03/07/2017
Macquarie, AMP take aim at ANZ’s wealth unit
The division is up for sale through Goldman Sachs, with documents for the divestment process expected to be on the desks of prospective bidders within weeks.
Wealth and Asset Management
03/07/2017
How can we really deliver value to our clients?
Giving clients what they want is far easier said than done when dealing with Asia’s wealthy.
03/07/2017
A case of now or never
In a report conducted by UBS and PwC on billionaire wealth.
03/06/2017
Private Banking's Musical Chairs
The usual suspects of Brexit and the ubiquitous Donald Trump made many ultra high net worth clients lay dormant last year, earning little revenue or booking much in the way of new assets with their wealth manager.
03/06/2017
Wealth Boutique Expands Remit
The latest tie-up comes just a few months after the Hong Kong based wealth boutique inked a partnership agreement with a Swiss-Asian based investment boutique Pier99 Capital.
03/03/2017
Credit Suisse Asia-Pac raises private banking bar with aggregation feature
This will allow clients to check on performances across different asset classes and different banks' portfolios
03/03/2017
Asia’s Wealthy Are Forgoing Bonds for Fixed Maturity Funds
Credit Suisse’s Rajesh Manwani says Asia’s wealthy are looking at new ways to profit from higher rates.
03/02/2017
Banking's Asset Management Puzzle
Switzerland’s two largest banks are best known for private banking and to a lesser extent as investment banking players.
03/02/2017
Australian Unity enters trustee services
The move was earmarked in 2015, when Australian Unity Personal Financial Services acquired estate planning firm Flinders Australia, giving Australian Unity access to Flinders' estate planning, executor and trust administration services.
03/02/2017
DBS CEO says wealth management to account for a fifth of bank's revenue
But the bank will continue to consider bolt-ons to expand its presence overseas.
03/02/2017
How Adelaide boy Peter Flavel became the Queen's banker as Coutts CEO
It led to the establishment of the mass affluent and the private bank client segments at NAB.
03/02/2017
UBS managing director Barry Sharkey to take extended leave
It also comes during the week which UBS options issued to staff post the global financial crisis can be vested.
03/01/2017
Spring FG acquires advice firm
Spring FG will add an extra $325 million to its assets under advice after entering an agreement to acquire a specialist advice firm.
02/28/2017
The Right Structure: Building Asian Family Offices
Asian family offices have increased significantly in number, and they come in a wide range of sizes and shapes.
02/28/2017
Futuro Teams up with Boutique Fund Manager
It seems to be the perfect match
02/28/2017
Noah Holdings Reports Q4 Revenues of $93.1M
The Company's wealth management business provides global wealth investment and asset allocation services to high net worth individuals and enterprise clients in China.
02/28/2017
Private banking: Julius Baer’s wealth-gathering machine
Julius Baer is going head-to-head with its two larger Swiss competitors in Asia and Europe.
02/28/2017
Bank to Offer Real Estate Services to Private Banking Clients
Other financial institutions are also seeking the central bank's nod for their real estate advisory
02/28/2017
Banks less enamoured of wealth management
The most recent market update filed by ANZ Group, which is contemplating exiting wealth management, would also have given pause for thought.
02/28/2017
Jupai Reports Fourth Quarter and Full Year 2016 Results
The aligning of the reporting currency with the underlying operations better reflects the Company's results of operations for each period.