09/11/2012
The new office will accommodates 20 professional consultants including wealth planners, finance managers, in-home consultants and administration staff.
09/10/2012
"CAs and wealth managers know where the money is. For the luxury firms, we are just another way of bringing out the rich buyer as a slow economy discourages them from heading towards their stores,"
09/10/2012
“Even if it’s tough and times are not as good as they have been, people would rather be here in Asia than anywhere else,” he says.
09/10/2012
While a global program, its focus remains on the strong Asian HNW market, emphasizing how important Asia is for wealth managers looking to grow assets under management and how competitive this market is becoming.
09/09/2012
One of the biggest gainers was Amancio Ortega, who gained $1.3 billion, according to the Bloomberg Billionaires Index.
09/09/2012
He said the decision had been based, in part, on Fitzpatricks' advice approach and the investment management approach via Fitzpatricks subsidiary, Atrium Investment Management.
09/06/2012
Entering the 2,300 square-meter service hall of Wenzhou's private lending service center on a Monday afternoon, it was very quiet, with dozens of cashiers sitting in front of computers doing nothing. Only one customer turned up over the next half hou
09/06/2012
The Korean unit of the British banking group, which had been under fire for its planned payments of a high dividend, made the decision at a board meeting on Thursday.
09/06/2012
Sidney Lim, former managing director of BDO Wealth Management said that his team had conducted an extensive search for a firm that lived the professional values and standards that his group has delivered for many years.
09/05/2012
According to WSJ, though the bank is not charging lower interest rates than its competitors, it is however willing to offer long-term loans for large amounts, which most commercial banks do not offer as it exposes them to heavily to a single client.
09/05/2012
Hurun Report, the leading authority on wealth in China and publisher of the annual China Rich List, today released the 2012 Hurun Luxury Consumer Price Index (Luxury CPI).
09/04/2012
Vineet Vohra, Asia-Pacific head of wealth development, retail banking and wealth management (for clients with up to $5 million with HSBC), says the bank has retrenched in recognition of a need to service clients more effectively and not allow them to be d