04/07/2013
Swiss private bank trains sights on Asia's growing wealth
Swiss lender says bleak economic outlook in Europe is partly behind shift in business focus
04/07/2013
Credit Suisse chairman Urs Rohner is aiming to rebuild public trust in the banking industry, after its image suffered amid the financial crisis
04/04/2013
Following are the results of the latest Bloomberg Billionaires Index ranking the world’s 100 wealthiest individuals.
04/04/2013
"We have seen how some CEOs are receiving smaller incentive packages, which goes in line with weaker company performances," Elaine Prior, Citi Research Industry Thematics and ESG analyst said
04/04/2013
The Henley Group launches Select service
'Henley Select offers a unique bundle of services designed for individuals who wish to pay a fee for the financial advice they receive rather than have charges paid to their financial adviser through product related commissions.
04/03/2013
Many of Asia’s rich don’t fancy paying advisory fees to wealth managers as is the standard practice in Europe
04/03/2013
Another strong market is Dubai, considered a safe haven in the troubled Arab world, while European markets are still suffering.
04/03/2013
Among assets, real estate continues to dominate Hong Kong UHNWIs' luxury portfolios
04/01/2013
The disclosure was made by the lender’s Vice President Zhang Qiang at the news briefing on Friday.
04/01/2013
The list was topped by beverage magnate Zong Qinghou
04/01/2013
The PBIG guidelines say that when a private bank takes on a new client, staff should determine whether there are any reasonable grounds for suspecting that the funds are proceeds from serious tax crimes.
04/01/2013
The election of Prime Minister Shinzo Abe and nomination of new Bank of Japan Governor Haruhiko Kuroda have drawn investor focus back to Japan.
04/01/2013
DBS Group Holdings Ltd. boosted Chief Executive Officer Piyush Gupta’s total compensation by 15 percent to S$9.3 million ($7.5 million) last year
03/31/2013
State-controlled Citic is only the second major Chinese lender
03/28/2013
The bank's customer base currently stands at 750,000, of which 10 per cent are in the wealth management segment.
03/26/2013
Nerine was the first independent trust company to open an office in India
03/26/2013
China Tightens Regulations on Wealth Management
Wealth management products are a form of high-interest deposit that banks and other financial institutions offer to clients, using the proceeds for various kinds of lending and investment.
03/24/2013
Asset management spun off from insurance arm
There was a time when it (Maybank Asset Management) was parked under the insurance company to be nurtured
03/24/2013
The biggest loser was Larry Ellison
03/21/2013
JP Morgan Private Bank rebalancing Asia staff
The firm has doubled regional headcount in the past three years, with the main focus on building its Singapore presence to a level similar to that in Hong Kong.