06/17/2022
India and Switzerland had, for automatic sharing of financial account information, signed a Joint Declaration on November 22, 2016 for activation of AEOI in tax matters between the two nations.
06/16/2022
The index indicates that purchasing power has been hit this year, with the price of goods and services for the rich having risen 15 percent and 22 percent, respectively, on average.
06/14/2022
With global equity and bond markets down in 2022 – including extra pain in Greater China – most private banks in Asia will be feeling the drag of lower trading volumes from the region’s notoriously self-directed, hands-on investors.
06/14/2022
At AIA, we recognise the urgent needs of underserved HNWIs amid the explosion in Asian wealth.
06/14/2022
She explained that private bankers need to be agile and to keep delivering capabilities and sound advice through all their ups and downs.
06/13/2022
The WealthBriefingAsia Awards are designed to recognise outstanding organisations which have demonstrated innovation and excellence during the year.
06/10/2022
In addition to Covid and lockdown-related challenges, Chen underlined continued troubles in the local real estate market.
06/09/2022
The company also released research showing Hongkongers with multi-generational responsibilities are being squeezed by inflation and slower growth
06/09/2022
Citi plans to hire around 3,000 employees for its institutional business in Asia over the next few years
06/09/2022
Research shows that wealth management businesses have set plans to almost quadruple assets under management and increase revenues by 60% by 2025 relative to 2021 levels in Asia, which is the primary center of operation for these firms.
06/09/2022
Some 67% of respondents from the wealth management and superannuation space said they lobbied the regulator for change via industry bodies.
06/09/2022
Growing Pressures for Singapore and Hong Kong’s Sandwich Class
06/08/2022
The awards were presented on June 02 at a gala evening in Singapore.
06/07/2022
Global banks have been cautiously moving into crypto for several years, some building it within existing operations and others setting up new businesses.
06/07/2022
This will mostly be through acquiring and layering on digital tools, and sometimes through outsourcing processes, the latter usually well away from any client interface.
06/06/2022
The awards, presented at a ceremony in Singapore, recognise outstanding achievements and progress across the Asia wealth management sphere during the last year.
06/04/2022
Some of the biggest and most sophisticated include Ray Dalio’s namesake family office, Michael Dell’s MSD Capital and Stanley Druckenmiller’s Duquesne Family Office.
06/03/2022
The RIA was Lumiant’s first customer and investor in the U.S.
06/02/2022
The awards recognise and showcase the ESG, impact, diversity and inclusion initiatives and efforts of firms and individuals.
06/02/2022
Private banks tapping into onshore opportunities is not a new trend