10/31/2013
Financial regulator and politicians on Guernsey delegation to China
This latest delegation will further enhance the progress we have made
Wealth and Asset Management
10/30/2013
EWM Group launches new philanthropy division
Queensland-based multi-family office EWM Group has established a new philanthropic division to cater for the ever-increasing giving needs of Australian high net worth clients.
10/30/2013
No clear rules for family trusts: UBS
Setting up a family trust using wealth management services on the Chinese mainland is still not an option
10/30/2013
Bonus Increases Expected by the Financial Workforce
With bonus reviews now high on the agenda, eFinancialCareers polled over 4,500 financial professionals across seven markets to understand their bonus expectations.
10/30/2013
BNP Lures Asian Millionaires to Counter Asset Management Outflow
“Asset growth was supported by strong net collections in Asia and Europe,” Vincent Lecomte, co-head of wealth management, said in an e-mailed response to questions today.
10/29/2013
Barclays sees adjusted profit before tax fall by 20% to £4.9bn
Investment Bank income was down 7%
10/28/2013
UBS profit beats forecasts, sees more litigation charges
UBS’s third-quarter adjusted¹ profit before tax of CHF 484 million achieved in a challenging environment
10/28/2013
Wealth division contributes to strong ANZ result
The global wealth division saw a 6% increase in net funds management and insurance income year-on-year, as well as a 2% reduction in operating expenses along with a favourable non-recurring tax benefit.
10/28/2013
Standard Chartered says profit growth up by low-single digit so far this year
Stanchart's shares have been hit by concerns about a slowdown in Asia derailing its decade-long growth.
10/28/2013
Labuan IBFC Aims To Attract High Net Worth Individuals From Asia Pacific
The Labuan International Business and Financial Centre is aiming to attract greater interest from high net worth individuals from the Asia Pacific for its wealth management business.
10/27/2013
Wealth management challenges and opportunities in Asia
A better understanding of the region, its nuances and opportunities is vital.
10/27/2013
Single middle managers better in wealth management, survey reports
This is a key finding in Fidelity Worldwide Investment’s survey on wealth management by singles.
10/27/2013
Singapore’s wealthy help drive global property demand
Private investors have turned to real estate as a "safe haven" for wealth preservation
10/27/2013
Standard Chartered competes roll out of corporate actions platform
Standard Chartered has completed the rollout of its corporate actions platform across 39 countries in Asia, Africa and the Middle East
10/26/2013
Fami Targets P20-billion AUM for Next Year
Taking care of the wealth of Filipino savers and ensuring the funds generate even more value for clients is the goal the First Metro Asset Management Inc. has set for itself for 2014.
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.
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