04/21/2015
HSBC chief says bank must be managed better, not smaller
HSBC chief executive Stuart Gulliver insisted on Monday that the global banking giant is not too big to manage
Wealth and Asset Management
04/21/2015
UBS targets 15 percent asset growth in Asia-Pacific: Zeltner
The main driver of growth in Asia was undoubtedly Chinese wealth, with China now representing UBS' biggest private banking market outside its home of Switzerland and the United States, Zeltner, the Swiss executive said.
04/20/2015
Breaking the banks: Tax jump may drive HSBC, StanChart away from UK
Several investors told Reuters they want the two banks to do a thorough analysis on whether it makes sense to move after Britain raised the bank tax by a third last month.
04/20/2015
Super-rich Asians draw multi-family financial firms
A discreet breed of financial management firm has sprung up to cater to Asia's super-rich as their fortunes grow.
04/20/2015
UBS revamps products, intermediaries divisions
The Swiss bank is integrating its global financial intermediaries unit with its investment products and services division. It has also appointed a new head of investment products and services for Asia Pacific.
04/20/2015
Morningstar backs wealth managers
Morningstar has delivered a glowing assessment of the wealth management industry, with AMP's "dominant, vertically-integrated business model" making it the pick of the bunch.
04/20/2015
StanChart targets corporate customers for growing private banking unit
Standard Chartered's private bank has had a full year figuring out how it would grow and where that growth would come from.
04/20/2015
Macquarie Private Wealth ignored misconduct, overhauls pay structure
Several advisers who admitted to using a cheat-sheet on exams – after Fairfax Media reported of its existence – were retained by Macquarie for long periods after their admissions, according to sources.
04/20/2015
Chinese tycoons account for 20pc of world’s billionaires
Property moguls still top list, starting with Hong Kong's Li Ka-shing and Lee Shau-kee and mainland's Wang Jianlin
04/17/2015
Northern Trust Establishes Asset Management Sales and Client Service Team in Melbourne Office
Expansion Supports Demand for Customized Asset Management Solutions
04/16/2015
StanChart top official in town
Carsten Stoehr, global head for financial markets sales at Standard Chartered Bank, is now visiting Dhaka to meet the bank's important stakeholders and key customers.
04/16/2015
Digital technology transforms wealth management industry
The early success of an online service that matches wealthy people with wealth managers demonstrates that investors want more choice in where advice comes from.
04/16/2015
UBS Said to Begin Review of Australia Wealth Business
UBS Group AG is undertaking a review of its Australian wealth-management business that may lead to a sale of the unit
04/16/2015
Half of DBS jobs now outside Singapore as bank ramps up regional recruitment
Looking for a job at DBS? You should search right across Asia, not just in Singapore.
04/16/2015
Banks leverage off private wealth arms
Banks in Asia have been leveraging off their private banking arms to generate investment banking deal flow
04/16/2015
Wealth managers, private banks must re-invent according to shifts in client demands: Report -
Deloitte and Efma released a new white paper last month, detailing the results of a survey conducted among over 60 executives from wealth management institutions, family offices and private banks across 26 countries.
04/16/2015
UBS reviewing wealth management business in Australia
Swiss global financial services firm UBS AG is reportedly reviewing its wealth management business in Australia
04/16/2015
Appetite for Luxury in Vietnam: A Lucrative Market for High-End Products
But not only the uber-rich are on the rise: according to Euromonitor International more than 100,000 Vietnamese in 2013 had a disposable income of more than US$75,000 per year
04/16/2015
Qatar Executive is growing its international footprint by targeting corporations and the fast-growing number of high net worth individuals in Asia
Qatar Executive has adjusted its inflight experience to match the taste of the Asian executive and private traveller. For example, customers can request to be served by Mandarin and Cantonese speaking VIP cabin attendants, who are familiar with local cust
04/15/2015
Deutsche AWM cuts A-share ETF fees
The ETF in question, launched in January last year, is one of the largest physical China A-share ETFs listed in Europe, with over 600 million euros ($632 million) in assets.