08/29/2014
Equity Trustees lifts profit 12%
Equity Trustees after tax profit rose 12% for the full year following the acquisition of ANZ Trustees.
Retail Banking
08/29/2014
ICBC Profit Grows at Slowest Pace Since 2009
ICBC, China's Largest Lender, Posts Profit of $24.1 Billion in Latest Period
08/28/2014
Maybank Profit Growth Eases as Investment Banking Business Slows
Malayan Banking Bhd., Malaysia’s biggest lender, said profit rose at the weakest pace since 2009 last quarter as a slowdown in its investment banking business countered gains from loans growth.
08/28/2014
First-half profit growth slows at Agricultural Bank of China
Agricultural Bank of China Ltd. reported the slowest first-half profit growth since it went public in 2010, while its bad-loan level picked up as the country's economic growth slows.
08/27/2014
Profit up and new products for ClearView Wealth
ClearView Wealth has posted a 23% increase in after tax profit for the full year to 30 June while also announcing it is entering the low cost product market for low account balance investors .
08/27/2014
China Investment Billionaire Guo Guangchang's Fosun Says 1st-Half Net Profit Rose 8%
Fosun’s shares have gained two-thirds at the Hong Kong Stock Exchange in the past year.
08/25/2014
Bank of Chongqing Announces 2014 Interim Results
Net Profit Increased 18%, Ranked High among Listed PRC Banks
08/25/2014
Centrepoint Wealth posts $11 million turn-around in profit
Centrepoint Alliance has posted an $11 million turn around in after tax profit in the last 12 months reporting a $3.3 million profit for the past financial year up from the $7.8 million loss reported in the 2012-13 financial year.
08/22/2014
RBC reports record Wealth Management net income
Wealth Management net income was a record $285 million, up $52 million or 22% compared to last year, mainly due to higher average fee-based client assets across all businesses resulting from capital appreciation and net sales
08/21/2014
AMP profit falls 3 percent as restructure costs wipe out earnings gains
In wealth management, operating earnings for 1H 14 were up 16 per cent compared with 1H 13, reflecting increased investment related income from higher customer account balances, a strong rebound in net cashflows and good cost control in a growing business
08/21/2014
Korea’s asset managers’ net profits soar 51.8%
Korean asset managers saw their net profit soar 51.8 percent in the first half of the year from a year earlier due to a rise in returns from stock investment
08/19/2014
Hong Kong’s Value Partners sees explosive first half growth
The growth momentum of AUM appears to have been sustained going into the second half of the year. Improvement in fund performance and net sales sent the group’s AUM to an all-time high of US$10.7 billion as of the end of July.
08/18/2014
NAB lifts earnings to $1.6 billion
The update, released on the Australian Securities Exchange (ASX) today also pointed to a stronger performance by the bank’s wealth management division.