Managers of Wealth Asia Pacific

BAY keen on provincial wealthy

Bank of Ayudhya (BAY) plans to target the growing number of wealthy upcountry residents in a bid to add 3,000 to 5,000 wealth management clients this year.

Wholesale banking licence for EFG in Singapore

Swiss private bank EFG has been awarded a wholesale banking licence in Singapore, allowing it to accept Singapore dollar (SGD) deposits.

OneVentures launches second fund for HNWs and instos

Australian venture capital firm, OneVentures has launched the OneVentures Innovation and Growth Fund II, seeking to raise $100 million from institutional investors and high net worth individuals over the next 12 months.

Patni brothers to strengthen advisory firm's family office services

The partnership platform will offer family offices solutions to clientsThe partnership platform will offer family offices solutions to clients

Agricultural Bank forms asset management department

Agricultural Bank of China Ltd formed an asset management department on March 19 to develop wealth management products and manage the investment in such products, National Business Daily reported on Tuesday.

Love for banks, but not bankers

It is still far too early to highlight wealth management services as one of the banks’ biggest risks in India.

Wealth management sector key to Australian growth: Deloitte

The wealth management sector is among the list of top five most important industries to lift Australia's growth trajectory over the next 20 years

2 Filipinas among ‘25 most influential in Asia-Pacific’s asset management’

Two Filipino women are among the 25 “most influential” women in Asia-Pacific’s asset management scene, based on a list drawn up by financial publication AsianInvestor Magazine.

Swiss Private bank launches new pricing service for MAS licensed financial institutions

One of Switzerland’s leading financial institutions, has introduced a new level of price transparency and convenience to the Singapore wealth management market.

Thais top Asia in motivation for financial planning

Thais tend to be more likely to be financially motivated to build financial security compared to citizens of other countries in the Asia Pacific

EFG Bank awarded wholesale banking licence in Singapore

EFG Bank announced on Tuesday that it has been awarded a wholesale banking licence in Singapore.

Macquarie's profit to grow by up to 45 per cent

The statement said Macquarie expected full-year earnings would come in about 40 per cent to 45 per cent higher than 2013, implying the company is on track for an annual profit of as much as $1.23 billion.

The top 25 women in Asian asset management

AsianInvestor highlights the 25 most influential women who are shaping the asset management industry in Asia.

A Little-Known Australian Hedge Fund Billionaire Who Loves Marcia Hines Will Advise Australia's Financial System Inquiry

London-based Sir Michael Hintze was born in China, the grandson of White Russians escaping the Bolshevik revolution, and was educated at the University of Sydney where he studied physics and mathmatics.

Credit Suisse Eyes 500 Private Bank Job Cuts

"Credit Suisse has been working on efficiency measures for some time," said a Credit Suisse spokesperson to Reuters, without confirming the report.

CIMB-Principal targets US$13 billion AUM this year

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.

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

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

DBS Bank looks to expand SME banking business in China, India, Indonesia

DBS Bank is aiming to expand its small and medium-sized enterprise banking business beyond Singapore and Hong Kong this year.

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.

Wealth and Asset Management