06/02/2020
The rapid spread of the novel coronavirus across the world has led to a steep drop in economic activity, as most people worldwide have been compelled to stay at home and keep their distance from others.
06/01/2020
In revenue terms, it translates to an additional $4 million of gross revenue and EBITDA of 400,000 in FY21, SEQ estimates.
05/29/2020
The mainland asset management unit of the private bank is expanding its China footprint.
05/28/2020
The mindset change across Asia is resulting in both increased awareness about effective ways to plan for wealth transfers from one generation to the next, and a greater willingness to plan for such transfers.
05/28/2020
It is understood the move was made after the business decided it was overweight an analyst.
05/26/2020
How companies switch the lights back on in their operations can create a new corporate culture of care and confidence that will have far-reaching effects long after the pandemic has ceased to be an existential threat.
05/26/2020
Private banks will be allowed to have face-to-face meetings, but staff must be equipped with a face shield in addition to a face mask.
05/25/2020
With low opportunity costs and relative invulnerability to any future rise in inflation, gold is likely to attract more interest from investors.
05/25/2020
The commission had approved 19 banks to set up their wealth management subsidiaries by the end of last month.
05/24/2020
These are the leading wealth firms – manage many Trillions of Dollars in Assets.
05/22/2020
This step is the first of many in our pursuit of enhancing our support for customers and their finances – not only in Hong Kong but overseas.
05/21/2020
In some situations, this might not be as big a problem as it initially seems.
05/20/2020
The move comes after the firm decided earlier this year to put on hold plans of developing its businesses in China and Hong Kong as the coronavirus outbreak was peaking in the mainland.
05/20/2020
Aiming to become the top wealth manager in Asia Pacific in the medium-to-long-term, HSBC plans to sharpen its focus on clients with investable assets of over US$1 million.
05/20/2020
The number of new customers for wealth management increased by 24 percent at the end of 2019
05/20/2020
HSBC will look to add greater focus on wealthier clients
05/18/2020
Chinese HNW clients have had a few tough months, to put it mildly.
05/15/2020
A category of AsianInvestor’s Asset Management Awards 2020
05/14/2020
The current situation is proving an ideal time to re-evaluate legacy structures and, in line with this, we’re seeing a marked trend towards professionalisation of Asian family office functions.
05/14/2020
“This crisis will cause many banks and firms to struggle,” he begins.