02/24/2022
OCBC Targeting Wealth Management Growth
Headcount growth, partly for the wealth management segment, was cited by the bank as a key driver of a 7 percent increase in operating expenses for the full year.
Wealth and Asset Management
02/24/2022
Hywin Holdings: Financial Results for the First Half of Fiscal Year
Continued strong momentum in new client acquisition
02/24/2022
Blackstone Plans to Double Headcount in Asia Targeting Wealthy
Wealthy Asians pour money at record pace into alternatives
02/22/2022
Wealth manager Hub24 races to beat ‘war for talent’
The ASX-listed wealth management platform
02/21/2022
Jarden raises $NZ60m from family offices
The term sheet invited family offices known to the firm in Australia and New Zealand to bid for allotments of at least $200,000.
02/21/2022
Why Personalized Advice at Scale is the Next Evolution of Wealth Management
All wealth management clients tend to have multiple financial relationships, such as retail banking accounts, 401(k) accounts from previous jobs, robo-advisor or brokerage accounts, and more.
02/21/2022
Family offices should consider multiplying their giving with impact investing
Any additional financial resources required by the hospital for its ongoing operations would then have to be funded by its own revenue
02/21/2022
CLSA CP launches private equity fund
The alternatives platform of Citic Securities has launched a China-market US dollar-denominated private equity fund.
02/20/2022
Hong Kong ‘will be fine’ Standard Chartered CEO says, has no plans to shift staff over Covid-19 policies
“There’s not a material impact on our business from the mobility restrictions,” Winters told the Post.
02/18/2022
StanChart CEO Hopes to Stay With Bank Until 2024
And its CEO Bill Winters hopes that he will remain at the helm long enough to see the bank hit the target.
02/17/2022
Netwealth share price nosedives despite record income
“Netwealth expects to benefit from growth in its affluent, high net-worth and private wealth groups as its platform functionality supports and enables the unique and differentiated needs of the segment,”
02/16/2022
UBS Sees China Private Banking Revenue Pool Hitting $163 Billion
Cooling China property market could spur reallocations
02/16/2022
China's 'common prosperity' drive positive for wealth management industry - UBS
"Common prosperity" is a policy drive by President Xi Jinping to narrow the gap between rich and poor."
02/15/2022
Asia Named a «Growth Star» for HSBC's Swiss Private Bank
Combined with the relocation of some global and regional roles in support functions, this will lead to some Swiss roles being impacted.
02/14/2022
Guangzhou’s largest firm announces default on wealth management products
A financial manager said that Cedar Holdings noted that the value of the assets mentioned above is enough to cover the total amount of about $3.15 billion of financial products.
02/14/2022
Blackstone acquires majority stake in wealth management firm
The deal, which according to market participants valued the company at around $1 billion, was through a secondary transaction with senior employees also selling an 11% stake to Blackstone. Blackstone and ASK Group declined to comment on the financial term
02/13/2022
BlackRock CCB Wealth Management approved for pension wealth management in China
The regulator has previously designated four banks to pilot pension wealth management
02/10/2022
Speech by Mr Heng Swee Keat at the Opening of the Wealth Management Institute
It has been almost twenty years since the WMI was established in 2003. I am glad that Ms Ho Ching and Mr Ng Kok Song, who are instrumental to the founding of WMI, are here with us today.
02/10/2022
HSBC Grows Prime Brokerage Business For Asia Investments
The London-headquartered bank will hire more prime brokerage staff and invest in technology to enable competition with established rivals.
02/10/2022
Liu puts relationships at the heart of Citi Private Bank
It is the kind of thing that couldn’t have happened before Zoom, and likely wouldn’t have happened until Covid hit and accelerated the adoption of video calling services.