06/02/2013
Korn pointed out that China's economic achievements in the past 30 years have shown that the country has found a right path to growth and prosperity and has set a good example for other Asian countries to follow
06/02/2013
We will make an effort to increase this, which will be possible given Baring’s more diverse global product lines,
06/02/2013
The industry at the current cost-to-income ratio is not really sustainable,
06/02/2013
With a cost-to-income ratio of at least 80 percent, most private banks are losing money even as the ranks of the rich explode in fast-growing Asia,
05/30/2013
He describes the variety of institutions and instruments that operate and innovate in the shadow of China’s mammoth banks, where they are hard for the authorities to see
05/30/2013
Puri has been leading the country’s second largest private bank since 1994
05/30/2013
Swiss private bank Julius Bär is aiming to have a majority of its clients from Asia after it acquired Bank of America Merrill Lynch's private banking business outside the United States.
05/30/2013
The number of ultra-high net worth individuals (UHNW) with assets of $30 million and above in Asia has increased exponentially over the past three decades, more so than in any other area
05/30/2013
Personal wealth growth in Australia has outpaced Europe and the United States - but it lags behind Asia.
05/29/2013
As Growth Prospects Shift Toward Developing Markets, Players Must Grapple with Greater Client Demands, Tougher Regulatory and Margin Pressures, and Increasing Business Complexity, Says Report by The Boston Consulting Group
05/29/2013
China will leapfrog Japan to become the world’s second-wealthiest nation by that date and is projected to have more millionaire households than its Asian neighbor by the end of December
05/27/2013
Julius Baer starts transfer of Merrill Lynch’s wealth management business in HK, Singapore
The transfer of the businesses in Hong Kong and Singapore to Julius Baer’s existing entities is expected to double the Bank’s assets under management in Asia, thereby significantly strengthening Julius Baer’s already strong position in t
05/27/2013
About 70 percent of people in the segment still preferred to place their funds in saving and time deposit
05/26/2013
UBS to Sponsor Art Basel in Hong Kong
Terms of the deal, which is expected to be announced Monday, weren't known.
05/26/2013
Whatever their reputation, people still want to be bankers
The image of the financial industry has suffered badly in the global economic crisis, but banks have no problems recruiting graduates
05/26/2013
Credit Suisse opts to groom wealth managers
The most challenging thing in Asia is to get the right people on board
05/26/2013
Lion City cash curbs open door for HK
Hong Kong has been one step ahead in anti-money laundering regulations and has cracked down hard on tax evasion
05/26/2013
With an eye to matching Hong Kong’s wealth on a grand scale, the Chinese Communist Party adopted Hong Kong’s laissez-faire economics as a national policy
05/25/2013
A survey of NRIs shows UAE is the most preferred investment destination
05/22/2013
Private banks to outshine state-run peers: brokerage
BEST OF BANKING BUNCH:JPMorgan Securities cited Chinatrust Financial Holding Co and E.Sun Financial Holding Co as its leading picks among private banks