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
11/06/2015
For such a restructuring, it has recruited experts in wealth management and investment consulting from the local talent pool and plans to additionally take on new hires.
11/06/2015
The new framework covers the bank's wealth management division
11/06/2015
The woes besetting British lender Standard Chartered over the past three years have left their mark on Singapore.
11/05/2015
The demand from and the sophistication of Asia-Pacific's rich and ultra-rich are compelling the wealth management industry to change or realign business models, increase the use of technology, and offer innovative solutions
11/05/2015
UBS is following other fund managers including BlackRock Inc , Och-Ziff Capital Management Group LLC and Man Group PLC, all of which are using their access through the QDLP programme to tap high net-worth Chinese individuals and institutional investors fo
11/05/2015
The new framework covers CBA-owned businesses Colonial First State Global Asset Management, Colonial First State, Wealth Management Advice and CommInsure.
11/03/2015
As part of the Manulife Private Wealth offering in Hong Kong, a representative office of Manulife Bank of Canada is being launched at the same time.
11/03/2015
Investors pulled almost US$2bill from Asia- focused hedge funds in the quarter ended September
11/02/2015
There is plenty of talk about Macquarie transition from investment banking powerhouse towards annuity-style asset manager.
11/02/2015
Daiwa Asset Management and Mirae Asset Global Investments aim to launch the Fund in a wide range of markets
10/30/2015
Net loans at its international and institutional banking businesses fell by 1 percent in the six months ended Sept. 30
10/30/2015
Banks are piling into riskier debt despite warnings of a leverage-fueled bubble from local brokerages
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’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
In Europe, Deutsche will withdraw from Denmark, Finland, Norway, and Malta. It will also exit from New Zealand.