11/27/2012
Hong Kong’s aspiring affluent optimistic
The confidence that Hong Kong’s aspiring affluent and affluent respondents have in tracking market changes means that they also feel more secure."
11/27/2012
Young philanthropists more interested in wealth gap than climate change
The next generation of wealthy young philanthropists want to use their money to bridge the gap between rich and poor, according to a major new global survey.
11/26/2012
''We are sceptical of short-term measures that are able to be controlled or manipulated by management as they may result in increased risk and not enhanced value for shareholders over the longer term.''
11/26/2012
ANZ Global Wealth and Private Banking CEO Joyce Phillips said: “This MoU is another step in bringing our super regional strategy to life in ANZ Private Bank.
11/25/2012
State Street Global Advisors Asia is awaiting regulatory approval to set up a joint venture to provide fund management for wealthy Chinese
11/25/2012
Bendigo and Adelaide Bank has 35 branches in the region, five of which it opened in the last three years.
11/22/2012
In particular, Asian countries are looking at the growth of Community Foundations
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