11/04/2012
The British bank typically defines such clients as those who have $25 million invested with the bank, and who are thought to have assets of at least $100 million; the industry refers to such clients as the ultra-high net worth (UHNW) category.
11/04/2012
However, the bank said underlying profits in the quarter had increased.
11/01/2012
The French asset manager brings its multi-boutique offering to the territory, adding to its five other Asia-Pacific offices.
11/01/2012
The bank's net profit surprisingly exceeded its second-quarter figure as well, bolstered by strong fee and commission income amid gains in investment banking and wealth management.
11/01/2012
Do brands diversifying into watches and jewellery risk diluting their image?
10/31/2012
BNZ CEO Andrew Thorburn said: "This is a strong result for BNZ, underpinned by sound fundamentals, and ensures BNZ can go on making a very significant contribution to the New Zealand economy.
10/31/2012
Tata Mutual fund will use its network to tap high net worth investors across the country
10/31/2012
China is Asia’s most important high-net worth (HNW) market contributing to over 50% of the region’s growth by 2015.
10/30/2012
HongKong Shanghai Banking Corp is restructuring the consumer banking and wealth management business of its India operations, a top executive told ET.
10/30/2012
“The new bank focusses on being a universal banking model in the Netherlands.”
10/30/2012
NAB has announced an annual profit decrease of 21.8%, but its wealth division has proven to be one of the year’s star performers.
10/30/2012
To meet the diverse needs of customers, the high net-worth customers in particular, the Centre provides a comprehensive range of professional and premier Wealth Management services.
10/29/2012
This comes as bad debt levels begin to rise from near record lows across Asia.
10/29/2012
Senior distributors recognise the need to drive fund penetration in Asia. The big question is how they can work together more efficiently to make the industry more appealing.
10/29/2012
UBS AG, Switzerland’s biggest bank, boosted its profitability goal and announced plans for about 10,000 job cuts as Chief Executive Officer Sergio Ermotti scales back the investment bank to focus on wealth management.
10/29/2012
UBS Australia has escaped the purge of global employees by the Swiss lender, with no local jobs expected to go in one of the biggest culls of banking jobs since the implosion of Lehman Brothers in 2008.
10/29/2012
“I think pay takes up a disproportionate amount of boards' time,” BlackRock's head of corporate governance and responsible investment for Asia Pacific, Pru Bennett, said, according to The Australian.
10/29/2012
Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.
10/29/2012
Wealth generated in countries rich in natural resources helped three countries stake their claims with Kuwait, Norway and Brunei taking their places among the top 10.
10/28/2012
Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.