12/19/2013
UBS Sells Stock Benefits Manager to Montagu Private Equity
The sale of the unit, called Corporate Employee Financial Services International, is expected to close in 2014
Wealth and Asset Management
12/17/2013
Wealth Manager Study Says Deals Surged as Prices Dropped
Buyers spent more than $8 billion since Dec. 31 as they absorbed businesses that oversee money for affluent individuals and families.
12/12/2013
Harbour Asset Management wins International Award
The International Finance magazine’s Financial Awards celebrate excellence across the international finance industry
12/12/2013
INSEAD offers Advanced Asset Management programme in Singapore
INSEAD has added a new programme to its executive education finance portfolio, launching in Singapore in June 2014.
12/12/2013
Guernsey builds on financial services reputation in India
This includes our proportionate and robust regulation that is practical and sensitive to business needs, our skilled and internationally-minded workforce and the Island’s entrepreneurial rather than bureaucratic approach to doing business.
12/11/2013
Coutts UK Head of Private Banking jumps to ANZ
He also held a number of senior leadership roles with Coutts between 1998 and 2010, responsible for leading large teams to drive long term sustainable growth in the UK wealth management business. Mr Norfolk will be based in Sydney and will commence in ear
12/10/2013
Praemium strikes deal with RBS
Praemium International Limited, a subsidiary of Australian company Praemium, has cut a deal with the Royal Bank of Scotland to provide platform services to RBS International's ex-pat clientele based in the tax haven of Jersey.
12/10/2013
Advisers risk losing clients, fail to target new ones
The study segments advised Australians into Bonded, Firm, Loose or At Risk of Leaving and found that frequent contact with clients is key to retention.
12/10/2013
Private Banks Lured by Record Yuan Yield Premium: China Credit
Chinese government bonds are offering investors record yield premiums over U.S. Treasuries, boosting demand for the yuan among private banks in Asia.
12/09/2013
Wealth management products total RMB9.9tn in China
China's wealth management products totaled 9.9 trillion yuan as of the end of September
12/09/2013
Bahamas looks to strengthen ties with China
The Bahamas says it is looking forward to strengthening its relationship with the People’s Republic of China across a wide-range including trade, technical exchange, education and tourism.
12/09/2013
Bank of Montreal Private Banking Firms Honoured by Global Brands Magazine in Multiple Geographies
The Global Brands Awards are given to identify, acknowledge and reward key players that provide exceptional service and performance across different countries and sectors, including finance, education and technology.
12/07/2013
Malaysia’s Banks Need New Lure To Hook Region’s ‘Secret Millionaires’
According to CIMB’s head of private banking, Carolyn Leng, much of this vast wealth was often tied to where these “secret millionaires” began their roots, away from the glitz and glamour of the urban areas, and forcing banks to dig benea
12/07/2013
Top 5 Most Expensive streets in the World
Ever wonder where the ultra-rich live? A list of world's most expensive streets has been revealed by Billionaire
12/04/2013
Standard Chartered warns of fall in operating profit
Wealth Management income is up by a low single digit percentage year on year.
12/04/2013
International law firm expands Asian Wealth Planning Practice
The population of HNWIs in Asia continues to grow as their collective wealth reached USD3.68 million last year, an increase of almost 10% on the previous year.
12/04/2013
RBC reports record earnings in Wealth Management
Record earnings in Wealth Management, up 18%
12/04/2013
StanChart reports theft of 647 private bank clients' statements
Standard Chartered Bank said it has been notified by the police of the theft of 647 of its private bank clients' monthly bank statements.
12/03/2013
Asian asset managers more optimistic on pay, bonus and headcount in 2014
Bonus in wealth management and alternative fund management is forecasted to go up by around 5% due to increase in asset under management and hiring in Asia.
12/02/2013
Property provides rich pickings for Asia's elite
Despite a price tag of more than $100 million, an office building in Elizabeth Street in Sydney's central business district attracted bids from ultra-high net worth Asians.