08/13/2012
Credit Suisse opens new private banking office in Japan
Credit Suisse announced today the opening of its new office in Osaka, adding to its existing Tokyo and Nagoya offices.
Wealth and Asset Management
08/13/2012
Credit Suisse opens new office in Osaka
The Osaka office is located at Hilton Plaza West Tower 16F, 2-2-2 Umeda, Kita-ku and houses Credit Suisse’s employees dedicated to serving its Private Banking clients in Osaka and the Kansai region.
08/12/2012
German money not being sent to Singapore
Recent reports of such tax-dodging schemes have sparked a renewed outcry in Germany against a planned treaty between Switzerland and Germany designed to help Germany recoup some taxes from money held in Swiss accounts.
08/12/2012
Julius Baer confirms purchase of Merrill Lynch private bank outside US
Approximately two thirds of IWM AuM are from clients domiciled in growth markets in Asia (more than half), Latin America and the Middle East.
08/09/2012
Julius Baer confirmed as Best Boutique Private Bank in Asia
Julius Baer has been confirmed as the third-time winner of the Best Boutique Private Bank in Asia award by The Asset magazine, a leading Asian trade publication.
08/09/2012
Cazenove set for Asia push with Hong Kong office plans
He said Cazenove had found its investment approach had gained traction in the market.
08/08/2012
Property Seller Announces “Little Japan Project”
Global Asia Investment Group sells annually more than 700 pieces of overseas property to Japanese investors, and the number it sells to Japanese people living in Japan is higher than any other companies in the world.
08/08/2012
Bendigo sells stake in wealth firm
The rural bank said its earnings for the year to June 30 would receive a $40 million boost from the sale.
08/08/2012
The High Price of Joining the ‘Sovereign Country Club’
Balding lists three points that he says a SWF should respect to function properly.
08/07/2012
City calls for heads to roll at Standard Chartered
Mr Sands has been chief executive of Standard Chartered since 2006.
08/06/2012
BOCHK AM takes pivotal role within Bank of China
In addition, BOCHK AM will serve to enhance third-party due diligence and provide support on front-line marketing and investor education.
08/06/2012
Why Indian CEO pay needs policing?
After Western banks and non-banking institutions brought the world economy to its knees through imprudent and indiscriminate lending corporate practices, there is widespread revulsion at the plus size pay their fatcats get.
08/06/2012
Boutique multi-family offices take growth from banks
Of the top 10 fastest-growing firms ranked, only HSBC Private Wealth Solutions was part of a big bank with the other nine on the list boutiques.
08/06/2012
Citi opens China flagship outlet
Largest consumer outlet in China to offer full range of products and services to Retail, High Net Worth and Commercial Customers
08/06/2012
AMP CEO Craig Dunn forfeits $3.2m worth of bonus shares
He is the second executive in less than a fortnight to forgo shares because of performance hurdles.
08/05/2012
Private banks distorting Asian credit
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
Top 10 richest Chinese families in 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
Asset Management Firms Need a Wake-Up Call - Research
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
DBS sees pressure on margins as Q2 profit beats forecasts
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 New Normal For Asia
The importance of access to accurate and target specific information is a vital element of any financial institution’s roadmap in Asia.