09/20/2011

Citi Singapore Chief Extols City-State's Virtues

Few economies felt the pain of the last financial crisis as much as Singapore. But the city-state bounced back sharply, and has lately gained traction as a regional and global leader in private banking and wealth management.

09/20/2011

Tibet's first private banking service opens in Lhasa

It is the bank's 38th private banking center in China, filling a gap for the service in Tibet and aiming to serve the region's burgeoning private financial needs, said Han Wenzhen, president of the Tibet branch of the CCB.

09/16/2011

HSBC lifts gold price forecast

HSBC and metals consultancy GFMS both said they see gold rising above $2,000 an ounce, citing high government debt levels and instability in the currency markets, even as spot prices slipped back below the $1,800 mark.

09/16/2011

Need to narrow income gap

The key issue for China now is to focus on implementing bold, comprehensive reforms to rebalance wealth distribution

09/09/2011

PlanCom wants $10 bn India wealth fund

The Planning Commission wants India to set up a sovereign wealth fund with an initial corpus of USD 10 billion, mainly to invest in energy and mining assets abroad.

09/09/2011

The jet-setters club

An intriguing array of private jets swarms Indian skies as India's billionaires revel in luxury.

09/08/2011

Asia private bankers earns more than European boss

Julius Baer Group Ltd. (BAER) Chief Executive Officer Boris Collardi enters the 18th-floor meeting room in the bank’s Hong Kong offices lugging a suitcase that contains a clue to the soaring pay of Asian private bankers.

09/08/2011

Standard Chartered makes haste with merger

IF ONLY all mergers and acquisitions could be as swiftly completed as Standard Chartered Bank's swallowing of local specialist resource advisory group Gryphon Partners.