11/22/2012
Bullish bankers struggle to adjust to bonus cutbacks
Self-confidence and betting on long odds are part of their DNA and so, while expecting the financial industry to slash bonuses this year, many bankers think it will not happen to them.
11/22/2012
joins Coutts from Merrill Lynch, where he was a Managing Director responsible for building the private investment banking group in Hong Kong.
11/21/2012
As Some Banks Cut Back in Asia, Others Expand
Oppenheimer Holdings, one of the top underwriters of Chinese IPOs in the U.S
11/21/2012
Multi-family offices question the independence of private banks, but say they are losing the battle for mindshare because they don't have the same sort of marketing budget.
11/21/2012
The private bank seeks to attract clients through providing solutions or helping make social connections
11/21/2012
OnePath also took out three categories in the sector awards: Listed Property trust, New Zealand Fixed Interest and International Equities.
11/20/2012
Called `ICICI Bank Diamant', the card is another addition to the lender's 'Gemstone collection' which includes the Sapphiro, Rubyx and Coral credit cards, the private bank said in a statement.
11/19/2012
The ferocious rise in the number of Asia’s wealthy is being matched only by the scramble by private bankers to influence what they do with their cash.
11/19/2012
Credit Suisse today announced changes in its organizational structure and to its Executive Board effective November 30, 2012.
11/19/2012
NATIONAL Australia Bank has awarded chief executive Cameron Clyne a pay rise, despite the bank suffering a sharp fall in profits over the past year.
11/19/2012
At present, BOC has set up private banking branches in 20 key regions across the country,
11/18/2012
They haven't been put off by its scrapping of Financial Investor Scheme: Barclays Bank MD
11/18/2012
We understand that with five years of tough times in investment markets
11/18/2012
Royal Bank of Canada is seeking small- to medium-sized acquisitions
11/14/2012
Asian banks win as rich seek safety
When the world's richest people want to manage and grow their wealth, they now consider safety of assets, not investment return, as the top priority, following the 2008 global financial crisis that originated on Wall Street.
11/13/2012
As more wealthy Asians seek to buy property overseas as an investment or short-term residence, their private bankers are only too happy to help.
11/13/2012
"They are quite siloed in their existence. They are wealth-management businesses in their own right and retail banks sit over on the other side."
11/13/2012
China's Industrial and Commercial Bank of China on Monday officially opened its branch in Melbourne. It is the third ICBC branch established in Australia after Sydney and Perth branches.
11/12/2012
Private bankers help as Asians shop for foreign property
As more wealthy Asians seek to buy property overseas as an investment or short-term residence, their private bankers are only too happy to help.
11/12/2012
Financial planners at National Australia Bank have been warned to brace for big cuts