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.
12/20/2016
The leaders also said it would keep monetary policy prudent and neutral in 2017.
12/19/2016
The UK government is introducing legislation that creates a look-through for all tax structures
12/19/2016
At the UHNW level, it’s bionic advisers, not robo-advisers, that could have a greater impact
12/19/2016
Private banking has been undergoing an adjustment process for a number of years now
12/18/2016
LGT expects to see its assets under management in Asia rise
12/18/2016
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
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
The Swiss lender has always been a large spender on IT and BPO services.
12/08/2016
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.
12/08/2016
Swiss private bank to close Hong Kong operations
"This is part of a return to Europe strategy due to rising cost pressures," said one of the people familiar with the matter who declined to be named.
12/08/2016
EFG International to cut up to 450 jobs as part of BSI integration
In an analyst and investor call today at 9.30 am CET, EFG International will provide an update on the integration of BSI, including further information on the planned strategy and ambitions of the combined group and the revised synergy potential.
12/07/2016
Class Action: Why Philanthropists are going back to school
Instead, formal education provision across the world remains patchy.