12/02/2014
Publicly listed lender CIMB Niaga, part of Malaysian financial conglomerate CIMB Group, expects its affluent customers to help boost fee-based income from bancassurance in 2015 as the bank plans to strengthen its protection insurance segment.
12/02/2014
China's fourth-richest man with a net worth of $13.2 billion
12/01/2014
Tech bubble worries shadow markets
12/01/2014
Hong Kong will have to reinvent itself again because it underestimated mainland's ability to evolve
12/01/2014
The asset manager received a quota under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.
11/30/2014
This was a viable option, Lee says, because by then, post-2008, the hedge fund industry had been prodded by regulators, as well as investors, into becoming more transparent.
11/30/2014
City-state increasingly seen as a regional ‘centre of expertise,’ says Canadian who heads up BMO private banking there
11/30/2014
Asia’s rich call in family offices to manage wealth
Given the scale of wealth in Asia in value and numbers of rich families it would seem reasonable to assume that family offices are entrenched in the region.
11/30/2014
Coutts launches pilot scheme that enables customers of the bank to video call their advisor
Customers will be able to speak to several advisors from across the Bank simultaneously and also invite other parties such as joint-account holders additional account signatories or even external professionals to join.
11/28/2014
RBC Capital Markets led the A$150m ($128m) five year EMTN transaction, which was priced last Friday in line with guidance at 55bp over mid-swaps.
11/27/2014
New multi-family office opens new branch
The Mumbai-based multi-family office is eyeing a branch in Bangalore to add to its existing three and plans to build a platform linking European and Indian FOs.
11/26/2014
Investment Highlights Opportunity to Market Products and Services to Ultra Affluent Consumers
11/26/2014
BNY Mellon is looking to attract foreign money through a two-fold approach
The strategy is being incorporated at a time when competition is intensifying among major global banks in Asia Pacific’s wealth management sector
11/26/2014
Barclays' wealth management business in Asia is expected to double its revenue by 2019 on the back of markets with burgeoning wealth that include Japan, China, and Indonesia, the Business Times reported, citing a top executive.
11/25/2014
Medibank float spurs rich back into stockmarket
BEFORE we start thinking about how Australia’s rich invest, it’s important to divide them into the working rich and the rich in retirement — and it’s important to understand what the term rich means for investment purposes.
11/25/2014
Swiss private bank switches head gatekeepers
Swiss private bank has appointed a new head product selector for Asia
11/24/2014
Asian dynasties address wealth handover question
The survey found that only 13 per cent of the region’s billionaires owe all their fortune to inheritance
11/24/2014
Jersey eyes liquidity in Asian, Middle Eastern banks
Switzerland and Singapore, another growing offshore market, were among 47 countries that in May agreed to share tax information
11/24/2014
Largest Korean-American bank to come to S. Korea
BBCN Bank, the largest Korean-American bank that has mostly focused on ethnic Korean customers in the United States
11/24/2014
Wealthy Chinese Look Beyond The American Dream
China's rich visa-seekers are discovering alternatives to foreign investment visa schemes in the US, Canada and Australia, and are increasingly applying to Europe and the Commonwealth Caribbean.