01/31/2014
The Australian Prudential Regulation Authority's research exercise into the operation of the committed liquidity facility has thrown up an intriguing and even alarming issue for the banking industry.
01/29/2014
China will learn from Singapore's Temasek Holdings Pte Ltd, using the government investment corporation as a model for the reform of asset management
01/29/2014
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.
01/28/2014
The MAC’s recommendations are usually accepted and implemented by the Home Office
01/28/2014
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.
01/27/2014
Standard Chartered has chosen to retain KPMG as its auditor following a tendering process which was expected to lead to a change.
01/26/2014
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.
01/25/2014
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.
01/24/2014
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.
01/24/2014
A representative for Zurich-based Credit Suisse confirmed the memo’s contents.
01/24/2014
This is the most authoritative look at consolidation activity in the global wealth space.
01/23/2014
A Porsche-driving British wealth manager offends with ‘stench’ quip
I wish for nothing more than to be forgiven for my poor judgement
01/23/2014
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.
01/23/2014
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.
01/23/2014
The Rizal Commercial Banking Corp.’s partnerships with foreign lenders have proven to be more effective than putting more investments in subsidiaries abroad
01/22/2014
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.
01/22/2014
The banking group, which is renowned for taking the cream of the clientele, has found a new one - the rural rich.
01/22/2014
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.
01/22/2014
China’s new reporting offshore asset reporting requirements affect individuals residing in the country for more than a year, and corporations registered in China.
01/21/2014
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.