12/19/2012
It’s not yet clear how many, and to what extent, others have defaulted. But analysts say that if more flop and generate headlines like the Hua Xia case, a crisis in confidence could ensue, sparking a run on the wealth product market.
12/18/2012
Most countries worry about brain drain. China is worried about millionaire drain
12/18/2012
But chairman John Morschel defended the scheme, which was packed by 95% of shareholders, said Mr. Smith's pay packet was "perfectly reasonable" given Mr. Smith's track record in steering Australia's third-largest lender by market
12/18/2012
Asia is an incredibly growing market for yachting
12/16/2012
CIC is "still not optimistic" about the debt crisis
12/16/2012
A host of other new products catering to this segment are also expected to be launched in 2013, mainly in the area of investment, insurance and deposits.
12/13/2012
Interest is growing among Asian families for such assets, with cities such as London proving hot destinations, something property firms are also responding to.
12/13/2012
Geary highlights the example of UBS AG, Switzerland's largest bank. It has recently announced that it is going to charge clients for the privilege of depositing cash balances in Swiss francs.
12/13/2012
Geary highlights the example of UBS AG, Switzerland's largest bank. It has recently announced that it is going to charge clients for the privilege of depositing cash balances in Swiss francs.
12/12/2012
The rankings reflected the remarkable growth of the ultra wealthy in the country.
12/12/2012
NAB's financial woes have largely been caused by losses from its troubled UK banking businesses
12/12/2012
Japan's biggest bank will buy Merrill Lynch's 49 percent stake in Mitsubishi UFJ Merrill Lynch PB Securities Co
12/11/2012
Melbourne-based accountancy firm moves into wealth management
The company will merge its financial planning group with its private client accounting
12/11/2012
The mainland's smaller banks boosted sales of wealth management products
12/11/2012
Financials has emerged as the largest wealth-creating sector for the first time
12/09/2012
Both foreign and Indian wealth management and private banking firms such as Barclays, India Infoline and Karvy are looking at sourcing talent from the investment banking segment.
12/09/2012
Global mobility shapes investment approach; Cultural ties influence wealth transfer and philanthropy
12/05/2012
"Managing WMP issuance and payouts is becoming a growing logistical challenge."
12/05/2012
“There are Chinese people who have a lot of money and have soured on China’s real estate market,” said Patrick Chovanec, an associate professor at Tsinghua University’s School of Economics and Management in Beijing.
12/05/2012
BOC Private Banking and BOC Prestigious Wealth Management won the "Best Private Banking Business