Managers of Wealth Asia Pacific

Demand for private bank talent ‘near crisis point’

The shortage of relationship managers has become acute against increasing client wealth over the past five years, writes Scorpio Partnership.

No matter how you try to measure it, Asians are becoming wealthier

Asia's affluent middle class is rising rapidly as wealth in China is set to overtake Japan's by 2015

Seoul’s financial hub facing exodus of firms

The number of financial companies that have already packed up and moved out of Yeouido or are considering it has increased since the global crisis of 2008.

China should straighten out its wealth managers, says central bank

Fuelled by savers' and companies' thirst for higher returns, China's wealth management sector has exploded in recent years.

India: Private banks take a liking to debt investment banking

Private sector banks find debt market easier to get into as equity and M&As are dominated by foreign banks

Singapore predicts introduction of commission disclosure requirements

Nearly half of the insurance professionals in Singapore feel that regulatory requirements for greater commission disclosures are “very likely” to come into place over the next three years.

AMP scoops largest financial advice network

AMP CEO Craig Meller has just announced that the financial provider has cemented its position as holding the largest financial advice network in Australia and New Zealand.

Investors Criticise Standard Chartered Pay Policies

Standard Chartered PLC has come under fire from investors for its pay policies.

The Asset releases Triple A Private Banking, Wealth Management, Investment Awards rule book

The Asset has issued the rule book for The Asset Triple A Private Banking, Wealth Management and Investment Awards 2014.

Yellow Brick Road set to move on Vow

YBR's swoop is consistent with its stated intent to build a diversified wealth management group in the non-bank space across mortgages, investment and insurance products.

AMP wealth management cashflows up 72%

AMP's wealth management net cashflows jumped 72% in the first quarter to $363 million, up from $211 million for the same period last year.

NAB wealth division reports flat earnings

The National Australia Bank wealth division has reported flat earnings in the first results following the appointment of Cameron Clyne as chief executive.

Standard Chartered Q1 Operating Profit Falls

The following commentary on the Group’s first quarter performance excludes the impact of the UK bank levy, estimated to be around US$350 million for the full year, and the Own Credit Adjustment. Unless otherwise stated, all comparisons will be made

India: Groups of high networth individuals make the best of slowdown in home sales

High networth individuals are making the best of the slowdown in home sales.

Quarterly Profits at Asian real estate fund management company up 6%

The asset manager reported its first quarter earnings on Wednesday where net profit increased 6% year-on-year to S$17.8 million.

Korean Banks Struggling in Overseas Private Banking Markets

Those that have launched wealth management and private banking programs for foreign customers have already withdrawn their business, and the others are postponing their plans.

Singapore: More banks issuing exclusive credit cards

As Singapore's status as a wealth management hub continues to grow, more private banks are coming up with exclusive by-invitation-only credit or charge cards to woo the ultra high net worth individuals.

Wealth unit changes tipped to hit three of big four banks

New rules phasing out capital benefits received by ANZ, National Australia Bank and Commonwealth Bank from debt held on the balance sheets of their wealth subsidiaries are likely to dampen long-term returns

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

Wealth and Asset Management