11/08/2013
PNB appoints banks for merger
The plans were at an early stage and PNB hadn’t made a final decision on whether to list the properties
Wealth and Asset Management
11/07/2013
UBS Australia to launch family office service
The GFO will offer a range of products and services, including discretionary and advisory portfolio construction advice, philanthropic advice and execution across equities, fixed income, cash and alternative asset classes.
11/07/2013
KAF Banks on Wealth Management Business
KAF, currently relying on brokerage business, has placed emphasis on wealth management as the way forward to diversify its business
11/07/2013
deVere Group acquires Precision Group Asia
The last few years have seen an increase in demand for professional financial planning services in Asia, an area that deVere believes will be a key area of growth in the coming years.
11/06/2013
Maybank GMT Asset Management Aims To Among Indonesia's Top Ten
PT Maybank GMT Asset Management, Malayan Banking Bhd's newly-acquired Indonesian asset management unit, aims to be among the leading top 10 players in the republic in 2017.
11/05/2013
Asia's billionaire club grows as Europe's shrinks
Despite slowing growth in Asia, the region churned out the highest number of billionaires globally in 2013,
11/05/2013
Offshore Wealth
New serivice launched
11/04/2013
Edmond de Rothschild AM eyes China’s “new economy”
The strategy follows the direction of future reforms in the country.
11/03/2013
HSBC's profits surge 30% driven by Hong Kong and UK
The bank's home markets of the UK and Hong Kong were responsible for more than half of the group's profits.
11/03/2013
Westpac sees double-digit growth in planner numbers
The figure represents double-digit growth on 2012
10/31/2013
DBS open to buying Asia-centric private bank
"We're open to acquisitions if they're aligned to our strategy," he said Friday at the bank's Q3 results presentation.
10/31/2013
DBS' Q3 net profit up 1% to $862m
DBS logged a record net interest income in the third quarter to lift its net profit to $862 million, a one per cent increase over the same period a year ago.
10/31/2013
OCBC Bank's Q3 net profit comes in at $759 million; better than analysts' expectations
Core net profit however saw a 5 per cent rise.
10/31/2013
Aberdeen Asset Management Wins 11 Awards For Fund Marketing And Communications
In bestowing the awards, Kimber Lintz, director of MFEA, said, "The STAR award judges were particularly impressed with Aberdeen's range of investment tools and overall commitment to investment education.
10/31/2013
Financial regulator and politicians on Guernsey delegation to China
This latest delegation will further enhance the progress we have made
10/30/2013
EWM Group launches new philanthropy division
Queensland-based multi-family office EWM Group has established a new philanthropic division to cater for the ever-increasing giving needs of Australian high net worth clients.
10/30/2013
No clear rules for family trusts: UBS
Setting up a family trust using wealth management services on the Chinese mainland is still not an option
10/30/2013
Bonus Increases Expected by the Financial Workforce
With bonus reviews now high on the agenda, eFinancialCareers polled over 4,500 financial professionals across seven markets to understand their bonus expectations.
10/30/2013
BNP Lures Asian Millionaires to Counter Asset Management Outflow
“Asset growth was supported by strong net collections in Asia and Europe,” Vincent Lecomte, co-head of wealth management, said in an e-mailed response to questions today.
10/29/2013
Barclays sees adjusted profit before tax fall by 20% to £4.9bn
Investment Bank income was down 7%