02/24/2021
Recent volatility does seem like a one-off—call it a crowdsourced retail rebellion that managed to squeeze hedge funds in a small collection of heavily shorted stocks that sparked forced deleveraging.
02/24/2021
CIMB’s private banking arm tops total of six categories in Euromoney’s Global Private Banking and Wealth Management Survey 2021
02/24/2021
Siow Li Sen of The Business Times (BT) asks the region's leading private bankers how they turned in strong performances in the face of adversity, and their outlook for 2021.
02/24/2021
The bank's full year 2020 net profit, which at S$3.59 billion was 26 percent lower than 2019's record earnings
02/23/2021
The rejig comes just a year after HSBC announced plans to slash around 35,000 jobs over the next three years
02/23/2021
The global economy has far more momentum than previously thought. In the past week, economists have been moving their GDP forecasts up by 1-2%.
02/23/2021
Having fallen victim to the SARS outbreak earlier in the decade, the Hong Kong people were quick to react.
02/23/2021
Most investors agree that markets are not fully efficient and that behavioural finance can explain a part of the markets’ inefficiency.
02/22/2021
The company is weighing divesting certain units across retail banking in the Asia-Pacific region, including those in South Korea, Thailand, the Philippines and Australia, according to people familiar with the matter.
02/22/2021
Chief executive officer of CIMB Investment Bank Bhd, Jefferi Hashim, said, “We are honoured by the recognition as the industry’s best by our peers.
02/19/2021
Credit Suisse faced setbacks in its core business outside Asia last year
02/19/2021
The bank said the acquisition is not expected to have any material impact on the net tangible assets or earnings per share of OCBC Group for the financial year ending 31 December 2021.
02/19/2021
Among retail customers in the Chinese mainland who do not own Hong Kong wealth management products, 70% expressed interest in purchasing one in the next three years.
02/19/2021
But despite the annual profit slip, the bank could build on the momentum based on its fourth-quarter results and positive data from the bank’s latest media conference.
02/19/2021
Schroders applies for China public mutual fund licence
The firm plans to include sustainable investments in its offering when the public mutual fund management company is established.
02/18/2021
Long added that the retreat from the Asian wealth management business will not affect its other operations in the region
02/17/2021
To date, the bank has delivered on a number of targets articulated in 2019
02/16/2021
Perpetual Private is enhancing its family office services through the creation of a new team dedicated to family office clients, appointing Nick Lipscombe to head the team.
02/16/2021
The values that we share bring a lot of confidence and trust to our clients.
02/15/2021
Those with household incomes above $150,000 a year are far more likely to exhibit affinity to premium (22.8%) and purposeful (31.9%) brands.