06/02/2014
Standard Chartered unit pursues South Korea growth despite loss
Subsidiary last year swung to an operating loss of $162m — compared with a profit of $164m in 2012
Wealth and Asset Management
06/02/2014
Wealth-X Expands Its Product Portfolio With Launch Of WEALTH-X DILIGENCE
New Solution Brings Together Wealth Intelligence And KYC To Enable Businesses To Meet Compliance Needs And Mitigate Risk
05/30/2014
Rich Asian investors enjoy trading: Barclays Wealth
Rich Asians like to trade, especially in foreign exchange and derivatives, and they do it well
05/29/2014
Willis' expands Global Wealth Solutions practice
"Receiving regulatory approval is a key milestone in this process and we are grateful for the assistance of the Monetary Authority of Singapore.
05/29/2014
Funds, private banks corner biggest share of offshore RMB investments
Returns of offshore renminbi bond are deemed not attractive
05/28/2014
Big financing demand from HNWIs
Credit Suisse's Q1 net new lending in Asia Pacific was 30% of its total loans in emerging markets
05/28/2014
Senior executive at Macquarie Group used fake email to get secrets
The email's details show it originated from the computer of a junior marketing employee at Macquarie Funds in London
05/27/2014
BNY Mellon Sells 49% Stake in China Joint Venture
The deal is subject to approvals from relevant government agencies
05/27/2014
WB Financial launches SMA service with Praemium
The group is also developing a new self-managed super fund (SMSF) compliance tool with Praemium
05/26/2014
Private banks seek to cash in on wealth management
Home grown private lenders lining up offers to woo their customers with priority and privilege banking options
05/26/2014
Asian millionaires turn to independent wealth advisers
Six years after the crisis, a growing number of Asia’s millionaires are turning to independent wealth advisers, who offer professional advice for a fee much like doctors and lawyers do.
05/26/2014
Praemium expands Asian reach
Dah Sing Bank was established in 1947 and its subsidiaries
05/26/2014
Banks structured to deliver poor advice
Something odd occurred last week, something that almost never happens in business, let alone financial planning
05/23/2014
US bank in talks with the Chinese wealth management company to sell JV
The deal is expected to be finalised very soon
05/23/2014
Individual Investors in Hong Kong, China Turn Cool on Shun Property
Activity in the property market is falling off
05/23/2014
Malaysia's Maybank launches $305 mln Japanese bonds
The bond is part of a $5 billion multi-currency medium-term note programme
05/23/2014
Financial Times To Host 3rd Asset Management Summit In Hong Kong
The 3rd annual Financial Times Asset Management Summit will be held on June 19 in Hong Kong.
05/22/2014
Barclays to Credit Suisse Shrink Singapore Space
Banks reduced staff and hired fewer people
05/22/2014
Australia: Deutsche Bank local arm swings to profit
Deutsche Bank’s Australian arm has returned to profitability after cutting costs, providing new country head James McMurdo a platform for growth
05/22/2014
Malaysia's CIMB posts record net interest income in Q1
Southeast Asian banks have been on a roll, benefiting from booming property markets and double-digit growth for both consumer and corporate loans in rapidly expanding economies like Indonesia, Singapore and Thailand.