10/23/2013
Credit Suisse Net Climbs 79%
Net income rose 79 percent to 454 million Swiss francs ($509 million) from a year earlier as an accounting charge related to the bank’s own debt wasn’t repeated, the Zurich-based bank said today.
Wealth and Asset Management
10/23/2013
Watchdog sets sights on Baidu wealth management
China's securities watchdog said on Wednesday it will examine the compliance of Baidu Inc's financial business after the company announces details of its online wealth management products.
10/23/2013
Ex-Bankers Following Swiss Gain Traction Advising Asian Rich
Independent asset managers may at least triple the funds they oversee in Asia as demand for specialized products rises
10/22/2013
Property most popular investment among Asia's wealthy families: survey
Trophy buildings are the favourite real estate investment for wealthy Asian families despite concern the market in the region could be overheating
10/22/2013
Private banks ‘boring but important’, say family offices
This was among a wide range of findings in the UBS/Campden Wealth Asia-Pacific Family Office Survey 2013
10/22/2013
Edmond de Rothschild AM seeks Asia partner
The Paris-based firm is seeking a distribution partner to help boost its AUM by over a third in Asia, as it prepares to launch a new Luxembourg fund.
10/18/2013
How to manage risks and grow family wealth
Wealth owners have come to associate risk with volatility.
10/16/2013
Japanese Millionaires’ Number Going Down
Japan lost 1.3 million millionaires within only one year, between June 2012 and June 2013
10/16/2013
JBWere appoints new Chief Investment Officer
He will also oversee the tactical asset allocation, product and security selection for JBWere's private wealth management, institutional and not-for-profit client portfolios.
10/16/2013
Jersey increases activity in mainland China
Jersey strategically well positioned to maximise opportunities in mainland China
10/16/2013
Morgan Stanley wealth management boosts Asia team
He most recently served as managing director and head of investment funds, sales and distribution at UBS Private Bank Hong Kong
10/16/2013
Mauritius-based Foreign Investors Face Tougher Norms
Foreign institutional investors funds and other entities which invest in India via the Mauritius route will soon have to meet additional regulatory norms to prove that they are 'controlled and managed in Mauritius'.
10/16/2013
DBS Said to Advance in Bidding for SocGen’s Asian Private Bank
Societe Generale picked about five suitors to study the unit’s finances after they made initial offers
10/15/2013
High hopes for private banking in Japan
Wealth managers eyeing opportunities in Japan could have done without last week’s dressing-down of Tokyo-based Abraham Private Bank.
10/15/2013
StanChart’s Private Bank Assets Stagnate in Wealthier Asian Hunt
Standard Chartered Plc Asian private-bank asset growth has stagnated this year as the lender focused on wealthier clients and investment returns were curtailed by volatility in regional financial markets.
10/15/2013
The 6th BNP Paribas Individual Philanthropy Awards Honours Indian and American Entrepreneurs
BNP Paribas is delighted to announce the winners of the 2013 Individual Philanthropy Awards
10/14/2013
UBS clinches back top spot from Citi Private Bank
Total AUM in Asia Pacific has increased by 16% to a record USD1,173bn in 2012, with bumper asset gains by the top three banks in the region.
10/14/2013
Chinese WMPs to be Unwound Under New Scheme
The Chinese banking regulator has proposed a scheme whereby banks will offer 'asset management plans' instead of wealth management products, which have sparked concerns.
10/14/2013
Australian Wealth Management Industry Finds The Going Is Tough
Most wealth managers face the relationship problem, that is to say if a manager leaves it is quite possible they will take their clients with them.
10/14/2013
Private Banker International announces 2013 winners for the Annual Global Wealth Awards
The PBI awards are regarded as the most credible in the industry, voted by the industry, for the industry.