04/11/2014
200-year-old private banking group targets Asia growth
In its push the bank has made six senior appointments in Asia, doubling its team of relationship managers to 12, with plans to employ three more people by the end of this year.
04/11/2014
UBS Wealth Management Is Expanding in Asia, Emerging Markets
UBS, the largest Swiss bank, hired 88 advisers this year
04/10/2014
Equity Trustees is Australia’s largest independent trustee services company and the ANZ said its trustee business is a natural fit for them in a consolidating sector.
04/09/2014
The Asian private banking industry is notorious for poaching but after a decade of waging a talent war, many institutions are changing tactics.
04/09/2014
The new fund offer of HSBC Managed Solutions opened on April 9
04/09/2014
The new recruits will be based in Hong Kong
04/08/2014
The advisors are based largely in Hong Kong and Singapore, UBS's key wealth management centres in Asia, bringing the total number of client advisors in the region to 1,120.
04/08/2014
Typically HNW individuals are active asset managers
04/08/2014
Affin to launch wealth management unit after deal
The new business, named "Affin-Hwang", would be anchored around Affin's investment advisory business as part of the bank's plan to be a top five investment bank in each if its business segments.
04/07/2014
Industry sources said that Alibaba is building an operational line
04/06/2014
IIFL Wealth Management acquires majority stake in India Alternatives Investment Advisors
Inda Alt Fund is a private equity fund registered with SEBI. It is a distinctive private equity fund with an initial commitment of Rs. 230 crore that involves primarily in mid growth stage companies.
04/04/2014
DBS’s purchase of Société Générale’s Asia private banking business could presage similar east-west tie-ups, says consultancy Scorpio Partnership.
04/03/2014
In the largest single cash donation by a corporate body to an arts institution, DBS Bank has donated $25 million to the National Gallery Singapore.
04/02/2014
The finance ministry has proposed to expand the ambit of wealth tax to include financial assets but has significantly raised the threshold for the levy.
04/02/2014
It is in line with the stated aspirations of many of Asia’s regional banks.
04/01/2014
InFocus Wealth Management was ready to comply with the full measure of the Future of Financial Advice reforms on July 1 last year.
04/01/2014
European asset management heavyweight subsidiary acquires Fund Management fixed income business
The Kuala Lumpur-based subsidiary of the European asset management heavyweight, acquired the fixed income business of Fund Management, also of Kuala Lumpur
04/01/2014
The Chinese government has granted Nordea Qualified Foreign Institutional Investor status, allowing it to trade directly in China's A-Share market through stock exchanges in Shenzen and Shanghai.
04/01/2014
The investment was done by injecting about €98.5 million ($135.7 million)
03/31/2014
India’s ultra-rich hire pros to manage personal wealth
As new millionaires emerge every year, a family office is becoming the norm rather than the exception, according to wealth management experts.