06/03/2014
Citic Once Courting Rockefeller to Go Global in Hong Kong
The shift comes as tension is simmering over China’s role in Hong Kong’s political system
Wealth and Asset Management
06/02/2014
Standard Chartered unit pursues South Korea growth despite loss
Subsidiary last year swung to an operating loss of $162m — compared with a profit of $164m in 2012
06/02/2014
Wealth-X Expands Its Product Portfolio With Launch Of WEALTH-X DILIGENCE
New Solution Brings Together Wealth Intelligence And KYC To Enable Businesses To Meet Compliance Needs And Mitigate Risk
05/30/2014
Rich Asian investors enjoy trading: Barclays Wealth
Rich Asians like to trade, especially in foreign exchange and derivatives, and they do it well
05/29/2014
Willis' expands Global Wealth Solutions practice
"Receiving regulatory approval is a key milestone in this process and we are grateful for the assistance of the Monetary Authority of Singapore.
05/29/2014
Funds, private banks corner biggest share of offshore RMB investments
Returns of offshore renminbi bond are deemed not attractive
05/28/2014
Big financing demand from HNWIs
Credit Suisse's Q1 net new lending in Asia Pacific was 30% of its total loans in emerging markets
05/28/2014
Senior executive at Macquarie Group used fake email to get secrets
The email's details show it originated from the computer of a junior marketing employee at Macquarie Funds in London
05/27/2014
BNY Mellon Sells 49% Stake in China Joint Venture
The deal is subject to approvals from relevant government agencies
05/27/2014
WB Financial launches SMA service with Praemium
The group is also developing a new self-managed super fund (SMSF) compliance tool with Praemium
05/26/2014
Private banks seek to cash in on wealth management
Home grown private lenders lining up offers to woo their customers with priority and privilege banking options
05/26/2014
Asian millionaires turn to independent wealth advisers
Six years after the crisis, a growing number of Asia’s millionaires are turning to independent wealth advisers, who offer professional advice for a fee much like doctors and lawyers do.
05/26/2014
Praemium expands Asian reach
Dah Sing Bank was established in 1947 and its subsidiaries
05/26/2014
Banks structured to deliver poor advice
Something odd occurred last week, something that almost never happens in business, let alone financial planning
05/23/2014
US bank in talks with the Chinese wealth management company to sell JV
The deal is expected to be finalised very soon
05/23/2014
Individual Investors in Hong Kong, China Turn Cool on Shun Property
Activity in the property market is falling off
05/23/2014
Malaysia's Maybank launches $305 mln Japanese bonds
The bond is part of a $5 billion multi-currency medium-term note programme
05/23/2014
Financial Times To Host 3rd Asset Management Summit In Hong Kong
The 3rd annual Financial Times Asset Management Summit will be held on June 19 in Hong Kong.
05/22/2014
Barclays to Credit Suisse Shrink Singapore Space
Banks reduced staff and hired fewer people
05/22/2014
Australia: Deutsche Bank local arm swings to profit
Deutsche Bank’s Australian arm has returned to profitability after cutting costs, providing new country head James McMurdo a platform for growth