07/23/2012

Bank Hapoalim closing Singapore branch

The restructuring will be carried out by the representative office of Bank Hapoalim (Switzerland) and by its Hong Kong subsidiary, BHI Investment Advisors (Asia) Ltd., which specializes in investment advice, and by Poalim Asia Direct Ltd., which operates

07/22/2012

Super rich hold $32 trillion in offshore tax havens

The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.

07/19/2012

China's Bank Launches Wealth Management Center in Thailand

The newly-established "Prestigious Wealth Management Center", affiliated with the bank's Bangkok branch, is the third of its kind that BOC operates overseas, after London and Singapore, said Che Jun, general manager of the branch.

07/19/2012

China buys into Canada

Given Canada’s natural resources potential, China has looking here for investment opportunities.

07/17/2012

Premium and The Emerald Club form alliance

Under the terms of the arrangement, Premium has taken a 25 per cent stake in the group, with Premium chief executive Paul Harding-Davis and Michelle Brisbane (a financial adviser with Ethical Investment Services) joining Emerald's board.

07/16/2012

UBS rolls over unique Australia banker bonus deal

Bonuses often make up the majority of pay for senior investment bankers, with managing directors at most major Western banks usually in line to make around $1 million or more a year.

07/15/2012

AIA, Manulife crunch numbers as final ING bids loom

ING is selling its Asian life insurance and its asset management units in the region as it needs to repay bail-out funds it received from the Dutch government during the 2008 financial crisis.