10/16/2013
Japanese Millionaires’ Number Going Down
Japan lost 1.3 million millionaires within only one year, between June 2012 and June 2013
Wealth and Asset Management
10/16/2013
JBWere appoints new Chief Investment Officer
He will also oversee the tactical asset allocation, product and security selection for JBWere's private wealth management, institutional and not-for-profit client portfolios.
10/16/2013
Jersey increases activity in mainland China
Jersey strategically well positioned to maximise opportunities in mainland China
10/16/2013
Morgan Stanley wealth management boosts Asia team
He most recently served as managing director and head of investment funds, sales and distribution at UBS Private Bank Hong Kong
10/16/2013
Mauritius-based Foreign Investors Face Tougher Norms
Foreign institutional investors funds and other entities which invest in India via the Mauritius route will soon have to meet additional regulatory norms to prove that they are 'controlled and managed in Mauritius'.
10/16/2013
DBS Said to Advance in Bidding for SocGen’s Asian Private Bank
Societe Generale picked about five suitors to study the unit’s finances after they made initial offers
10/15/2013
High hopes for private banking in Japan
Wealth managers eyeing opportunities in Japan could have done without last week’s dressing-down of Tokyo-based Abraham Private Bank.
10/15/2013
StanChart’s Private Bank Assets Stagnate in Wealthier Asian Hunt
Standard Chartered Plc Asian private-bank asset growth has stagnated this year as the lender focused on wealthier clients and investment returns were curtailed by volatility in regional financial markets.
10/15/2013
The 6th BNP Paribas Individual Philanthropy Awards Honours Indian and American Entrepreneurs
BNP Paribas is delighted to announce the winners of the 2013 Individual Philanthropy Awards
10/14/2013
UBS clinches back top spot from Citi Private Bank
Total AUM in Asia Pacific has increased by 16% to a record USD1,173bn in 2012, with bumper asset gains by the top three banks in the region.
10/14/2013
Chinese WMPs to be Unwound Under New Scheme
The Chinese banking regulator has proposed a scheme whereby banks will offer 'asset management plans' instead of wealth management products, which have sparked concerns.
10/14/2013
Australian Wealth Management Industry Finds The Going Is Tough
Most wealth managers face the relationship problem, that is to say if a manager leaves it is quite possible they will take their clients with them.
10/14/2013
Private Banker International announces 2013 winners for the Annual Global Wealth Awards
The PBI awards are regarded as the most credible in the industry, voted by the industry, for the industry.
10/13/2013
ANZ looks to net more sport sponsorship deals in Asia
Tennis works very well for us in terms of raising our brand awareness and is one of the best ways of engaging with our customers in Asia
10/13/2013
UBS plans to double invested assets of Asian clients over five years
The Swiss financial services firm is shedding 10,000 staff but hopes to double the value of invested assets of Asian clients in the next five years
10/13/2013
Banks learn the hard way in wealth arena
WEALTH management was seen as one of the great Australian growth industries of the 21st century.
10/13/2013
Luxury yachts find rich Asian buyers
The Asian market for super-yachts is one that, although slow to cultivate, will have huge potential amid a boom in high-net-worth individuals.
10/12/2013
George Osborne opens doors to rich Chinese with new visa system
In a sign of Downing Street's determination to reset relations with Beijing, which unofficially downgraded Britain's status after David Cameron met the Dalai Lama last year
10/10/2013
Banks to sell wealth management products under strict rules
China will launch a pilot programme next week aimed at shattering a widespread assumption among mainland investors that products
10/09/2013
What Do Private Banks Want From Fund Managers?
AsianInvestor is due to host its second annual roundtable today to explore the evolving relationship between private banks and fund houses.