02/21/2012
ANZ wealth division dogged by soft Q1
ANZ CEO Mike Smith said the soft wealth performance is a sector-wide issue.
02/21/2012
ANZ CEO Mike Smith said the soft wealth performance is a sector-wide issue.
02/21/2012
UBS AG’s Global Family Office division aims to begin serving 25 clients in Asia this year, with assets of at least $200 million each, Amy Lo, managing director and head of ultra-high net worth, Asia-Pacific, told journalists in Singapore today.
02/21/2012
Deposits in foreign banks, paintings, sculptures and expensive watches may come under the wealth tax net as part of the government's drive to unearth black money.
02/21/2012
The new study finds that the rapid growth of the number of ultra-high net worth individuals in Asia – with for example, China having the second highest concentration of billionaires in the world— coupled with the upcoming intergenerational tra
02/20/2012
The change brings Singapore's tax treatment of investment-grade gold and other precious metals in line with the practices of other developed countries such as Australia and Switzerland, he said.
02/20/2012
Nearly 40 team members from Wells Fargo’s International group will be based in the new branch, located at Marunouchi Trust Tower Main 24th Floor, 1-8-3 Marunouchi, Chiyoda-ku, Tokyo, Japan.
02/20/2012
Three Months to 31 December 2011 - solid performance; continued focus delivery of super regional strategy
02/20/2012
BMO Deepens Commitment to China with Strategic Investment in COFCO Trust Co.
02/20/2012
Asian bankers are expecting their bonus payouts over the next few weeks
02/17/2012
At the same time, deposit growth at Chinese banks last year slowed to 12.7 percent after rising 20 percent in 2010, central bank data show.
02/17/2012
India has for decades been the world’s largest gold market, but in the final quarter of 2011 demand tumbled by almost half from a year earlier as a collapse in the value of the rupee made gold more expensive for Indian buyers.
02/17/2012
Umirzak Shukeyev’s criticisms come as a pointed attack on the fund’s management under his influential billionaire predecessor Timur Kulibayev, who is the son-in-law of the energy-rich Central Asian nation’s president.
02/17/2012
He previously worked at Fortis Bank SA and Standard Chartered
02/16/2012
Bankers say wealthy Asian investors are already showing interest in the new notes.
02/16/2012
She played a major role in ANZ's acquisition of a majority stake in ING Australia and was on the board of OnePath.
02/15/2012
While top executive compensation levels in India compare favorably with the West, it is alarming that pay governance is yet to find a prominent place on the board agenda, PwC said in a report on executive remuneration.
02/15/2012
The CBA has recorded a statutory net profit after tax for the half year ended Dec 31 2011 of $3.624 billion, a 19% increase on the previous corresponding period, in a strong result unaided by its wealth management arm which recorded a loss.
02/14/2012
Euromoney is a leading publication for the global banking and capital markets communities.
02/14/2012
He said getting information about such illegal transactions is a time taking process as investigators have to peel each layer by sending judicial requests to the country where such deposits have been made.
02/14/2012
Attention is paid to which private banking services are valued by HNWI's in China, and what criteria is used during selection.