12/21/2016
Citi expands trustee services in Singapore
Citi has received a trust business license to expand its trustee services for collective investment schemes in Singapore.
Wealth and Asset Management
12/20/2016
The Ex-UBS Banker Whipping Credit Suisse's Swiss Unit into Shape
She made Managing Director one month before the bank was forced to take a $60 billion government bailout in 2008.
12/20/2016
The EM story is not finished yet: Ken Peng, Citi Private Bank
This year emerging markets have underperformed. Developed markets continue to outperform. Are you telling your clients that they should remain underweight on EMs?
12/20/2016
China central bank to count off-balance sheet wealth management products in assessing banks' risk
The leaders also said it would keep monetary policy prudent and neutral in 2017.
12/19/2016
Diversifying life insurance choice for Asia's HNW
The UK government is introducing legislation that creates a look-through for all tax structures
12/19/2016
A bionic boost for a new private banking landscape
At the UHNW level, it’s bionic advisers, not robo-advisers, that could have a greater impact
12/19/2016
Thomas Piske: «The Job Profile for Private Bankers is in a State of Flux»
Private banking has been undergoing an adjustment process for a number of years now
12/18/2016
Liechtenstein private bank LGT mulls further Asian acquisitions
LGT expects to see its assets under management in Asia rise
12/18/2016
Bank of Singapore eyes London foothold
Asian private bank weighs UK branch in light of pound’s slide following Brexit vote
12/16/2016
Wealth managers favour short-term debt products now
These days, they are recommending investors to hold two thirds of their portfolio in short-term products and the balance one-third portfolio in dynamic bond funds.
12/15/2016
Chinese Billionaire's Succession Lesson For The West
Billionaire Wang Jianlin, China’s largest real estate developer and a 20 percent owner of Real Madrid, offers a valuable lesson for all HNW families.
12/15/2016
Nomura launches fund for high net worth individuals
The fund is open to sophisticated investors whose total net personal assets exceed RM3 million or gross annual income exceeded RM300,000 in the preceding year.
12/15/2016
China Beckons Overseas Banks and Asset Managers
Beijing’s new offer of wholly foreign-owned enterprise status has overseas firms eyeing the mainland institutional and retail markets.
12/15/2016
BDP Global Take Aim at China’s Burgeoning Wealth Management Market
Private fund raising companies” in China, are essentially asset managers supervising the funds raised from the general public
12/14/2016
Swiss law firm targets Asian wealth structuring
Every bank and trust company has an interest in Asia, as does every independent asset manager.
12/13/2016
How Asia’s Wealthy Invest
Rich Asian families tend to be more aggressive, hands-on investors than their Western counterparts
12/13/2016
Delivering more by discretionary mandates
These dynamics have made clients turn to their banks to provide professional advice.
12/12/2016
Delivering discipline in portfolios
The potential for such a shift has become increasingly viable as more and more HNW clients appreciate both the value of advice.
12/12/2016
UBS may take back 60% of work in-house soon
The Swiss lender has always been a large spender on IT and BPO services.
12/08/2016
Jho Low Family Digs in to Stop 1MDB Asset Seizure by U.S.
The Justice Department is targeting real estate, investments and art works that were allegedly bought with money siphoned off from the state-owned investment and development fund known as 1MDB.