08/05/2012
The private bank bid from Asia for primary debt has become the most significant in global terms, dwarfing the European or US retail bid as the region’s growing band of high-net-worth individuals increasingly put their expanding coffers to work in As
08/05/2012
Liang Wengen's family was followed by Wu Yajun's family from Longfor Properties and Li Yanhong's family from Baidu who ranked fourth and second on last year's list respectively.
08/02/2012
According to a new industry analysis surveying 96 money managers worldwide that oversee approximately $21 trillion in assets, profit margins since the financial crisis have been managed by controlling compensation and benefits expense.
08/02/2012
The warning mirrored comments by rival Oversea-Chinese Chinese Banking Corp as Singapore lenders brace for an Asian slowdown amid concerns that Europe's debt crisis could dampen business and trade activities in the region.
08/02/2012
The importance of access to accurate and target specific information is a vital element of any financial institution’s roadmap in Asia.
08/02/2012
The report also found however that the reporting regime around the donations was opaque and that improved reporting standards and disclosure would lead to better targeted philanthropy and significant reputational enhancement for the companies concerned.
08/01/2012
There are now 1,020,000 millionaires in China–a national record–and 63,500 “super-rich” Chinese.
08/01/2012
As a share of total revenue, wealth management contributed 26%, unchanged year-on-year. OCBC’s private banking business continued to expand, with assets under management growing 20% year-on-year to US$36 billion (S$45 billion) as at 30 June 2012.
07/31/2012
The global banks are allocating more resources to private banking and wealth management in a bid to capture the growing wealth globally and switch to more stable fee-based revenues.
07/31/2012
That makes him a target for wealth managers in Singapore, the private-banking capital of Asia.
07/31/2012
Standard Chartered said in its results statement that it has assisted clients in UK, Europe and the Americas, who are suffering with a debt crisis and government austerity measures, "to access the growth markets of Asia".
07/31/2012
Is gold set to shine once again?
07/31/2012
Barings snaps up South Korean boutique for Asian push
EIAK has a comprehensive asset management license which allows it to offer a full range of products and services to the Korean market.
07/30/2012
Australian Trustees forms Private Wealth Solutions business
The new division would come into effect from the beginning of August.
07/30/2012
Analysts said they are not expecting any major surprises and expect earnings to a be somewhat the same as in the previous quarter.
07/30/2012
As competition for deposits has intensified, Chinese banks — particularly small non-state-owned entities — have been rapidly expanding their WMP offerings, Fitch said in a report released on July 27.
07/30/2012
In challenging conditions marked by increased volatility and greater client caution, UBS continued to execute its strategy and to deliver on its enduring commitment to clients, achieving pre-tax profit of CHF 951 million.
07/30/2012
And the report showed how Chinese individuals with more than 10 million yuan (€1.27 million) broke through the one million mark for the first time, up 6.3 per cent on 2011.
07/29/2012
The richest people on the planet added $15.2 billion to their collective net worth this week as global markets rose on speculation that Europe will move to ease borrowing costs in Italy and Spain.
07/29/2012
Private client stockbrockers are failing to satisfy affluent and wealthy customers
The survey of almost 2000 individuals also found that those using a full-service stockbroker gave the firm only an average score.