Managers of Wealth Asia Pacific

HSBC opens high-tech flagship branch on Orchard Road

The 12,000-square-feet branch at Liat Towers has a Digital Hub that showcases HSBC's range of online banking tools

Infocus Wealth Management to merge with PATRON

The company announced today that the proposal was subject to Infocus shareholder approval but the intention was to merge in late July

Heritage buildings in Singapore given new lease of life

More banks and financial institutions in Singapore are using heritage buildings as a training ground for employees in the Asia Pacific region.

Credit Suisse named best UHNW bank in Australia

Credit Suisse has been named the most outstanding institution for its Ultra High Net Worth (UHNW) service offering ($50 million plus) at the Australian Private Banking Awards for the fourth consecutive year.

Inquiry has Macquarie Private Wealth in its sights

The report also reveals that ASIC senior executive leader for financial adviser Joanna Bird believed that Macquarie Private Wealth had "systemic failings of compliance and it had a poor compliance culture."

Rineharts defend their family trust candidates

LAWYERS for Gina Rinehart and her youngest daughter Ginia have defended the independence of the candidates they have put forward to run the family’s multi-billion-dollar trust.

BRW Rich List 2014: The 10 wealthiest people in Australia

Gina Rinehart is Australia’s richest person with wealth of $20.01 billion

KBank focuses on Laos, Myanmar for wealth push

KBank, the country’s fourth-largest lender by asset size, requires minimum assets of 10 million baht

Asian private bankers are facing increased pressure to perform

But despite the forecast growth, banks are struggling to generate enough revenue to support expensive salaries and rising regulatory costs

Standard Chartered Warns on Profit

This has been a disappointing first half, with difficult trading conditions, particularly in financial markets," Mr. Sands said

Jersey establishes Shanghai presence

These moves are a real statement of intent for Jersey in this market

Citi’s Asia client assets top the quarter of a trillion mark

This growth was driven primarily by an increase in new clients and net new funds across the bank’s full wealth continuum platform that serves clients ranging from the emerging affluent to the region’s billionaires.

Wealth management set to grow

Analysts call for tighter supervision to avoid risks

Taishin International Bank opens Singapore branch

The newly opened branch will focus on corporate banking and wealth management

AMP Capital global infrastructure fund hits $1bn

The platform offers institutional investors in the UK, continental Europe and Asia access to its listed infrastructure and real estate capabilities.

Enhanced Competency Framework for private wealth management practitioners

The Hong Kong Monetary Authority welcomes the launch today of an Enhanced Competency Framework for private wealth management practitioners in Hong Kong.

HSBC’s new wealth management

HSBC’s global research, Baidwan added, shows that there are changing views on wealth for the aspirations and lifestyles of the affluent segment and a big rise in preferred spending that is complimented by changing lifestyle habits with bigger income

DBS goes big on the affluent

It sees bigger growth opportunities in this segment than the ultra-high net worth group

UBS, Credit Suisse hold bulk of Indian money in Switzerland

There are a total of 283 banks in Switzerland, out of which only two - UBS and Credit Suisse - have been classified as 'big banks' by Zurich-based SNB

Cogent Asset Management to advise WSF Asian Pacific Fund

Cogent Asset Management has recently been granted a Shari’ah-compliant mandate to advise the WSF Asian Pacific Fund.

Wealth and Asset Management