07/09/2012
Asian private bankers’ compensation will level off as firms begin to recognize that the costs don’t “make economic sense,” according to Citigroup Inc. the second-largest private bank by assets in the region.
07/08/2012
Education is unequal, too. In 2009-10 only 10-15% of students entering the elite Indian Institutes of Management were female.
07/08/2012
Russ MacKay, the Associate Portfolio Manager of McLean & Partners, a respected wealth management company, also expects that China’s consumer inflation will fall from 3.4%.
07/08/2012
A Chinese cupid has launched a nationwide manhunt on behalf of 36 female millionaires who have made fortunes from their country’s breathtaking economic boom but have failed to find love.
07/08/2012
SINGAPORE When Bob Diamond came to Singapore in 2004 to open Barclays' back office at The Atrium, the bank then employed about 500 people, with 150 in investment banking.
07/05/2012
The study by the Asian Development Bank and the University of Hong Kong's Comparative Education Research Centre says shadow education is fast becoming a permanent but expensive fixture in Asia - with countries like Japan spending a whopping $12 billi
07/05/2012
The robust performance of Chinese GDP has made it one of the most favorable investment destinations for wealth management firms across the globe.
07/05/2012
The Global Guide provides corporations with a much needed tool to allow more efficient measurement of corporate giving on a global scale.
07/04/2012
Asia-based investment industry CEOs are exploring how to tap institutional capital and rich individuals in the Middle East.
07/04/2012
Its executive vice-president and head of consumer banking Ronnie Lim said the four areas are product innovation, infrastructure, customer segment strategy and advisory support.
07/04/2012
Women in Asia still face barriers in the workforce, particularly in upper management, according to a new report by McKinsey & Company this week — echoing our own findings in the May 2012 cover story of FinanceAsia magazine.
07/04/2012
Philanthropists are hard to come by in a world filled with strife and inequality but when they do appear, they bring priceless care and comfort to many different and forgotten sectors of society.
07/03/2012
For the second year in a row, Australia has ranked third behind France and the US as the most attractive destination for Chinese millionaires to holiday, according to a report by Shanghai-based private wealth researcher Rupert Hoogewerf.
07/03/2012
An overwhelming 73 percent of these family offices said that preserving wealth was the most important aspect of managing their investments.
07/03/2012
A year after Bank Indonesia temporarily banned banks from accepting new high-value clients, the local wealth management industry is back on its feet and ready to court the affluent.
07/03/2012
It is no secret that Ultra high networth individuals' fancy big cars.
07/02/2012
India’s problems from a record current account deficit to stalled policy reforms and economic growth running at its weakest pace in nine years, are well known and explain a slump in the rupee to a record low.
07/02/2012
India has gone from the country set to overtake China to the country that can do nothing right. Now, a few contrarians see signs India is turning a corner.
07/02/2012
The number of Indian ultra-high-net-worth households (HNHs) is estimated to have grown by 30 percent year on year to around 81,000 in 2011 and is expected to triple to around 286,000 over the next five years, the report stated.
07/01/2012
Private wealth in Asia excluding Japan grew more than five times faster than the 2 per cent global average in 2011, to $24tn, or a fifth of global wealth, according to Boston Consulting Group.