02/15/2018
Middle East Wealth Management on track for Growth and Evolution
The wealth management industry is certainly evolving.
Wealth and Asset Management
02/15/2018
Citi Hong Kong named “Digital Bank of the Year” by the Asset Magazine
Citi also won the prestigious "Asia Pacific Digital Bank of the Year" title and a number of regional awards
02/14/2018
DBS closes acquisition of ANZ’s Asian wealth businesses
As at 31 December 2017, DBS’ total wealth assets under management stood at S$206bn, with S$18bn coming from ANZ.
02/14/2018
An evolving marketplace for HNW life insurance in Asia
Distribution is another area where we are poised to see changes which Ellis feels is very natural and a matter of diversification of risk.
02/14/2018
Pay surges as OCBC and UOB close earnings gap with DBS
The cost increases at UOB and OCBC mean they are narrowing the earnings gap with DBS, where per-head compensation fell by 5% over the same period as it took on cheaper staff in India and in retail banking, following the acquisition of some of ANZ’s
02/13/2018
DBS, NTU partner to train next generation of Singapore wealth managers
The programme will begin accepting students from August this year, and aims to accept up to 50 students per academic year.
02/12/2018
ANZ Sending Jobs Back to Asia
The bank also agreed to sell part of its stake in Metrobank Card to Metrobank, the second largest bank in the Philippines, for $144 million.
02/12/2018
DBS Seals ANZ Wealth Deal
DBS acquired the Australian bank's wealth management arm inSingapore, Hong Kong, China, Taiwan and Indonesia 16 months ago.
02/09/2018
BNY Mellon Further Boosts Capabilities in Korea with Seoul Foreign Exchange Trading Room
Korea is a strategically important market for BNY Mellon in Asia-Pacific.
02/08/2018
China’s War on Risk Has Banks Fleeing Shadowy Wealth Products
Interbank cross-holdings of WMPs more than halved last year
02/08/2018
Bank of Singapore eyes more private bankers in Dubai as assets jump
The bank has close to 50 relationship managers in Dubai, up by around a 40 percent since 2016, and is targeting further growth by 2020.
02/08/2018
DBS Matches Swiss Wealth Peers
Citing recent reports from the Asian business of Switzerland's UBS, Gupta claimed DBS' wealth unit enjoyed comparable performance in attracting new money.
02/07/2018
Some bankers in Asia will live to regret becoming MDs this year
UBS, Asia’s largest wealth manager, is ahead of the game as usual.
02/07/2018
Man Group Forms First Onshore Fund in China
Man Group’s first onshore fund in China marks a positive turn for the British firm.
02/06/2018
Partnership Breakthrough for Lombard Odier's Asian Chief
Asia is a key strategic growth market for the Swiss bank and Magnenat will continue to be based in the region, according to an internal announcement by the bank.
02/06/2018
For China’s Wealthy, Singapore Is the New Hong Kong
It’s farther from the authorities in Beijing—and a nice place to keep an apartment. By Chanyaporn Chanjaroen , Keith Zhai
02/05/2018
Hong Kong wealth management body seeks Swiss help to boost skills to meet Chinese demand
Private Wealth Management Association looking to exchange programmes and conferences as a way to raise expertise as number of wealthy Chinese continues to grow
02/04/2018
If bonuses are down anywhere at Deutsche Bank in Asia, it will be here
Asian equities staff at Deutsche, who are mainly based in Hong Kong, should also expect lower bonuses, says a source with knowledge of the bank.
02/04/2018
Asia’s independent wealth sector – ready for the next leap forward
The independent wealth management sector in Asia is still relatively minor compared to the coverage of the major private banks and other large wealth firms, but those who have already established their business models see even better times ahead.
01/31/2018
Julius Baer profits beat estimates, announces Brazil acquisition
Julius Baer Acquires as Profit Rises