12/03/2015
Guernsey Finance to open Hong Kong office
The central location at Three Pacific Place in Admiralty ensures Guernsey Finance is well-positioned to meet with Hong Kong-based practitioners and others from around Asia.
Wealth and Asset Management
12/03/2015
Swiss Probe of Malaysia’s 1MDB Puts Falcon Bank in Spotlight
Small Zurich-based wealth manager landed in middle of controversy around Malaysian government fund
12/02/2015
NAB Asset Management continues to lift SMA education
“We’ve been looking for ways to help advisers understand how to make the most of this growing SMA trend and the latest edition of Benchmark is an important step.”
12/02/2015
Northern Trust Enhances Global Brokerage Capabilities
Strengthens global trading and transition management services
12/01/2015
Private Banking Industry In Asia. An Increasingly Difficult Business
It is important to correctly define what is meant by private banking, especially in the context of Asia.
12/01/2015
World’s biggest bank gets caught up in China investment scandal
Bad marketing and flawed investment products rocking the reputations of Chinese banks have now spread to the world’s biggest lender by assets.
11/30/2015
CIMB-Principal aims to lift financial planning standards
Located strategically in Jaya Shopping Mall, Petaling Jaya, CIMB-Principal said the academy will also house a servicing counter that is for its consultants to complete their business transactions.
11/30/2015
Deutsche Asset & Wealth Management Changes the Underlying Index of Deutsche X-trackers MSCI All China Equity ETF
China is the world’s second largest economy and its equity market has become increasingly accessible for international institutional investors
11/27/2015
Wealth of Indian HNIs to increase more than Chinese during 2014 and 2020: Report
The estimated wealth of HNIs in India in 2016 will be $1.425 trillion, while those in China will be worth $5.10 trillion
11/27/2015
DBS said to be frontrunner for another mid-sized private bank in Asia
Further driving home concerns about the sustainability of servicing Asian HNWIs in the region without scale.
11/27/2015
HSBC says to shut down India private banking business
Even though India's economy has been minting millionaires at a strong pace, it has failed to translate into profits for the foreign wealth managers that have set up teams of well-paid bankers to help manage those riches.
11/27/2015
Khaitan & Co advises wealth manager on acquisition
Engaged in inter alia financial services, investment banking, trusteeship services.
11/26/2015
FinanceAsia Achievement Awards — Part 1
Both categories were decided by the responses to a similar case study requiring an integrated response among client relationship, investment banking, and investment teams.
11/25/2015
Escape Australia: invest offshore with these billion-dollar wealth managers
Australia’s superannuation pool currently sits above $2 trillion and is expected to double in the next ten years.
11/25/2015
Julius Baer’s Meier Says Future for Advice Is Local
The veteran banker, who also worked at Credit Suisse and Deutsche Bank, will continue to oversee Julius Baer’s India operations
11/25/2015
Building A Strong Singaporean Core For Wealth Management
Wealth Management Institute and Singapore Management University announce significant enhancements to Master of Science in Wealth Management programme
11/24/2015
Private banks defend DPM internal bias
JeanLouis Nakamura, Asia Pacific chief investment officer at Swiss private bank Lombard Odier, admitted there was a natural bias towards using inhouse managers for DPM.
11/20/2015
Zarin Daruwala faces multiple challenges in her new role as CEO of StanChart India
Daruwala's forte is corporate banking.
11/19/2015
Private bankers in Asia crumbling as revenue pressures rise
The region boasts more millionaires than any other and their wealth in growing rapidly every year. Global banks are fighting for a piece of the action and poaching talent from each other – life as a private banker in Asia should be a fairly easy rid
11/19/2015
Minister of Financial Services engages financial services professionals at STEP Asia conference
The first step, according to Minister Strachan, is the effective exchange of information and promotion of services that the jurisdiction offers.