05/30/2013
He describes the variety of institutions and instruments that operate and innovate in the shadow of China’s mammoth banks, where they are hard for the authorities to see
05/30/2013
Puri has been leading the country’s second largest private bank since 1994
05/30/2013
Swiss private bank Julius Bär is aiming to have a majority of its clients from Asia after it acquired Bank of America Merrill Lynch's private banking business outside the United States.
05/30/2013
The number of ultra-high net worth individuals (UHNW) with assets of $30 million and above in Asia has increased exponentially over the past three decades, more so than in any other area
05/30/2013
Personal wealth growth in Australia has outpaced Europe and the United States - but it lags behind Asia.
05/29/2013
As Growth Prospects Shift Toward Developing Markets, Players Must Grapple with Greater Client Demands, Tougher Regulatory and Margin Pressures, and Increasing Business Complexity, Says Report by The Boston Consulting Group
05/29/2013
China will leapfrog Japan to become the world’s second-wealthiest nation by that date and is projected to have more millionaire households than its Asian neighbor by the end of December
05/27/2013
Julius Baer starts transfer of Merrill Lynch’s wealth management business in HK, Singapore
The transfer of the businesses in Hong Kong and Singapore to Julius Baer’s existing entities is expected to double the Bank’s assets under management in Asia, thereby significantly strengthening Julius Baer’s already strong position in t
05/27/2013
About 70 percent of people in the segment still preferred to place their funds in saving and time deposit
05/26/2013
UBS to Sponsor Art Basel in Hong Kong
Terms of the deal, which is expected to be announced Monday, weren't known.
05/26/2013
Whatever their reputation, people still want to be bankers
The image of the financial industry has suffered badly in the global economic crisis, but banks have no problems recruiting graduates
05/26/2013
Credit Suisse opts to groom wealth managers
The most challenging thing in Asia is to get the right people on board
05/26/2013
Lion City cash curbs open door for HK
Hong Kong has been one step ahead in anti-money laundering regulations and has cracked down hard on tax evasion
05/26/2013
With an eye to matching Hong Kong’s wealth on a grand scale, the Chinese Communist Party adopted Hong Kong’s laissez-faire economics as a national policy
05/25/2013
A survey of NRIs shows UAE is the most preferred investment destination
05/22/2013
Private banks to outshine state-run peers: brokerage
BEST OF BANKING BUNCH:JPMorgan Securities cited Chinatrust Financial Holding Co and E.Sun Financial Holding Co as its leading picks among private banks
05/22/2013
RBS launches real estate services for HNIs
Investors are looking beyond purchase of premium homes
05/22/2013
Bendigo Wealth has launched the Sandhurst Strategic Income Fund for risk-averse investors
05/22/2013
Wealth management group netwealth's advice group has moved its operations on the back of an announcement earlier this month
05/22/2013
STAN is “very positive about Asean as a whole,