10/29/2018
Driving innovation in India’s Fast-Growth Wealth Management Industry
Kapoor noted that everyone in the room knew how great the opportunity is in India.
Wealth and Asset Management
10/29/2018
Brian Balleine: «Wealth Succession is Always a Matter of Trust»
Not only do you have to have it structured properly, but you have to have a health check on the structure on a regular basis.
10/29/2018
Maybank Singapore eyes wealth business with new Orchard branch
Maybank Singapore chief executive John Lee says the group will be pumping in more than S$2 billion for its local incorporation.
10/29/2018
Crestone Wealth revenue grew 16% in FY18
Crestone's first year results (30 June 2017) included significant investments in superior systems and services for the long term, which are now enabling the firm to deliver the best service possible to its clients.
10/28/2018
In China, golf has come to encapsulate a country grappling with its own identity
Golf maps China’s emerging bubbles of individual wealth like ancient cartography, plotting divides in class and culture as courses erode ever further into the landscape, writes Tom Kershaw
10/25/2018
Asian private bank investors now investing in ESG structured products
Evidence is growing that ESG compliant companies are better managed companies and generate competitive advantage over their peers, according to DBS Private Bank
10/25/2018
The Wealth Tricks of China's Rich
The skirmish comes shortly after the bank vowed to expand in China, mainly in wealth management.
10/24/2018
UBS Seeks Normality in China
Several banks including Julius Baer reportedly responded to the move with travel restrictions or banks.
10/24/2018
Private Bankers Walk a Fine Line in China
Still, the cautious response of other global wealth managers highlights the tension of overseas-based staff operating in a country that maintains capital controls and where an expanding pool of ultra-rich clients is frequently anxious to move money offsho
10/23/2018
Hong Kong billionaire Li said to near deal to buy CBA’s Indonesia unit
Chief Executive Officer Matt Comyn is overhauling Australia’s largest lender, with plans to spin off its wealth management and mortgage broking operations.
10/23/2018
Banks turn to loans to boost earnings as wealth income weakens
Bank earnings are also expected to be supported by better-than-cycle average credit costs as asset quality continues to remain stable.
10/23/2018
China's flaunt your wealth challenge goes viral with people falling out of cars with luxury goods
The post attracted more than a thousand comments, with Chinese netizens questioning whether it was safe for the woman to be posing in the middle of the road.
10/21/2018
China to allow bank wealth-management funds to be invested in stocks
The CBIRC announced the policy change in draft rules that allow banks to set up wealth management subsidiaries to strengthen risk management.
10/18/2018
Wealth managers eye massive long-term opportunity in impact investing
Younger ultra-high net worth Asian investors are reinventing the traditional cheque writing charity-giving of past generations towards a ‘profits with purpose’ form of investing
10/18/2018
Lok Yim: «Targeting $88 Billion in Assets under Management»
Our revenue growth has been strong and we have put in some cost efficiencies.
10/18/2018
UBP’s Aman Dhingra and his Take on the Future of Private Banking Advisory in Asia
The cathartic element of change, Dhingra argues, has been regulation.
10/18/2018
Exclusive: Fallen Chief of Bad-Asset Manager Had Tons of Cash — Literally
A real estate subsidiary of Huarong once developed 120 properties in the city of Zhuhai, Guangdong province, 100 of which Lai gave to his ex-wife and many mistresses, sources told Caixin.
10/18/2018
Global wealth up 4.6% to US$317 trillion
Credit Suisse Research Institute publishes ninth edition of the Global Wealth Report
10/17/2018
IIFL Wealth Management acquires Wealth Advisors
In IIFL Wealth Managers, the parent company IIFL Holdings has a 53.64% stake, General Atlantic 21.52%, employees 20% and foreign financial investors 5%.
10/17/2018
Private banking woefully underused despite rise in HNWIs
A high-net-worth individual was defined as having over $1 million in investible assets.