09/11/2013
Leading French bank said to explore sale of Asia private bank
The sources declined to be identified as the discussions are confidential.
Wealth and Asset Management
09/11/2013
The 23rd annual Private Banker International Summit and Global Wealth Awards 2013
Hear from leading experts about the threats and opportunities in wealth management
09/11/2013
Standard Chartered, United Overseas Bank and DBS Eyeing SocGen's Asia Private Bank
Reuters' sources also said that both global lenders and top Asian banks could be interested in SocGen's private bank in Asia.
09/11/2013
Report foresees banks exiting wealth management units in Asia
rowing number of high net worth individuals in the region was challenging small private lenders which did not have enough assets to rival those of global banks and even local banks.
09/10/2013
Name change to support growth in Wealth
“Wealth management is a key priority for ANZ and we have a clear strategy to grow our share of the wealth market here in New Zealand.
09/10/2013
Hong Kong Warned Of Need For Continued Product Development
In order to consolidate its position as Asia's premier wealth and asset management hub, Norman Chan, the Hong Kong Monetary Authority's (HKMA) Chief Executive, told the Treasury Markets Summit 2013 that Hong Kong needs to continue to improve the
09/09/2013
Macquarie sells another wealth operation
A retail brokerage arm that caters to high net worth individuals, is set to double in size
09/09/2013
Wealth of Asia's ultra rich up 5.4%
Growth in North America and Europe, Asia Rebounds while Latin America Slips In Inaugural Wealth-X and UBS World Ultra Wealth Report
09/08/2013
Shake-up looms in Singapore banking, wealth managers warn
Intense competition, a tendency for wealthy Asians to use multiple private bankers
09/08/2013
British Virgin Islands Premier Concludes Visit to Hong Kong
British Virgin Islands Premier Dr Orlando Smith has concluded a week-long trade mission to Hong Kong.
09/04/2013
Foreign banks target Chinese wealthy
Overseas investment may become more of a choice for China's richest families as foreign private bankers are looking at offshore opportunities for their Chinese customers to avoid tougher regulations in the country, a PricewaterhouseCoopers survey sai
09/04/2013
Banks Relationship Managers Spending Less Time With Clients: PwC survey
The Cost of Relationship Managers is the highest in a private bank's cost base, but ironically RMs are actually spending less time with clients.
09/03/2013
Appleby reports positive Offshore M&A activity and a surge in IPOs for Q2 2013
Offshore market outlook positive with business confidence stabilising with Hong Kong acquisitions and planned IPO’s driving the market
09/03/2013
About 35,000 Global Bank Employees May Face EU’s Bonus Curbs
The workers facing the EU rules, which would cap bonuses at twice annual pay, include 23,450 bankers in the U.K.
09/02/2013
Financial services to make 100,000 millionaires by 2017
The move to financial services is likely to be fast and highly competitive.
09/01/2013
China Bank Regulator: Need More Regulation of Wealth Management Products
Mr. Shang's remarks are generally in line with those of other officials who have called for ensuring the financial system serves the real economy.
09/01/2013
OCBC unit to boost discretionary services
"We have seen [Asian] investors becoming more mature," said Renato de Guzman, the bank's chief executive. "In a discretionary business, you take a longer-term view of securities that you take in your portfolio.
09/01/2013
Religare buys Macquarie stake in wealth management JV
The 50:50 JV between the two investment banks was formed on 2007 to tap the fast-growing high networth individuals (HNI) client case
08/31/2013
The Impact of Tighter Regulations on Small Fund Managers in Singapore
"Singapore is a very strong jurisdiction to operate a fund management company from. The regulatory regime has played an important role in establishing Singapore as a world class venue for wealth and investment management.
08/30/2013
Indo-Brits Account For 22% Of UK’s Ultra-Rich Club
Super-rich Indians account for more than 20% of the wealth of ultra-high net worth