Managers of Wealth Asia Pacific

Computing Filipino tycoons’ wealth

What should make researching on a Filipino’s wealth difficult is the complicated corporate ownership of local stock corporations.

Bank layoffs hit high-end Hong Kong rents: brokerage

With luxury homes costing HK$100 million ($15 million) or more, rental yields for high-end homes already yield less than 2 percent, a return set to dwindle further.

Bank Hapoalim closing Singapore branch

The restructuring will be carried out by the representative office of Bank Hapoalim (Switzerland) and by its Hong Kong subsidiary, BHI Investment Advisors (Asia) Ltd., which specializes in investment advice, and by Poalim Asia Direct Ltd., which operates

Bajaj Finserv plans to enter wealth management business soon

According to a recent report by Crisil's research division commissioned by Kotak's wealth management arm, the wealth of ultra high net worth households is slated to grow nearly five-fold in as many years to Rs 318 trillion.

Super rich hold $32 trillion in offshore tax havens

The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.

Bank of China (Suisse) integrates with Swiss Private Bank

Under the terms of the agreement, BOC will refer clients with international private banking needs outside Chinese Mainland to the Swiss bank

China's Bank Launches Wealth Management Center in Thailand

The newly-established "Prestigious Wealth Management Center", affiliated with the bank's Bangkok branch, is the third of its kind that BOC operates overseas, after London and Singapore, said Che Jun, general manager of the branch.

China buys into Canada

Given Canada’s natural resources potential, China has looking here for investment opportunities.

Faridabad SMEs get lessons in wealth management

The initiative is expected to boost the morale of 20,000 MSMEs of Faridabad.

BOC launches wealth management center in Thailand

The bank expects the transaction the unit would generate in 2012 to value at approximately $47.40 million.

More morals needed in banking, says Singapore's finance minister

“We have to find a way to get back to a system that has individual and collective responsibility,” he told Richard Quest.

Louis Vuitton lures China's super-rich with custom leather "art"

Louis Vuitton routinely ranks among the most admired brands in surveys of Chinese consumers. But ultra-luxury names such as Hermes are making inroads, and some top-tier consumers now look down on Louis Vuitton as too common.

Temasek, SE investors set to invest in major European bank

The Swiss bank announced Sfr15.3bn ($15.65bn) of capital raising measures, including Sfr3.8bn of mandatory and contingent convertible securities, as it pushed out second-quarter results one week earlier than expected.

Rich to lose half their wealth by 2014

In spite of his doom and gloom about America and the world economy, when pressed Faber did recommend some China REITs.

Coutts again adds to growing Asia adviser team

Coutts said, leading a team of specialists, he will consult with clients on the design of bespoke investment strategies and solutions.

Premium and The Emerald Club form alliance

Under the terms of the arrangement, Premium has taken a 25 per cent stake in the group, with Premium chief executive Paul Harding-Davis and Michelle Brisbane (a financial adviser with Ethical Investment Services) joining Emerald's board.

Credit Suisse Q2 Pre-tax Profit Down

Private Banking with 2Q12 net revenues of CHF 2,704 million and pre-tax income of CHF 775 million

The health of the global private banking industry - Research

Scorpio Partnership’s annual Private Banking Benchmark of the global wealth management industry released today shows international providers weathered the storms of 2011 more successfully than smaller players.

RBS Private Banking launches new bespoke Credit Solutions product in India

RBS Private Banking India, the Indian private banking arm of the Royal Bank of Scotland Group, has launched a new bespoke Credit Solutions offering.

Goldman Sachs to build up private banking arm

Shift Into Lower-Margin Lending Reflects Harsh Climate Facing Wall Street

Wealth and Asset Management