12/19/2011
Lone Star, which won control of Korea Exchange Bank in 2003 when no local lenders were interested, spent more than five years entangled by courts, regulators and lawmakers as the fund incited public backlash over the profits on its investment.
12/19/2011
Despite giddy Chinese art prices showing some strain from global economic uncertainty, collectors like Lo think values will continue to rise due to limited supply and continued strong demand as Asian collectors become more affluent.
12/16/2011
Quam Private Wealth officially commenced its business on 13th December in Hong Kong, taking full advantage of the territory as an international financial hub while knitting together mainland's emerging opulent elites.
12/16/2011
A Standard Chartered Bank spokesperson said that information relating to the bank shutting down what is known as booking centres for private banking in a few cities was untrue.
12/16/2011
The bank is also looking to expand its private banking, energy and commodities and trade clearing businesses, Mr Hugues Delcourt said in Singapore.
12/16/2011
The regulator has received over 100 responses on the proposed norms from various stakeholders and will come out with the new rules soon, the person quoted first said.
12/15/2011
Investors are advised to diversify among carefully selected equities, credits and alternatives and focus on domestic demand and structural growth themes in Asia.
12/09/2011
In a 2007 survey, only farmers felt that wealth distribution was fair, possibly because the government rescinded agricultural taxes and began to provide tuition waivers for rural students in 2006, Zheng said.
12/08/2011
A study by Kotak Wealth Management and Crisil estimates that there are around 62,000 UHNIs in India as of 2010-11, which is poised to rise to 219,000 by 2015-16, reflecting a total net worth of Rs235 trillion.
12/08/2011
Sovereign wealth funds are seeking to hold more local-currency emerging bonds as a strategic allocation while central banks want to raise their exposure to higher-rated emerging economies such as Singapore, Chile, Brazil, Peru and South Africa, Trigo Paz
12/08/2011
Former Perpetual Private Wealth executive, Lee Wapling, will head up the firm.
12/07/2011
Singapore top destination for expats - survey
That is four South-east Asian countries in that top 10 list.
12/06/2011
The group that UBS joins comprises BofA Merrill Lynch, GETCO LLC, Goldman Sachs, Morgan Stanley, and Quantlab Group LP. Instinet Incorporated, a Nomura Group company, remains the largest equity holder through a subsidiary company.
12/02/2011
Zhai Meiqing says her main motivation for being involved in commerce is philanthropy and contributing back to society
12/02/2011
The expansion is a continuation of the 350-million pound investment programme - known as Project Gamma - announced by the British private bank in 2010 to grow its global AUM from 170 billion pounds to 290 billion pounds by 2014 through investments in infr
12/02/2011
The findings said 76 percent of people consider the wealth gap rather serious, while 14 percent said they cannot make ends meet, said Professor Wong Chack-kie, associate director of the institute.
12/01/2011
The real estate boom has resulted in many farmers becoming millionaires overnight and that is a segment too that the UK-based bank will target.
12/01/2011
He joins Pictet from Credit Suisse, where he was Asia-Pacific chief operating officer (COO) for private banking until mid-August.
11/30/2011
She set up Rothschild’s Indonesia office in 1997 and was appointed Singapore-based head of Southeast Asia investment banking in 2006.
11/30/2011
Select is now looking for a small number of dealer group partners for the portfolios while it assists MGD to build multi-manager, multi-asset class portfolios.