10/30/2015
China Banks Enter Eye of Storm Adding Risky Debt to Wealth Funds
Banks are piling into riskier debt despite warnings of a leverage-fueled bubble from local brokerages
Wealth and Asset Management
10/30/2015
Family offices well ahead on gender equality
The average family office chief executive is 54 years old, while staff members range from 22 to 84 years old.
10/30/2015
Credit Suisse to boost staff for Asian assault
Credit Suisse’s Asia-Pacific operations will go against the trend of job cuts at rival banks in the region and at its own head office
10/29/2015
Deutsche Bank to cut 9,000 jobs and exit 10 countries in overhaul
In Europe, Deutsche will withdraw from Denmark, Finland, Norway, and Malta. It will also exit from New Zealand.
10/29/2015
NAB injects $300m into wealth arm
Speaking to ifa, NAB executive general manager for wealth advice, Greg Miller, said the $300 million investment will allow the bank to improve efficiencies, especially across its advice network.
10/29/2015
India’s New Angles
A growing population of the uber rich is infusing money into the overall economy
10/27/2015
Baring Asia Completes Deal to Acquire Majority Stake in Vistra Group
“Our partnership with Baring Asia brings a new and exciting chapter for the Vistra Group. With their support, we can continue the success and growth of the firm to the satisfaction of our clients, our employees and our shareholders. We very much lo
10/26/2015
Standard Chartered winding down equity derivatives business
Standard Chartered will phase out the businesses in January after exiting from institutional cash equities, equity research and equity capital markets
10/23/2015
HSBC is mulling moving its headquarters to America rather than Asia
Britain's biggest bank is considering moving its headquarters to the United States, rather than Hong Kong, it has been revealed.
10/22/2015
Swiss private banking group to issue perpetual tier 1 subordinated bonds
Julius Baer Group Ltd. has requested Moody’s to rate the bonds.
10/22/2015
AZ NGA acquires $410m advice firm
AZ Next Generation Advisory has taken a 51% stake in a Sydney advice firm.
10/22/2015
Central banks hold the key to growth or recesssion, say investment managers
Six chief investment officers and strategists are broadly in agreement on the big trends that are likely to dominate over the next 18 months and what it means for their asset allocations.
10/22/2015
The six most boring banking jobs in Hong Kong and Singapore
But taking one of Asian’s more boring finance roles could eventually lead to something better
10/21/2015
Credit Suisse Joins the Queue of Banks Bulking Up in Asia
Bank seeks to more than double Asia-Pacific pretax income by 2018-end
10/20/2015
Singapore HNWI Wealth to Reach US$1.1 Trillion by 2019 Says 2015 Wealth Management Market Report
This report reviews the performance and asset allocations of HNWIs and Ultra HNWIs in Singapore.
10/20/2015
Chinese Family Offices Diversify Into Alternatives
They are now putting nearly half their fortunes into less liquid investments like private equity and real estate.
10/19/2015
Multi-family office and wealth consultancy changes hands
The former Director of Markets and Chairman of AIM at the London Stock Exchange PLC, takes full control of the Group and targets its strategic transformation with a focus on markets in South-East Asia and the Middle East.
10/19/2015
New Citi Wharton Global Wealth Institute to launch in Philadelphia and Beijing
Wharton School Dean Geoffrey Garrett said the global nature of this program exemplifies their goal to be the best business school for the world.
10/19/2015
China asset managers signal London expansion as governments meet
GF International Asset Management says it would provide investment products based around Chinese assets and advise global institutions
10/18/2015
DBS now Asia-Pacific's 8th-largest private bank
Other factors that contributed to its success are a focus on digital banking, innovation, and the ability to retain customers as their individual wealth grows.