Managers of Wealth Asia Pacific

Credit Suisse Targets Rich Thais to Meet Wealth Goal

Led by Chief Executive Officer Tidjane Thiam, Credit Suisse is seeking to double pretax income and client assets under management in the Asia Pacific by 2018.

High net worth individuals’ investment mistakes

A sample of 652 deVere clients in the UK, Asia, Africa, the Middle East and the U.S. who have investable assets of more than £1m (or the equivalent) were polled.

Credit Suisse Targets Rich Thais to Meet Wealth Goal

The bank is being lured by the pool of wealth held by the nation’s rich -- estimated at $456 billion in a 2015 report by Cap Gemini and RBC Wealth Management

Competitors using recent PB acquisitions to lure front line talent

Hiring one relationship manager after another is too slow in an environment where private banks are already spread so thin

Brown Brothers Harriman expands trust services in Hong Kong

The potential inclusion of ETFs in Stock Connect, a cross-border initiative launched in 2014 that links the Hong Kong and Shanghai stock exchanges

BOS aims for $137b in assets by 2020

It is about making bankers more productive, says CEO, adjusting strategies in light of global trends

ICBC to drop comprehensive wealth management business

The financial income will be used to deduct his loan interest, according to a Beijing Youth Daily report.

Julius Baer to impose negative interest rates

Other currencies affected include the Danish krone and Swedish krona.

Bank of Singapore Sees Asia Rich Shift to Paying Fees for Advice

Bank of Singapore is the private banking unit of Oversea-Chinese Banking Corp., Southeast Asia’s second-largest lender by assets.

Bank love affair with wealth management waning

This was not so much the case when 1HY16 results were announced, as the effects of a rebalancing economy produced what some have labelled as disappointing results to shareholders.

Barclays to sell bullion vault to China's ICBC

The contract is expected to complete in July, ICBC said, subject to various approvals.

Ben Brazil, the $6.7 million bonus man

Just as Gen X and Y across Australia implore baby boomer parents to help them buy homes

Online wealth management market to grow

The demand for wealth management will grow rapidly when personal income crosses US$10,000 annually.

UOB, Soc Gen bonds capitalise on Singapore demand

Soc Gen, meanwhile, continues the trend of European banks accessing the Singapore dollardenominated bond market following ABN AMRO’s successful S$450 million deal in March.

Julius Baer's Singapore branch to impose negative interest rates on some deposits

S'pore branch to apply rates to deposits in currencies like euro, Swiss franc from June 1

RBC Wealth Management to consolidate platforms in Asia

RBC Wealth Management is looking to consolidate its platforms in Hong Kong and Singapore into a single platform

OCBC Bank, CEO Samuel Tsien win at Asian Banker Leadership Achievement Awards

The Asian Banker provides business intelligence to financial firms.

Global wealth firm expands to Australia

Melbourne-based financial planning firm MW Lomax has become the first Australian company to join US-based Focus Financial Partners' network of "independent management firms"

Bankers aim to double assets they manage

Lo hopes to see the number of practitioners rise to 6,000 over the next five years.

Wealth at the heart of ANZ restructure

ANZ’s wealth division will play a more central role as the bank pushes on with its operational restructure, says the bank’s chief executive, Shayne Elliott.

Wealth and Asset Management