04/11/2012
It’s more or less the model of much investment banking business, from mergers to IPOs, where banks charge pretty customary fees and market themselves not on price but on providing the best objective advice, though of course even there most of what y
04/10/2012
Mesha'al suing UBS's DIFC branch, claiming he was not paid for helping the bank
04/10/2012
The new generation of Asian millionaires are giving some bankers fits
04/10/2012
Bank of America-Merrill Lynch downsizes wealth unit
Bank of America-Merrill Lynch has asked more than two dozen employees at its wealth management unit to leave as the stock market slowdown worsens and the economy continues to be sluggish.
04/09/2012
The Korea Institute of Finance, a state-run think tank, said in a report on Sunday that the country’s private banking market needs a revision to the related law to bolster growth and stay competitive in the long term.
04/05/2012
Singapore will end a program that allows wealthy individuals to gain permanent residence quicker by putting money in the island, after an influx of foreigners in recent years spurred property prices and fueled voter anger.
04/04/2012
Capitalizing on the continuing secular shift of global economic power from West to East was the dominant topic at the recently-concluded Wigmore Association Summit, a semiannual global collaboration of the chief investment officers of six family offices r
04/04/2012
The survey presents the results of the Deutsche Bank research chair’s foundation paper – a dynamic asset-liability management (ALM) model developed to guide asset allocation and risk management decisions at the SWF level, and describes the res
04/03/2012
UBS has kept the lead in its battle with Citi for top spot on the stockbroking league table, as trading picks up.
04/02/2012
While in terms of their current geopolitical interests, histories and cultures, Russia and China are vastly different, their super-rich share many common traits.
04/02/2012
The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citi said today in the report published in pa
04/02/2012
Starting today, StarBizWeek features a column on personal finance called Money & You, which will focus on money matters as they relate to YOU. Our two writers will take turns every fortnight to shed light on personal finance matters.
04/02/2012
The broker wars of 2012 are heating up as a foreign invader tries to crack the U.S., Asian, British and Latin American markets.
03/30/2012
DBS which posted record profits for 2011 on average paid higher bonus than last year, said DBS spokeswoman Karen Ngui.
03/30/2012
Every year, hundreds of Chinese private bankers gather in Hongqiao, a nondescript corner of smog-shrouded Shanghai, to learn the basics of wealth management.
03/29/2012
It found that the prices of high-end properties in Hong Kong have increased at a 60 percent compound annual rate since 2009.
03/29/2012
Hong Kong’s private banking industry is in talks with the government and regulators seeking the removal of some red tape and compliance requirements implemented after the financial crisis, to help it sell products to more of the region’s multi
03/29/2012
Conner will retire as CEO next month after a decade running OCBC. He will be replaced on April 15 by Samuel Tsien, who has run the bank’s global corporate bank since 2007.
03/29/2012
Societe Generale Private Banking and Forbes Insights analyse global wealth and family ties
The study analyses over 1,200 of the world’s largest fortunes with a minimum net worth of 210 million US dollars, in 12 countries or regions: Brazil, China, France, Germany, Hong Kong, India, Mexico, the Middle East, Russia, Singapore, the United Ki
03/28/2012
A number of Australian wealth managers have stepped up the level of communication with their financial advisory network in light of the passage of the federal government's advice reforms.