03/21/2014
CIMB-Principal Asset Management Bhd is targeting to grow its assets under management in the country to US$13 billion (RM42 billion) this year, from US$12 billion now, said its CEO Munirah Khairuddin.
03/21/2014
Wealth business eyes aggregator acquisition
The franchise group announced it had targeted an aggregator, a mortgage manager and a “consumer product rating and lead generation group
03/21/2014
BMO Private Bank Asia Named Best New Private Banks in Hong Kong and Singapore
BMO's private banking operations in Asia acknowledged for innovative products and services, ability to meet client and business needs, and comprehensive financial and investment solution
03/21/2014
DBS Bank is aiming to expand its small and medium-sized enterprise banking business beyond Singapore and Hong Kong this year.
03/20/2014
NAB Sees Recouping Wealth Management Market Share in 2 Years (1)
National Australia Bank Ltd. expects to recoup lost wealth management market share in two years by selling more retirement products and making better use of the bank’s retail network.
03/20/2014
The campaign, which runs until June 30, will be presented across television, print and OOH.
03/20/2014
The private banks that are hiring in Asia right now
If you’re looking for a job in Asian private banking but you’re sick of working for a major multinational, both boutique European firms and expanding Asian banks are staffing up on relationship managers in Singapore, the region’s private
03/20/2014
HNWs invest heavily via SMSFs
High net worth investor numbers have climbed by nearly 10 per cent in 12 months, with a third of their collective $1.39 trillion in assets via SMSFs
03/20/2014
Its large size makes the high net worth non-resident Indian market an attractive target,
03/19/2014
Hong Kong based wealth management and family office services firm sells interest back to the previous private owner
The firm has over 14,000 clients across Hong Kong, Taiwan, mainland China, Singapore, Australia, Malaysia, the Philippines and Indonesia
03/19/2014
National Australia Bank Ltd. expects to recoup lost wealth management market share in two years by selling more retirement products and making better use of the bank’s retail network.
03/18/2014
Infocus Wealth Management moves to 100% independent ownership
This significant development means Infocus is now one of the few truly independent wealth management firms operating in the market.
03/18/2014
This allows us to further develop our asset management business and enhance our core competitive advantage
03/17/2014
DBS to Buy Societe Generale's Private Banking Business in Asia
Further to the transaction, Societe Generale announces that it has entered into a memorandum of understanding with DBS to develop a commercial partnership combining the strengths of the two franchises for the benefit of their respective clients.
03/17/2014
Premium Wealth gains momentum with new member
Peter designed Australia's first online Masters in Financial Planning degree program, fully accredited by the FPA in 2001.
03/17/2014
HNW adviser starts real return investment association
ARRIA held its first round table in Sydney in February and its members will be meeting quarterly, Reid told Financial Standard.
03/17/2014
The Asset Management Association of China issued licenses to the first batch of 50 private equity firms on Monday, allowing them to legally offer asset management products
03/14/2014
They joined Swiss private bank J. Safra Sarasin in early March, and sources say more are expected to follow from BoS's NRI teams in Dubai and Singapore.
03/14/2014
Australasian Wealth Investments making big moves in financial services space
An investment company which bought 49 per cent stake in van Eyk Research last year is planning to spend another $1 million on a financial services start-up.
03/14/2014
Singapore’s DBS Group Holdings is near an agreement to buy the Asian private banking business of French bank Société Générale SA in a deal valued at around $250 million