01/23/2014
‘Challenges remain’ for CIMB group
CIMB Group Holdings Bhd is expected to see its recently acquired banking business of Royal Bank of Scotland Group plc’s Asian operations to only break even in second-half of this year.
01/23/2014
CIMB Group Holdings Bhd is expected to see its recently acquired banking business of Royal Bank of Scotland Group plc’s Asian operations to only break even in second-half of this year.
01/23/2014
The Australian Transaction Reports and Analysis Centre should train financial advisers on identifying and avoiding cases of tax evasion and money laundering, the Financial Planning Association said.
01/23/2014
The Rizal Commercial Banking Corp.’s partnerships with foreign lenders have proven to be more effective than putting more investments in subsidiaries abroad
01/22/2014
DBS in talks to buy private bank
It was unclear how much Southeast Asia's biggest lender would be willing to pay for the bank, but previous estimates from financial sources have valued it at between $300 million and $400 million.
01/22/2014
The banking group, which is renowned for taking the cream of the clientele, has found a new one - the rural rich.
01/22/2014
UBS, the chairman’s daughter, and a row over bank connections
She may only be a junior banker but Joyce Wei has caused quite a stir in the past few days in the Hong Kong capital markets.
01/22/2014
China’s new reporting offshore asset reporting requirements affect individuals residing in the country for more than a year, and corporations registered in China.
01/21/2014
Standard Chartered back atop takeover target list
Now this UK-based commercial lender specialising in Asia, Africa and the Middle East is back at the top of the list for many investment bankers and analysts as the most likely target of a big banking takeover.
01/21/2014
Alpen Asset Advisors to service HNW's in the Middle East and South Asia
Alpen Asset Advisors is an associate of the Investment Bank, Alpen Capital which has an extensive presence in the GCC and India.
01/20/2014
China’s Wealth Management Products (WMPs) Lure Investors With Higher Yields [CHARTS]
Legally they are not deposits
01/20/2014
Wealth management group SMA funds on platform up 70 per cent
Wealth management group Praemium has reported a 70 per cent jump in funds on its separately managed accountplatform in the last year.
01/17/2014
Listed wealth management company sells last NZ asset
The firm is migrating to Guernsey as a prelude to the company seeking a listing on the London Stock Exchange
01/17/2014
At the end of December, assets under management fell to £193.6bn.
01/17/2014
Jersey Finance attended the China Business Conference in London this week to emphasise the importance of Jersey to enable investment by Chinese companies into the UK.
01/16/2014
No slow-down for wealth management
Hiring activity in wealth management including the financial planning sector is currently at its highest levels in two years
01/15/2014
Waldmann Asset Management Receives Four Investors of Asia™ Fund Awards: Best Large Overall Fund Family, Best Large Mixed Asset Fund Group, Top Emerging Markets Debt Fund and Top Short Municipal Debt Fund.
01/15/2014
For the first time in Asia, high net worth individuals will have access to strategies and services that have been exclusive to institutional investors
BNY Mellon has partnered with nine prominent investment advisors to offer more than 20 investment strategies.
01/15/2014
BTFG joins Calastone funds network
BT Financial Group has joined Calastone's global funds transaction network, which allows the automation of fund transactions between different fund managers and distributors.
01/14/2014
Merger creates one of largest privately held wealth management business in Australia
Deal creates one of Australia’s largest non-aligned financial advisory businesses, with over A$7.6bn funds under advice
01/14/2014
Independent trust company opens offices in Hong Kong and Mauritius
‘The expansion of our business operations will also see some members of our Jersey team undertake secondments, for training and development purposes, in our new offices.’