Managers of Wealth Asia Pacific

HSBC restructuring wealth management business in India

HongKong Shanghai Banking Corp is restructuring the consumer banking and wealth management business of its India operations, a top executive told ET.

ABN Amro back from the brink

“The new bank focusses on being a universal banking model in the Netherlands.”

NAB profits dip $1.1bn, adviser numbers rise

NAB has announced an annual profit decrease of 21.8%, but its wealth division has proven to be one of the year’s star performers.

Brand new Wealth Management Centre now in service

To meet the diverse needs of customers, the high net-worth customers in particular, the Centre provides a comprehensive range of professional and premier Wealth Management services.

Asia’s souring debt a threat to StanChart magic

This comes as bad debt levels begin to rise from near record lows across Asia.

Why private banks, asset houses must build a bridge

Senior distributors recognise the need to drive fund penetration in Asia. The big question is how they can work together more efficiently to make the industry more appealing.

UBS' 10000-job cut plan to hit India

UBS AG, Switzerland’s biggest bank, boosted its profitability goal and announced plans for about 10,000 job cuts as Chief Executive Officer Sergio Ermotti scales back the investment bank to focus on wealth management.

UBS Australia escapes global staff axe

UBS Australia has escaped the purge of global employees by the Swiss lender, with no local jobs expected to go in one of the biggest culls of banking jobs since the implosion of Lehman Brothers in 2008.

Investors are too focused on executive pay: BlackRock

“I think pay takes up a disproportionate amount of boards' time,” BlackRock's head of corporate governance and responsible investment for Asia Pacific, Pru Bennett, said, according to The Australian.

Standard Chartered profit up

Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.

Monaco Tops First Ultra High Net Worth Wealth Density List

Wealth generated in countries rich in natural resources helped three countries stake their claims with Kuwait, Norway and Brunei taking their places among the top 10.

Swiss private banks feel heat from the east

Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.

The Best Banks In The World Broken Down By Category

For its 2012 list of the World's Best Banks, Global Finance choose winners in 12 categories ranging from best investment bank to best Islamic Financial Institution.

UBS Plans 10,000 Job Cuts, Investment Bank Shrinks

Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks

Family offices bet their funds on start-ups

Family offices, as deep-pocketed as the venture capital firms

Hong Kong’s Property Tycoons Drop $2.3 Billion in Wealth

The city ordered its third set of property curbs in two months after home prices almost doubled over three years to become the world’s most expensive.

APG, 2 sovereign wealth funds to invest directly with realty developers

The move to directly invest comes at time when nearly half the real estate funds in India have been unable to offer attractive returns as India's once soaring real estate sector is crippled by increasing debt and plunging sales.

Changing tax rules force private bankers East

Private bankers in the Swiss market are frantically backpedalling

Wealth managers SFG, WHK mull merger

Former AMP chief executive is working on a possible $600 million wealth management merger

UBS Global Asset Management Chronicles the Evolution of the Asset Manager

Emphasis is moving away from performance relative to benchmarks and toward investor outcomes

Wealth and Asset Management