Wealth and Asset Management

02/06/2015

Manulife merges AM, wealth units in Asia

The insurer's merger of its asset and wealth management divisions in the region is seen as an effort to cut costs and boost efficiency, following similar moves by banks in recent years.

02/02/2015

NAB on hunt for new head of Asia

NATIONAL Australia Bank is on the hunt for a new head of Asia after the exit of the key executive leading its push into the region.

02/01/2015

Asia's rich outpace growth in private bankers

"There is a serious talent gap problem because Asia, particularly China, has a lot of increasingly wealthy people who need private bank services," he said. "However, most private banks traditionally based their biggest teams in the US or Eu

01/30/2015

Why Is Singapore Full Of Millionaires?

Singapore is arguably the Asia Pacific centre for private banking, one of many niches it has carved out of Hong Kong’s capital markets dominance over the last 10 years

01/29/2015

Thai distributor trio seek more fund houses

Kasikornbank, Krungsri Bank and Phatra Securities are looking to add more third-party products to their private bank platforms as domestic demand rises for offshore exposure.

01/29/2015

JP Morgan, JETRO to help promote Mumbai as financial centre

Maharashtra’s plans to promote Mumbai as a global financial centre have received a shot in the arm as Wall Street firm JPMorgan Chase & Co. and the Japanese government arm Japan External Trade Organization agreed to partner with the state govern