12/09/2013
Wealth management products total RMB9.9tn in China
China's wealth management products totaled 9.9 trillion yuan as of the end of September
Wealth and Asset Management
12/09/2013
Bahamas looks to strengthen ties with China
The Bahamas says it is looking forward to strengthening its relationship with the People’s Republic of China across a wide-range including trade, technical exchange, education and tourism.
12/09/2013
Bank of Montreal Private Banking Firms Honoured by Global Brands Magazine in Multiple Geographies
The Global Brands Awards are given to identify, acknowledge and reward key players that provide exceptional service and performance across different countries and sectors, including finance, education and technology.
12/07/2013
Malaysia’s Banks Need New Lure To Hook Region’s ‘Secret Millionaires’
According to CIMB’s head of private banking, Carolyn Leng, much of this vast wealth was often tied to where these “secret millionaires” began their roots, away from the glitz and glamour of the urban areas, and forcing banks to dig benea
12/07/2013
Top 5 Most Expensive streets in the World
Ever wonder where the ultra-rich live? A list of world's most expensive streets has been revealed by Billionaire
12/04/2013
Standard Chartered warns of fall in operating profit
Wealth Management income is up by a low single digit percentage year on year.
12/04/2013
International law firm expands Asian Wealth Planning Practice
The population of HNWIs in Asia continues to grow as their collective wealth reached USD3.68 million last year, an increase of almost 10% on the previous year.
12/04/2013
RBC reports record earnings in Wealth Management
Record earnings in Wealth Management, up 18%
12/04/2013
StanChart reports theft of 647 private bank clients' statements
Standard Chartered Bank said it has been notified by the police of the theft of 647 of its private bank clients' monthly bank statements.
12/03/2013
Asian asset managers more optimistic on pay, bonus and headcount in 2014
Bonus in wealth management and alternative fund management is forecasted to go up by around 5% due to increase in asset under management and hiring in Asia.
12/02/2013
Property provides rich pickings for Asia's elite
Despite a price tag of more than $100 million, an office building in Elizabeth Street in Sydney's central business district attracted bids from ultra-high net worth Asians.
12/01/2013
Wealth Firm Strikes Partnership With Indian Broker
Xcap, an independent Wealth Manager, Has Entered a Relationship with a broker in India to make its products available to the nation's investors.
12/01/2013
Azim Premji may hike stake in JM Financial
As JM Financial awaits RBI view on its bank licence plea, market is abuzz with talks of billionaire Azim Premji buying additional 5% stake in the company
12/01/2013
Manulife partners with Kasikorn Bank to target HNW customers
-Tie-up is expected to expand and strengthen Manulife Asset Management fund distribution network and build awareness of its compelling investment products.
12/01/2013
World of wealth
Rich Asians need more diversity of choices and eased regulations to help them make the most of their fast-growing investable assets.
12/01/2013
Amarchand, Vaish help Macquarie exit Religare wealth management JV
Amarchand Mangaldas Mumbai corporate partners Ashwath Rau and Aysswarya Murthi acted for the Macquarie Group
12/01/2013
More M&A deals expected in Asia's private banking sector
Banks including DBS, ABN Amro and Credit Suisse are said to be among the final list of bidders for Societe Generale's Asian private bank.
11/28/2013
Rothschild on Buildout in HK Hub, Eyes Singapore
Edmond de Rothschild is boosting its private banking capabilites in Hong Kong, and will look to add 10 staff in the next 12 months.
11/28/2013
MPF Assets Continue to Grow Amid Unpopularity
Fund expense ratios in Hong Kong's compulsory retirement scheme lack clarity
11/27/2013
ING Direct To Target Advisers With New Model
ING Direct is reinforcing its third party distribution team to market the bank's products to financial advisers.