06/20/2014
DBS banks on regional growth
Citing rising consumption and global relevance, the Singapore-based lender outlined its Asian growth strategy at its first-ever Taipei conference
06/20/2014
Citing rising consumption and global relevance, the Singapore-based lender outlined its Asian growth strategy at its first-ever Taipei conference
06/20/2014
As part of Westpac, the oldest bank and company in Australia, we understand the value our clients place on trusted expertise
06/20/2014
Winning the Outstanding Institution ($10m - $50m) Award means Westpac Private Bank has been singled out as the organisation best able to cater to the needs of high net worth individuals
06/19/2014
Asia's wealth spurs competition for private bankers: Citi
Asia is particularly competitive for bankers
06/19/2014
Baoshang Bank launches online wealth management platform
Traditional banks are under huge pressure from the liberalization of interest rates
06/19/2014
The family business of family offices
It does have a nice ring to it, doesn’t it?
06/19/2014
Cambodia elite’s taste for luxury cars highlights yawning rich-poor gap
Last week in Cambodia Rolls-Royce announced the opening of a new showroom for its cars, which are synonymous with wealth and luxury.
06/19/2014
Planners should ask hard questions to keep clients
Seventy per cent of all inter-generational wealth transfers fail
06/18/2014
UK wealth manager completes Asian acquisition
Both companies’ business models are based on "high quality face-to-face advice
06/18/2014
These stocks have benefited from the appreciation of asset prices occurring across the world as loose monetary policy reigns supreme
06/18/2014
Singapore Keen to Bolster Wealth Management Sector Through Family Offices
An announcement on the increasing number of family offices set up in Singapore last week highlights how the Republic woos ultra wealthy families to manage their wealth, says Singapore Incorporation.
06/17/2014
China has laid out a map to reform its asset management industry—one that analysts say could one day give foreign money managers more control of local joint ventures managing Chinese retail investors’ money.
06/16/2014
Wealthy Asians are increasingly wary of letting banks look after their money and would rather use smaller asset managers instead
06/13/2014
SMBC Trust Bank to expand services for Japanese HNW's
SMBC Trust Bank Ltd. seeks to boost headcount from 170 through hiring as well as transferring staff from Sumitomo Mitsui’s core banking unit, Executive Director Chiharu Yamada said in an interview on June 11.
06/13/2014
Nomura launches new Wealth Management business division
A new Wealth Management business division will be established within the firm’s Retail division, integrating the current Japan Wealth Management Group with the Asia Wealth Management business.
06/11/2014
Geneva’s oldest bank Seeking 20% Asset Growth in Asia
Asian assets at Geneva’s oldest bank, which employs 40 private bankers and manages $8 billion in the region
06/11/2014
Nomura Asset Management launches in Middle East
The firm also manages GCC stocks through its Arabian fund which was first distributed to Japanese retail investors in 2007 as well as its Frontier and Emerging Market funds, and maintains a positive long term view on the region.
06/10/2014
Malaysia has announced a raft of measures to strengthen its capital markets, including steps to facilitate the entrance of foreign firms to the local asset management industry.
06/10/2014
Couple that with a region now experiencing greater economic pressure than it has for many years, and the outlook could appear grim.
06/10/2014
China Riches Fuel Asia as World Wealth Tops $150 Trillion
"In nearly all countries, the growth of private wealth was driven by the strong rebound in equity markets that began in the second half of 2012," the firm said in its report.