Managers of Wealth Asia Pacific

Next-Generation Philanthropy

It reached several important conclusions, most notably that the older generations tend to be more cognizant of the importance of giving to their communities

Indosuez warns about simmering debt crisis

Benign short-term prospects for the global economy should not disguise the problems in store caused by the recent build-up in sovereign borrowing, according to Indosuez Wealth Management’s research head.

China's biggest lender approved to set up wealth management unit

Four other big lenders Agricultural Bank of China, Bank of Communications, Construction Bank of China and Bank of China have gotten the nod for the business in the past two months.

CBIRC Green-Lights a Fifth Bank’s Wealth Management Subsidiary

The new rules for WMP subsidiaries were aimed at supporting the real economy and strengthening risk management by separating banks from their wealth management businesses to do away with implicit guarantees that could endanger the financial system

Everything Goes Wrong for Billionaire's Successor at Stock Fund

Markets are throwing up some pretty remarkable opportunities to buy stocks,” 52-year-old Clifford said

Indian HNIs eye London property after Brexit

In the run-up to the Brexit, housing prices in London remained remarkably subdued in 2018.

Valentine's Day sexism row erupts as HSBC staff offered laptops 'for him' and kitchen appliances 'for her'

Special deal sparks anger from HSBC staff in Hong Kong and in London

Coutts views: Brexit vs China: Which one‘s the real bull in the shop?

The worst case Brexit scenario is widely believed to be a ‘no-deal’ departure, which would probably see sterling and UK government bond yields drop sharply.

Bank of Singapore, Edelweiss Partner to Target Indian Wealth

Pact allows the firms’ clients to access each other’s products

Schroders Institutional Investor Study 2018

Insurers’ confidence levels in achieving their desired returns have also slipped from 61% to just over half at 54%.

Manulife Financial (MFC) Q4 Earnings: Is a Beat in Store?

The fourth quarter should benefit from Manulife’s expanded distribution network across the region as well as strengthening of strategically important distribution agreements with key partners in Japan and Indonesia.

Banks target asset management

For the country's five largest State-owned commercial banks by assets, registered capital of their wealth management subsidiaries ranges from 8 billion yuan to 16 billion yuan.

Are private wealth managers digitally savvy enough?

According to their survey, more than half the respondents believe the private wealth and private banking sectors are behind retail banking in terms of their adoption of innovative technology.

Meet Mukesh Ambani, Asia’s richest man who is also India’s top philanthropist

China’s Hurun Research Institute came out with the list ranking India’s top philanthropists who have donated Rs 10 crores or more between October 1, 2017 and September 30, 2018.

American dominance in tech wealth creation upended by Asian wave

When the Bloomberg Billionaires Index began in 2012 with a list of the world’s 40 richest people, three were self-made and under the age of 40: Google founders Sergey Brin and Larry Page and Facebook Inc.’s Mark Zuckerberg.

Credit Suisse freezes bonus pool after tough year of rebuilding

Swiss bank boosts senior executives’ pay after share price falls 30%

Private banking: Who stays in Asia, wins in Asia

Such predictions were the reason private banks piled into Hong Kong and Singapore through the 2000s, opening offices where they didn’t have them, shipping bankers out of Europe and the US, and hiring in droves.

Private banking architects: Tan Su Shan – leading the charge for Asia’s wealthy

Tan Su Shan has led DBS’s efforts to become the leading home-grown bank for wealth management in Asia, during a decade in which the number of billionaires in the region has soared.

DBS named ASEAN's Most Valuable Bank Brand

The bank rose six spots to 34th in Brand Finance’s “Banking 500 2019” annual report

India's Bright Future: Risk and Rewards for the Family office

As a consequence of this wealth generation, there has been an increasing proliferation of wealth management services being offered.

Wealth and Asset Management