Managers of Wealth Asia Pacific

Malaysia emerges as global leader in Islamic banking and finance

Meanwhile, Saudi Arabia, United Arab Emirates and Kuwait ranked third, fourth and fifth with scores of 66.98, 36.68 and 35.51 respectively.

IndusInd Bank hopes to make more profit in rural India

The bank is well on its way to achieve its 1200 branch network by March 2017 as it has already got an active network of 1000 branches as of March 2016. But Sobti said despite digitisation, the bank will continue to add branches.

NAB posts $1.7bn net loss from Clydesdale IPO

NAB's Wealth division did particularly well in the half-year

ARA Asset Management’s earnings jump 10%

Real estate management fees grew 19% YoY to $5.8m in Q1, thanks mainly to higher property management fees received.

UBS Profit Misses Estimates on Lower Wealth, Trading Income

Chief Executive Officer Sergio Ermotti, 55, who has shifted the bank’s focus away from investment banking in favor of wealth management, is struggling with market volatility that led to a slump in trading across the firm.

HSBC underlying pre-tax profits fall 18% to £3.7 billion

HSBC has posted a sharp drop in profits for the first three months of the year after it was hit by "extreme levels of volatility" in financial markets in January and February.

DBS WM revenues rise over 40%

DBS’ wealth management division has posted a substantial 47% quarter-on-quarter increase in net fees and commission income for the arst quarter of 2016

ANZ posts biggest earnings drop since 2008

The big earnings drop at ANZ, the only major Australian bank with a large presence in Asia, also comes in an election year when banking sector misconduct is a hot issue following a series of scandals including insurance fraud and rate rigging.

Ocbc's Profit Falls 14% on Insurance Income Drop, Provisions

Central banks from Southeast Asia to China have delivered various fiscal and monetary measures to boost growth amid mounting troubled loans at lenders.

China Merchants Bank profits grow 6.6 pct in Q1

The bank cited robust retail banking services and the expansion in wealth management and insurance businesses as factors underpinning the profit growth.

ICICI's Profit Plunges The Most In 15 Years As Provisions Surge

ICICI Bank, India’s second-largest lender by assets, reported the biggest drop in quarterly profit in at least 15 years after setting aside reserves on top of provisions to cushion future defaults.

Westpac net profit up 3pc

Income from BT Financial Group reduced by 2% from the previous six months, which Westpac said was due to lower markets and the partial sale of BT Investment Management.

Citi Indonesia posts profit

The bank also set aside a minimum capital requirement of 28.86 percent as of March, the company said in a statement.

Security Bank Net Income Down 12% In Q1

Security Bank Corp. posted a P3-billion net income in the first quarter of the year, down 12 percent from P3.36 billion a year earlier due to lower extraordinary trading gains.

E. Sun Bank of Taiwan branches out in Australia

E. Sun’s biggest shareholder at 4.7 per cent is CBA’s First State Investments, the global offshore arm of Colonial First State Global Asset Management

Nbp records 23 percent growth in profit

Pre tax and after tax return on equity stand at 22.6 percent and 14.8 percent respectively; whereas pre tax and after tax return on assets are at 1.5 percent and one percent respectively.

OCBC posts 14% fall in Q1 profit to $856m

Its net interest income grew 5 per cent to S$1.31 billion from S$1.25 billion a year ago.

Capgemini starts 2016 with positive momentum

Our Digital and Cloud offerings grew 28% in the first quarter.

UOB Q1 profit down 4.4%, hit by lower wealth management fees, trading income

The bank's net profit came in at S$766 million in the three months ended March, versus S$801 million a year earlier.

Profits shrink as banks fight it out for loans

Downturn blamed on falling interest margins and competitive lending market.

Retail Banking