02/11/2013
Barclays announces the outcome of its strategic review and sets out commitments for 2015
Barclays has announced the outcome of its strategic review and sets out commitments for 2015
02/07/2013
Auzzie bank to snare DIY investors with MyWealth platform
According to the latest ATO figures, there are four new SMSF funds established every single hour.
02/07/2013
Swiss-banking group shuts Asian FoHF, as QIC winds up quant fund
The Swiss firm has shut an Asian fund of hedge funds with significant exposure to China, while Australia's QIC is winding down its regional quant strategy.
02/07/2013
Coutts launches Investor Insights Blog
Using social media to provide insightful investment commentary
02/06/2013
UK Private bank prepares for bear market in bonds
Expects end to 20-year bull run
02/06/2013
Citibank eyes 15% growth in wealth management
Citibank Indonesia is targeting two-digit growth in its wealth management business this year as the company unveils more services to attract more premium customers.
02/06/2013
Manulife Financial Corp., Canada’s largest insurer, posted fourth-quarter net income of C$1.06 billion ($1.06 billion), above analysts’ estimates, and said wealth-management revenue in Asia reached record levels.
02/05/2013
DBS Group Holdings Ltd., Southeast Asia’s largest bank, said fourth-quarter profit rose 4 percent
02/05/2013
The private banking industry has had to modernize as never before to keep pace with the global needs of clients, new regulation and rebuild trust.
02/04/2013
Wealth management businesses’ full-year net new money up CHF 11.3 billion to CHF 46.9 billion
02/04/2013
LGBT Capital and Financial Partners has announced the launch of LGBT Wealth, the first Wealth management operation focused on the LGBT community in Asia.
02/03/2013
Asian families shunning hedge funds
This will be worrying for hedge fund managers
02/03/2013
As global growth has been shifting from Europe and North America to Asia, the number of wealthy Asians has been rising
01/31/2013
Why India needs a tax on inherited wealth
There are both ethical and economic reasons for an inheritance tax, which has won support from many economists
01/31/2013
Banking & Payments Asia: China’s UHNW population growing fast
Each UHNW individual in China is expected to spend $570,000 on average on luxury items and private jet ownership in China is expected to double this year.
01/31/2013
UBS to boost wealth managenment business in China
"China, as one of UBS' most important markets, will continue to be key for our new strategy," Weber said during his first visit to China after becoming UBS chairman last year.
01/30/2013
Banks expected to launch asset management firms
The Chinese Securities Regulatory Commission recently met with fund-management executives from the five banks to discuss the approval process and hear presentations about the firms' plans.
01/30/2013
UBS, Coutts target onshore wealth in HK
Amid signs of a rising appreciation of asset allocation, the Hong Kong market heads of two private banks step up marketing to the city’s underpenetrated high-net-worth community.
01/30/2013
Growth in Indian art paves the way for wealth management
In the past, the Indian art market was largely dominated by collectors and connoisseurs
01/29/2013
Wealth management products are similar to time deposits