11/26/2014
Wealth-X Raises Growth Capital From Insight Venture Partners To Accelerate Expansion
Investment Highlights Opportunity to Market Products and Services to Ultra Affluent Consumers
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.
11/24/2014
80% of China’s Rich Send Their Kids for Studies Abroad – Hurun Report
In the latest World Ultra Wealth Report released last week, China was ranked third in the total number of Ultra-High Net Worth individuals in 2013.
11/23/2014
Aye Aye Win, deputy director-general of the Small and Medium Enterprises Development Center, said a total of $50 million in capital had been secured by the ministry and would be loaned out through its Small and Medium Industrial Development Bank (SMIDB) n
11/21/2014
Alarm for Singapore bonds as private bank bid falters
Signs that wealthy private banking clients are reining in their appetite for Singapore dollar bonds could spell trouble for the small and medium-sized companies that are streaming to the city's capital markets.
11/20/2014
Foreign passports play role in slowing growth in the ranks of China's rich
Report says many Chinese move abroad and take up another nationality
11/20/2014
Private banks in Hong Kong are in an expansionist mood
Financial markets liberalisation in China and the growth of private wealth in the country are driving demand for private bankers in Hong Kong, a city where rich Chinese typically park a proportion of their assets.
11/20/2014
Asia's ultra-rich are getting even richer with their assets growing on average nearly six percent in 2014 across the region.
11/19/2014
Bucking a trend for private banks
The Swiss private bank and ABN Amro subsidiary are both adding fund houses to their platforms, but following different approaches for doing so.
11/19/2014
The rise of the ultra-rich in Asia is sparking the emergence of bespoke wealth management services for affluent families
According to industry observers at a conference on Tuesday, such services set themselves apart by tailoring their offerings to suit the specific needs of rich families.
11/18/2014
NAB executives are poorer by $44m
The only substantial winner this year was Mr Joiner’s successor
11/18/2014
Family wealth is big business
One area they are focusing on is family offices, which are structures set up specifically to manage a family's wealth
11/18/2014
Beginning of the end for Genesys
Steele said that for firms which opted to stay with AMP, the intention was to minimise disruption to their business, for the benefit of both advisers and their clients.