09/23/2021
Transitioned from consumer banking to private banking
The importance of Asia Pacific to Citi is further highlighted by the fact that Hong Kong and Singapore account for two of its four wealth centres outside of the US.
09/23/2021
Advisers would also have access to educational content, explainer videos and client-facing tools to accelerate planning, the firm said.
09/22/2021
Westpac will continue to operate these businesses and support its Pacific customers
09/21/2021
In their survey report “Are You Developing A Hyper-personalised Strategy?”, Objectway asked domestic and overseas Wealth & Investment Managers which definition of hyper-personalisation fitted best for them.
09/19/2021
An estimated $6bln in Evergrande wealth management products are outstanding
09/17/2021
UBS Optimus Foundation's India expansion comes as the bank’s philanthropic activities gather pace around the globe, with new initiatives in climate, health, education, child protection and social finance.
09/17/2021
T. Rowe Price has moved its asset allocation to Australian equities from overweight to neutral after a year as it believes economic growth has now peaked.
09/17/2021
Nomura is among Japanese brokerages under pressure to increase income from businesses
09/16/2021
DBS Private Bank sees surging client demand for in-house managed investment products
In the past year alone, AUM more than doubled to SGD 10 billion.
09/16/2021
The family businesses in the 2021 Index collectively generated US$7.28 trillion in revenues, employed 24.1 million people and were distributed across 45 jurisdictions.
09/15/2021
Bank says its has applied to the Hong Kong regulators to launch wealth products, some of which will invest in new economy and new energy sectors
09/15/2021
The firm was set up in August 2020 with 847 billion baht of assets transferred from AIA Thailand, housed in five domestic funds and four foreign funds.
09/14/2021
There are now more varieties of activist investors, including the old school “asset stripper” (greenmailer), entities focusing on constructive engagement and others that take a more hands-on approach.
09/13/2021
The fund is an absolute return long/short credit strategy, focusing on financially stressed and distressed companies, predominantly in Europe.
09/12/2021
The report says that high-net-worth individuals (HNWI) control an estimated US$88 trillion, which would make it about twice the size of the global pensions market.
09/10/2021
Wealth Connect targets affluent region with 70 million people
09/10/2021
The good news is that most Asian markets benefit from low foreign holdings of domestic assets
09/10/2021
The pilot products will last for a year from Sept. 15, and each institution involved can raise up 10 billion yuan ($1.55 billion) of products, the statement from the China Banking and Insurance Regulatory Commission said.
09/10/2021
Sources told Reuters on Thursday that some creditors had agreed to extensions on loan repayments, but market watchers say that may only buy the company a short period of time.
09/08/2021
As They Hasten to Cozy Up to China, M+ Museum and Credit Suisse Have Let Freedom of Speech Fall By the Wayside
Artist Ai Weiwei responds to museum censorship and Swiss outrage over his dissident ideas.