Managers of Wealth Asia Pacific

BlackRock private bank hire reflects rising trend

A newly created senior role at the US asset manager is in line with a growing focus on wealth managers as a channel for fund sales in Asia.

No influx of European wealth for Singapore

Singapore sees no evidence that wealthy people are shifting funds from Europe to Asia in order to escape tough rules on tax avoidance and money-laundering

OCBC named SME bank of the year

OCBC Bank (Malaysia) Bhd (OCBC Bank) has been adjudged Malaysia’s SME Bank of the Year by Singapore-based Asian Banking and Finance.

Banks treated like "criminals" says Standard Chartered

Banks have been asked to play the role of policing anti-money laundering

ARA's net profit rises 36 per cent in Q2

Fees arising from acquisitions that the Reits made also contributed

Technology to remake wealth management

The speed at which Asia is creating wealth is increasing the demand for the creation of wealth management solutions and the digital revolution will change the way Asians manage their wealth, said Singapore bankers.

After Picassos and Van Goghs, Sotheby's to sell houses in India

Wealthy individuals looking to buy India's most exclusive homes may not have to fear being shut out of deals being done behind closed doors.

Malaysia faces challenges to wealth management

One of the concerns among local industry players is how to ensure wealth management in Malaysia for HNW clientele go beyond a product-centric approach in order to capture a larger market share (at best) or retain its current market share (at the least).

CMB private banking center caters to top end

The center will provide global wealth management services to high-end clients both in the SAR and the mainland.

Standard Chartered faces new US fine as profits fall 20pc

Chairman Sir John Peace promises 'assertive action' to address decline as US watchdog identifies issues in its surveillance system

S’pore Luxury Car Sales Losing Steam

Supercar dealers in wealthy Singapore are fretting over their future as higher taxes, new auto loan restrictions and a shift in tastes towards less ostentatious vehicles send sales plummeting.

Doubts over Macquarie Private Wealth compensation

The only people we know who’ve received compensation are people who’ve taken court action or lodged complaints with the Financial Services Ombudsman

ARA Asset's Q2 earnings up 36% as revenue rises 17%

It plans to launch billion-dollar fund before year's end, says group CEO

HDFC Bank opens branch at DIFC

The new outlet will provide a whole range of wealth management services to non-resident Indians based in the UAE,

Wealth management returns trump legal services

The company announced to the Australian Securities Exchange (ASX) that while its legal services businesses had struggled in difficult markets, the acquisition of wealth management business had paid dividends.

ThreeSixty Research team merges with JB Were

NAB said there were would be no redundancies as a result of the merger, with the entire ThreeSixty listed equities team relocating to JB Were's Sydney office.

SFG shareholders give IOOF deal green light

SFG Australia shareholders have voted in favour of IOOF’s acquisition bid, which will create the third largest advice business in Australia.

HSBC net profit falls as investment banking slows

The declines were expected by analysts after a poor first quarter for investment banking and in the bank's retail and wealth management businesses.

Swiss bank launches wealth platform in Taiwan

New head of a new wealth management unit that the Swiss bank is launching in Taiwan.

Robin Hood fund robs rich of fees

Making money while helping a charity is the aim of a unique fund to list on the sharemarket.

Wealth and Asset Management