10/16/2012

Asia's financial industry set to grow

These segments include trade finance, cross-border corporate lending, capital raising in the equity and debt markets, as well as wealth management

10/15/2012

Citigroup looks to Asian deal activity

Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution to the US “fiscal cliff” would unleash pent-up demand in the US.

10/14/2012

Leading Swiss Private bank to slash 10,000 jobs

Swiss newspaper Tages-Anzeiger, citing internal documents, reported the bank plans to lay off almost a quarter of its 8,200 staffers in the IT department. It says that is likely to be followed by wider cuts, possibly affecting a fifth of the company'

10/14/2012

Royal Bank of Canada targets Asian wealth

RBC Wealth Management, the world's sixth largest wealth manager by assets under management, is seeking small to medium-sized asset managers in Asia, and plans to more than double client manager numbers by 2015.

10/11/2012

Bank of China executive warns of shadow banking risks

A senior Chinese banking executive has warned against the proliferation of off-book wealth management products, comparing some to a Ponzi scheme in a rare official acknowledgement of the risks they pose to the Chinese banking system.

10/10/2012

Swiss Private Client Firm To Open In Singapore

SJS Capital Management is part of SJ Seymour Group (SJS Group), an independent financial services company providing research, advisory, execution services and private wealth management solutions. SJS Capital Management focuses exclusively on servicing the