05/08/2012
The report says that – to capture pre-financial crisis levels – private banks need to expand their focus beyond the ultra-wealthy clients to serve so-called “core millionaires”, who are expected to generate 80 per cent of net new r
05/07/2012
AMP is on track to meet its deadline to integrate the giant wealth management business with Axa Asia Pacific (APH) by early next year after a protracted three-year takeover saga.
05/07/2012
“There is a lot wealth that the bank can manage, and the Philippines growth trajectory continues to move upwards,” he said.
05/04/2012
A study covering nine Asian markets described rich Malaysians as ambitious and aggressive in growing their wealth, with 75% aiming to be worth about US$4mil (RM12mil) within the next 10 years.
05/04/2012
Funds for projects ranging from direct support of artists to acquisition of works and related community development projects accounted for $5.28 million of the $23.2 million in grants to organisations from clients of the multi-family office last year.
05/03/2012
This new partnership, which also includes the annual Asia-Pacific Wealth Report, combines the strengths of both firms to examine the key drivers of wealth creation and the global trends impacting high net worth individuals (HNWIs).
05/03/2012
Brown Shipley has launched a private banking service catering exclusively for South Asian customers living in the UK and abroad.
05/03/2012
China Investment Corporation didn't disclose the exact amount of the fund, nor the industriesthe money may be injected into.
05/03/2012
Wealth-X Releases Latest Indonesian UHNW Figures
Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has released a report on the UHNW population in Indonesia at an event in Jakarta.
05/03/2012
-First quarter revenue jumped 32% on the year to EUR3.03 billion.
05/02/2012
Over the past month, Singapore played host to the Singapore Yacht Show and Boat Asia; both focused on showcasing million-dollar boats luring wealthy buyers to Southeast Asia’s increasingly crowded marinas.
05/02/2012
Net new money inflows in the wealth management businesses more than doubled to CHF 10.9 billion.
05/02/2012
Standard Chartered said on Wednesday its first-quarter income grew less than its previous 10 per cent target, as the strength of the US dollar against Asian currencies impacted income growth.
04/30/2012
Standard Chartered hit the headlines in March when its annual report revealed the $92m remuneration figure.
04/27/2012
MACQUARIE Group has sacked more than 1300 staff after revealing one of the bank's worst profit performances since the GFC.
04/27/2012
"DBS continued to build its Asian franchise with good growth across its regional markets," CIMB's head of research Kenneth Ng said in a note to client.
04/26/2012
The annual report can be accessed on Noah's investor relations website at http://ir.noahwm.com/ .
04/25/2012
During the review period (2007-2011), the value of the worldwide wealth management market for NRI millionaires rose at a compound annual growth rate (CAGR) of 9.4%.
04/25/2012
Credit Suisse eked out a small first-quarter profit on Wednesday, confounding analyst forecasts for a big loss due to a 1.5 billion Swiss franc charge on its own debt, as it cut more costs than expected.
04/25/2012
The Programme aims to equip Bank of Singapore private bankers with the relevant skill sets and qualifications to uphold the highest standards in delivery of client-centric advice and consistent client experience.