02/05/2013
Euromoney publishes 10th annual Global Private Banking Survey – UBS returns to the top
The private banking industry has had to modernize as never before to keep pace with the global needs of clients, new regulation and rebuild trust.
02/05/2013
The private banking industry has had to modernize as never before to keep pace with the global needs of clients, new regulation and rebuild trust.
02/04/2013
Wealth management businesses’ full-year net new money up CHF 11.3 billion to CHF 46.9 billion
02/04/2013
LGBT Capital and Financial Partners has announced the launch of LGBT Wealth, the first Wealth management operation focused on the LGBT community in Asia.
02/03/2013
Asian families shunning hedge funds
This will be worrying for hedge fund managers
02/03/2013
As global growth has been shifting from Europe and North America to Asia, the number of wealthy Asians has been rising
01/31/2013
Why India needs a tax on inherited wealth
There are both ethical and economic reasons for an inheritance tax, which has won support from many economists
01/31/2013
Banking & Payments Asia: China’s UHNW population growing fast
Each UHNW individual in China is expected to spend $570,000 on average on luxury items and private jet ownership in China is expected to double this year.
01/31/2013
UBS to boost wealth managenment business in China
"China, as one of UBS' most important markets, will continue to be key for our new strategy," Weber said during his first visit to China after becoming UBS chairman last year.
01/30/2013
Banks expected to launch asset management firms
The Chinese Securities Regulatory Commission recently met with fund-management executives from the five banks to discuss the approval process and hear presentations about the firms' plans.
01/30/2013
UBS, Coutts target onshore wealth in HK
Amid signs of a rising appreciation of asset allocation, the Hong Kong market heads of two private banks step up marketing to the city’s underpenetrated high-net-worth community.
01/30/2013
Growth in Indian art paves the way for wealth management
In the past, the Indian art market was largely dominated by collectors and connoisseurs
01/29/2013
Wealth management products are similar to time deposits
01/28/2013
Shanghai Regulator: Wealth-Management Products Pose Little Risk
Lack of transparency about the size of the sector, where the money is invested, and who takes the hit if investments go sour, has fueled concerns about risks to the stability of China’s financial system. But Fang Xinghai, director general of Shangha
01/28/2013
Global View from Asia - Coutts
The theme remains the same. Long-dated government bonds suffer modest declines while equities rise. Yet, at the same time, support for high yield bonds continues to be strong, further compressing yields.
01/28/2013
There are high hopes for an Australian immigration scheme dubbed the 888 visa, which has been set up to offer temporary residency to wealthy Chinese who invest in a range of products.
01/28/2013
Australia's security regulator on Tuesday reprimanded the private wealth division of Macquarie Group Ltd. (MQG.AU), saying it found "serious compliance deficiencies" in its conduct over several years.
01/28/2013
J. Safra Sarasin Holding Ltd, Bank Sarasin & Co. Ltd and Bank J. Safra (Switzerland) Ltd today announced that their respective Boards of Directors have approved the merger of the two banks, and that Bank J. Safra Sarasin Ltd will be the new name of th
01/24/2013
Wealth management is the most attractive and undervalued business for the banking universe in 2013
01/24/2013
Singapore’s Art Stage is luring the growing pool of wealthy Southeast Asian collectors
01/22/2013
Portfolio Solutions will be limited to individual and small institutional investors with more than $3 million in investable assets.