015
With the level of capital that the bank has, footprint to boot and the opportunities in scale, the bank is definitely a target now