08/26/2013
ClearView reports 92% drop in profits
ClearView has no group life insurance business which has also caused underperformance in the industry
Wealth and Asset Management
08/22/2013
Amid the decline, India's wealth club keeps growing
The membership numbers for its wealth club just keep on rising
08/22/2013
WealthSure faces restructure after Court case
Those terminations will result in a loss of annualised earnings to the company
08/22/2013
Myanmar poised for six-fold rise in multi-millionaires
Myanmar’s hotel industry, commodities especially lumber and finance and banking sectors are growing very rapidly
08/22/2013
Toyota opens Lexus cafe in bid to shake off staid image
This is about showing people the personality of the Lexus brand
08/21/2013
Wealth managers suggest alternatives
The current reign of uncertainty across asset classes has wealth managers scrambling for ways to help their clients protect capital
08/20/2013
Chinese wealth management company Q2 Profit Surges
Net revenues in the second quarter of 2013 were US$44.3 million, a 132.1% increase from the corresponding period in 2012.
08/19/2013
ANZ to invest into promotion of Wealth division
“ANZ Wealth is the overall division name we use globally, while OnePath is an external customer brand that is utilised to distribute offerings through financial advisers,” the bank’s spokesperson said.
08/19/2013
NAB Wealth flat as bank's profit rises 2%
NAB Wealth has restructured and there will be ongoing replacement of key executives and some redundancies as well
08/18/2013
Challenger shares soar as profit spikes
Record flows to its annuities and funds management businesses have boosted Challenger's full-year performance Read more: http://www.brisbanetimes.com.au/business/earnings-season/challenger-shares-soar-as-profit-spikes-20130819-2s64x.html#ixzz2cTSgER
08/18/2013
J.P. Morgan, Barclays and Citi best rivals in private banking
The significant rise in Asia’s private banking and wealth management profit levels last year suggests that the fine-tuning of business models among market participants is reaping rewards.
08/14/2013
Hedge fund and family office middle office firms merge
We are an institutional scalable option to running those functions in-house
08/14/2013
AMP chief steps down as wealth management company's first-half profit increases
In wealth management, AMP’s largest business unit, operating earnings for 1H 13 were up 20 per cent
08/13/2013
Wealth division contributes to record CBA profits
The bank met its target of becoming the market leader for customer satisfaction and completed its six-year core banking modernisation.
08/13/2013
ANZ supports overseas investment into Australia through its new SIV solution
The SIV program aims to bring investment into the Australian economy
08/13/2013
Wealth-X Is A Finalist For The 2013 Red Herring Top 100 Asia Award
Wealth-X, the world's leading ultra high net worth intelligence provider announced it has been selected as a finalist for Red Herring's Top 100 Asia award
08/12/2013
6,000 Singaporeans employed in private banking services sector
Singapore has about 40 financial institutions offering private banking services. The sector has created good quality jobs and now employs about 9,000 people, two thirds of them are Singapore citizens.
08/11/2013
NAB confirms redundancies in wealth division
National Australia Bank has confirmed redundancies in a number of roles within its wealth management division following a strategy to digitalise the business.
08/11/2013
Private banking changes courting strategy for Asia
The region represents a vast untapped marketplace for niche banking services
08/10/2013
Acuma plans expansion across Gulf and Asia
Acuma, a UAE wealth management company, plans to expand in the GCC and Asia following its takeover last month by the world's largest independent financial advisory company.