Managers of Wealth Asia Pacific

HSBC profits dip as wealth management revenues fall

HSBC, Europe’s largest bank, said first-quarter profit fell 20 per cent, as gains from asset sales dwindled and investment- banking revenue slipped.

UBS Wealth Management profits up

BS delivered a solid first-quarter performance despite a volatile operating environment. Every one of UBS's business divisions and regions was profitable, reflecting the firm's successful strategy and the strong positions it has created both fro

Foreign banks exiting wealth management biz in India

Foreign banks are exiting the wealth management business in India as they find the market too small and unprofitable in the long run given the stiff regulations.

Global citizenship catching fancy of super-rich in India, China: Report

Global citizenship is becoming popular among the world's ultra wealthy and an increasing number of super-rich from Asia's two giants China and India are likely to trend this path in the coming years

Leading ME bank Launches Global Wealth Management Service In Singapore

One of the leading banks in the UAE is expanding its Consumer Banking Group services globally, and has announced that it is now offering its Global Wealth Management Service in Singapore.

CEO behind potential merger talks on deal

Vow Financial chief executive Tim Brown has confirmed wealth management company Yellow Brick Road's ASX report regarding market speculation.

Platform error forces NAB to pay further compensation

A review of NAB Wealth's Navigator platform has revealed that the bank made a mistake when calculating compensation to 43,000 clients in 2012.

Australia: New reports to stir financial planning perfect storm

Rantall said that financial planning will continue to be in the front pages of the newspapers

India: Private wealth managers a divided lot on election play

Whether or not to take the plunge into equities ahead of the election results is the dichotomy facing private wealth managers.

Labuan IBFC targets up to 12,000 firms by year-end

Having breached the 10,000 mark for the number of companies at the end of 2013 to 10,638, Labuan International Business and Financial Centre is hopeful of growing the number further by 9% by the end of this year.

Certitude selects BNP Paribas

Certitude Global Investments has handed BNP Paribas Securities Services a key mandate.

US-based wealth management giant closes financial planning division in India

The spokesperson clarified that only the financial planning arm of the company was being shut down

Wealthy Chinese investors stage protest over trust default

For millennia China’s poor and downtrodden have taken their grievances to the capital to seek redress from their rulers.

ANZ wealth division profits up 11%

ANZ Smart Choice Super now has over 270,000 customers

Netrwealth to Launch Managed Account Service by Q3

Netwealth is developing a comprehensive managed account service

YBR adds 13 branches to its network

The group has given so far 70 accreditations for credit and personal advice, 37 for credit and general advice (simple life insurance and savings), 40 for credit advice only and 30 for personal advice only.

India: Edelweiss Financial Services buys asset management firm

The asset management space is slated to grow rapidly with increasing economic prosperity

Labuan IBFC surpasses 2013's target

We would like to maintain this growth this year

30 artists’ works will compete for Sovereign Asian Art prize sponsored by Bank Julius Baer

The Sovereign Art Foundation have unveiled an exhibition of the 30 shortlisted finalists for the 10th edition of The Sovereign Asian Art Prize, sponsored by the leading Swiss private banking group Bank Julius Baer.

Standard Chartered lights up Victoria Harbour

Strategic location along the coastline together with the amusing animation on the largest video wall in HK will definitely capture the eyeballs of both locals and tourists

Wealth and Asset Management