12/04/2014
Biggest Bank in U.A.E. Targets Wealth Management
National Bank of Abu Dhabi PJSC, the biggest United Arab Emirates bank by assets, expects to expand its money management business abroad to tap growth in emerging markets.
Wealth and Asset Management
12/04/2014
The “new” way of working that’s slowly starting to shake up banking careers in Asia
Private bankers in Asia may eventually find that their careers are focused more on providing financial advice and less on flogging financial products – and this may make it easier for them to move firms.
12/04/2014
Jersey strengths showcased to key Asian advisers in inaugural Roadshow series
Jersey’s strengths as a centre for wealth management, company listings and fund servicing were showcased to over 500 stakeholders in key Asian markets last month, through Jersey Finance’s inaugural Asia Roadshow.
12/04/2014
The “new” way of working that’s slowly starting to shake up banking careers in Asia
Private bankers in Asia may eventually find that their careers are focused more on providing financial advice and less on flogging financial products – and this may make it easier for them to move firms.
12/03/2014
DBS Said to Work With Citigroup to Study Possible Coutts Offer
DBS Group Holdings Ltd., Southeast Asia’s largest lender, is working with Citigroup Inc. as it studies a potential bid for the international business of Royal Bank of Scotland Group Plc’s private bank
12/02/2014
Aberdeen Asset Management Stands by Embattled Standard Chartered
Aberdeen owns 7% of the bank
12/02/2014
CIMB vies for affluent bancassurance clients
Publicly listed lender CIMB Niaga, part of Malaysian financial conglomerate CIMB Group, expects its affluent customers to help boost fee-based income from bancassurance in 2015 as the bank plans to strengthen its protection insurance segment.
12/02/2014
China's fourth-richest man seeks expansion with $6 billion IPO of Dalian Wanda property unit
China's fourth-richest man with a net worth of $13.2 billion
12/01/2014
Old money chases the new, new thing – again
Tech bubble worries shadow markets
12/01/2014
Hong Kong's future as financial hub under threat from mainland China
Hong Kong will have to reinvent itself again because it underestimated mainland's ability to evolve
12/01/2014
Barings awarded RQFII status
The asset manager received a quota under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.
11/30/2014
The HSBC Way to Alternatives Investing
This was a viable option, Lee says, because by then, post-2008, the hedge fund industry had been prodded by regulators, as well as investors, into becoming more transparent.
11/30/2014
Singapore steps up as a global wealth capital
City-state increasingly seen as a regional ‘centre of expertise,’ says Canadian who heads up BMO private banking there
11/30/2014
Asia’s rich call in family offices to manage wealth
Given the scale of wealth in Asia in value and numbers of rich families it would seem reasonable to assume that family offices are entrenched in the region.
11/30/2014
Coutts launches pilot scheme that enables customers of the bank to video call their advisor
Customers will be able to speak to several advisors from across the Bank simultaneously and also invite other parties such as joint-account holders additional account signatories or even external professionals to join.
11/28/2014
LVMH woos private banks to bag A$ debut
RBC Capital Markets led the A$150m ($128m) five year EMTN transaction, which was priced last Friday in line with guidance at 55bp over mid-swaps.
11/27/2014
New multi-family office opens new branch
The Mumbai-based multi-family office is eyeing a branch in Bangalore to add to its existing three and plans to build a platform linking European and Indian FOs.
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
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 aims to double revenue in Asia by 2019 - Business Times
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.