02/13/2015
Private Wealth division on probation for another year
The corporate regulator has put the Group's private wealth division on probation for another year after finding it needs more time to ensure compliance in all areas.
02/13/2015
The flood of high net worth individuals seeking to settle overseas has flooded immigration authorities
02/13/2015
A Sydney-based investment management company is planning to set up the first privately-owned Chinese bank in Australia
02/13/2015
Australia’s global private banks and wealth advisory firms are working closely with family offices and UHNW individuals on a wide array of alternative asset allocations in a direct effort to ensure meaningful returns, come what may, this y
02/12/2015
DBS Bank said it is contributing more than S$100 million to honour the nation's golden jubilee.
02/12/2015
Executives Spurn MBAs for Philosophy Classes; Shopping Excursions for Buddhist Meditations
02/11/2015
JTC extends global reach with Mauritius licence
As a result of its geographic location close to Africa, time zone and extensive range of double tax agreements, Mauritius has become a desirable location from which to do international business particularly into Africa and India.
02/10/2015
Swiss banks: Assets of Pakistanis appear to be exaggerated
It is not illegal to keep a foreign account if the amount is formally declared to the local revenue authorities
02/10/2015
Tips from UBS's top advisor to the super-rich
The Swiss franc was one of them until the Swiss National Bank unexpectedly abandoned the cap on the currency's value against the euro in January, causing it to appreciate sharply and hitting Swiss exporters in the process.
02/10/2015
HK beats Singapore in ranking of largest wealth managers
Switzerland kept its position as the world's largest wealth manager last year - but Hong Kong, Singapore and the United States are nipping at its heels with stellar growth.
02/09/2015
HSBC helped rich customers dodge tax with secret Swiss bank accounts
Team of journalists from 45 countries unearths secret bank accounts maintained for criminals, traffickers, tax dodgers, politicians and celebrities
02/09/2015
Standard Chartered Weighs Starting Japan Desk in Dubai
The move would help to bolster the London-based bank’s Japanese business
02/08/2015
Prediction that the nation will be third-largest economy by 2030 makes it attractive for new entrants in the business
02/06/2015
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.
02/04/2015
This partnership with Edmond de Rothschild Group adds several new dimensions to the Club
02/04/2015
Fund managers seek to capitalise on Asia family office boom
This has happened in the context of largely consistent and vigorous economic growth enjoyed by the region in recent years.
02/04/2015
Capital-protected products debut amid soft interest rate outlook
02/04/2015
The United States is the most popular country for foreign ultra wealthy individuals looking to buy secondary residences, followed by the United Kingdom and Switzerland
02/04/2015
BR Shetty, UAE-based industrialist, paid Dh45 million in 2005, to buy entire 100th floor
02/03/2015
This California suburb has become a haven for wealthy Chinese residents
As the number of Chinese millionaires continues to grow, a Los Angeles suburb has become a haven for Chinese millionaires who want to invest in US real estate.