05/19/2013
Standard Chartered purchases India wealth management unit
The sale of the unit underscores a growing trend of consolidation in Asia's wealth management industry as private banks struggle to earn profits in the face of rising regulatory costs and wafer-thin advisory fees.
05/16/2013
Asian hedge funds set to benefit
05/16/2013
Private banking clients as well as private equity firms in Hong Kong will be the target group of investors
05/15/2013
The bank expects significantly higher growth of its high-net-worth customer
05/15/2013
Fergie and Cherie Blair both turned out for a glass of champagne to toast the winners
05/14/2013
The rise of WMPs has been fuelled by Chinese depositors' hunger for yields above the central bank's benchmark deposit rate
05/14/2013
Third generations within a family office tend to be more engaged with investments than their parents and grandparents, Cambooya chief executive Jenny Wheatley noted.
05/14/2013
Revenue growth for the group continued to reflect a combination of conservative business settings
05/14/2013
The development of the Marina Bay Financial Centre (MBFC) and a new financial district downtown has helped to keep Singapore competitive
05/13/2013
The recent turnaround in Citigroup's fortunes is great news for investors, as new management helps guide the bank to a more profitable future. Some of the bank's more lucrative sections, however, have been growing for some time, after being put
05/12/2013
Citibank Thailand to keep focus on wealthy clients, consumer finance
Wealth management is the area in which foreign banks have a competitive advantage
05/09/2013
Coutts partners with Condé Nast Traveller to produce The Expert
The 65-page guide to travel will be distributed with Tatler magazine in Hong Kong and Singapore in May.
05/09/2013
Stanchart Said in Final Talks to Buy India Wealth Unit
Standard Chartered Plc, the U.K. bank that earns most of its profit in Asia, is in final talks to buy Morgan Stanley’s Indian wealth management unit, two people familiar with the discussions said.
05/09/2013
China issues new rules targeting wealth management fund pools - sources
China's bond market regulator closed off a loophole on Friday
05/07/2013
Chinese HNWIs Shift Wealth Management Focus -RESEARCH
Thirty Percent of More Than 3,000 High Net Worth Individuals Surveyed Name Wealth Preservation as Top Priority
05/07/2013
Overseas Indians trust S'pore as wealth centre
There is a very clear look east attitude among Indian investors now
05/07/2013
Shareholders have issued a rebuke to four Standard Chartered executives
05/06/2013
Cost-cutting measures and fall in bad debts push UK bank's first quarter profits to £5.4bn, 95% higher than in 2012
05/06/2013
The foundation will use the new office to engage UBS clients and nurture interest from Asian families
05/05/2013
Wealth managers flock to Singapore as Switzerland suffers
Wealth managers are stepping up their search for staff to expand in Asia as Singapore starts to overhaul Switzerland as the world’s top private banking hub.