05/07/2013
Standard Chartered shareholders show disapproval of four executives
Shareholders have issued a rebuke to four Standard Chartered executives
Wealth and Asset Management
05/06/2013
HSBC profits almost double in the first three months of the year
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
UBS Optimus Foundation launches first APAC office in Hong Kong
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.
05/05/2013
Banks in Singapore agonise over rich clients in tax evasion clampdown
Banks in Singapore are urgently scrutinising their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients packing.
05/05/2013
Princely advice for Asia's wealthy families
A Liechtenstein royal has old money expertise in how assets are secured for next generation
05/02/2013
Aussie bank appoints global private banking MD from Coutts
He has more than 25 years banking experience in Switzerland, London, Sydney and Singapore and most recently worked at Coutts & Co
05/01/2013
ANZ, NAB in firing line over bonuses
A bank insider says the bonus scheme change was “deflating” for him and others in his team.
04/29/2013
ANZ posts $3 billion six-month profit
The interim dividend of 73 cents per share fully franked is 11% higher than interim 2012.
04/29/2013
ANZ posts $3 billion six-month profit
The interim dividend of 73 cents per share fully franked is 11% higher than interim 2012.
04/29/2013
OCBC Bank 1st Quarter Net Profit Falls 16%
"We are pleased with the continued underlying strength of our customer franchise in both banking and insurance, as demonstrated during the first quarter," said Chief Executive Samuel Tsien.
04/29/2013
Patience with underperforming managers urged: NAB
NAB Private Wealth has warned its clients
04/29/2013
UBS Wealth Management deliveres highest levels of quarterly net new money since 2007
Wealth Management Americas achieved another record profit and strong net new money inflows.
04/28/2013
China's new wealth moves art markets
China does not only affect South African commodity prices and fast-food habits, it also has an effect on the South African art market.
04/28/2013
Cazenove Capital officially opens Hong Kong office after Schroders buyout
Cazenove Capital has confirmed the opening of its Hong Kong office
04/26/2013
Private banks return with a vengeance
The best performers were the bonds that enjoy as strong following from retail investors and private banking accounts.
04/25/2013
Morgan Stanley's new wealth boss targets growth
Plans to shift to a more "holistic wealth management fee-for-advice" approach.
04/25/2013
Citibank Unveils Specialized Wealth Advisory Service for HNW Business Clients
Business owners and C-level executives better able to make informed personal investment decisions with an understanding of business risks
04/23/2013
Warning to wealth management marketers - Facebook users moving on
Just as wealth management and superannuation marketers have begun adapting to social media platforms such as Facebook, signs are emerging that the consumer market may already be moving on.
04/23/2013
China to increase scrutiny on wealth management products
China will heighten oversight on wealth management products in 2013 by taking a closer look at money flows off banks' balance sheets to reduce financial risks at a time when growth is slowing in the world's No. 2 economy.