Managers of Wealth Asia Pacific

Singapore's Temasek to be 'model' for SOE reform

China will learn from Singapore's Temasek Holdings Pte Ltd, using the government investment corporation as a model for the reform of asset management

BBY to Hire More Than 100 Australian Private-Wealth Staff

BBY Ltd. plans to double the number of staff in its unit catering to individuals this year, seeking to boost revenue from Australia’s A$1.6 trillion retirement savings industry.

Selling dreams: 38 Indian millionaires have moved to UK since 2008

The MAC’s recommendations are usually accepted and implemented by the Home Office

Trends in China’s Wealth Management Industry

Celent projects that China’s wealth management market will hit US$12 trillion in assets by 2014. After 10 years of rapid growth, the market now faces a turning point as disruptive entrants and a more open environment challenge the incumbents.

Standard Chartered retains auditor

Standard Chartered has chosen to retain KPMG as its auditor following a tendering process which was expected to lead to a change.

Vistra Singapore wins 'Trust Company of the Year' Award

Vistra Singapore has received an award for 'Trust Company of the Year' at the Citywealth International Financial Centre Awards held on 23 January at the Grange City Hotel in London.

British wealth advisor Anton Casey leaves Singapore for Perth after 'poor' remark

A SINGAPORE-BASED British wealth adviser who set off a firestorm by publicly insulting Singaporeans who have to rely on public transport has "parted ways" with his former employer, the firm says.

Standard Chartered boss says takeover talk is "rubbish"

Standard Chartered's chief executive said takeover talk that has resurfaced around his bank after recent problems is "rubbish" and the Asia-focused lender's prospects remain strong.

Credit Suisse Bonuses to Include Bonds That Can Be Wiped Out

A representative for Zurich-based Credit Suisse confirmed the memo’s contents.

Trends in international versus domestic wealth management M&A

This is the most authoritative look at consolidation activity in the global wealth space.

A Porsche-driving British wealth manager offends with ‘stench’ quip

I wish for nothing more than to be forgiven for my poor judgement

‘Challenges remain’ for CIMB group

CIMB Group Holdings Bhd is expected to see its recently acquired banking business of Royal Bank of Scotland Group plc’s Asian operations to only break even in second-half of this year.

Advisers should train to fight tax evasion: FPA

The Australian Transaction Reports and Analysis Centre should train financial advisers on identifying and avoiding cases of tax evasion and money laundering, the Financial Planning Association said.

RCBC benefits from tie-ups with foreign lenders

The Rizal Commercial Banking Corp.’s partnerships with foreign lenders have proven to be more effective than putting more investments in subsidiaries abroad

DBS in talks to buy private bank

It was unclear how much Southeast Asia's biggest lender would be willing to pay for the bank, but previous estimates from financial sources have valued it at between $300 million and $400 million.

InDIA: Big private sector banks eye rural rich

The banking group, which is renowned for taking the cream of the clientele, has found a new one - the rural rich.

UBS, the chairman’s daughter, and a row over bank connections

She may only be a junior banker but Joyce Wei has caused quite a stir in the past few days in the Hong Kong capital markets.

China 'FATCA' obliges mainland residents to declare offshore assets

China’s new reporting offshore asset reporting requirements affect individuals residing in the country for more than a year, and corporations registered in China.

Standard Chartered back atop takeover target list

Now this UK-based commercial lender specialising in Asia, Africa and the Middle East is back at the top of the list for many investment bankers and analysts as the most likely target of a big banking takeover.

Alpen Asset Advisors to service HNW's in the Middle East and South Asia

Alpen Asset Advisors is an associate of the Investment Bank, Alpen Capital which has an extensive presence in the GCC and India.

Wealth and Asset Management