Managers of Wealth Asia Pacific

ICBC Private Banking eyes wealthy mainland families with new service

The newly-launched proposition provides wealthy families throughout China with an array of needs-based services including asset management

Credit Suisse to halt earnings previews in Japan following probe

The Securities and Exchange Surveillance Commission on Friday recommended that the Financial Services Agency penalise Credit Suisse's Japanese brokerage unit after finding that one of its analysts leaked non-public information on a company's ear

JBWere partners with Moelis Australia

Nab-owned wealth management firm JBWere has announced a research and distribution partnership with investment bank Moelis Australia.

Bmo Wm likes the dividend theme

Low interest rates and low inflation have brought the dividend theme to prominence this year, said Edmund Yun, executive director and head of investment for Asia.

Wealth management left out of data discussion

InvestmentLink chief technology officer Wayne Robinson said about half of the fintech market is unable to access data feeds from the wealth management industry in a significant way to run new and innovative products.

Private Bankers Cool on Singapore Bonds

Credit Suisse Private Banking Asia Pacific and CA Indosuez Wealth Management say investors are favoring higher-quality issuers, while UBS AG Wealth Management warns of the prospect of exchange-rate losses on local-currency bonds.

Union Bancaire Privée completes its acquisition of Coutts activities in Asia

The attraction of the Coutts deal was not Europe but Asia, says Union Bancaire Privee’s CEO Guy de Picciotto.

L&T Finance Holdings to combine wealth advisory business

Many of the job losses would be in the middle management level as the company believes that it could extract more out of lesser number of people and that it has excess capacity to scale up the business.

Barclays purchase reflects OCBC push

With financial technology start-ups gradually making inroads into "high-volume, low-value -add" services such as payments and foreign exchange.

Don't believe the hype: J.P. Morgan Private Bank talent outflows just "strategic attrition"

Highlight a much more critical industry-wide issue – that of the cost of servicing smaller accounts with expensive infrastructure.

JPMorgan cuts 5 pct of Asia wealth management jobs - source

The job cuts would affect the bank's Singapore and Hong Kong offices, the source said, declining to be identified because they were not authorised to speak publicly on the subject.

Deutsche Asset Management plans China and Asia expansion

Eilbeck said another major driving force for China markets would be the decision by MSCI in June on whether to include A-shares in its emerging market indices effective from 2017.

Bank Muamalat's wealth management business to contribute 10-20% to revenue in three years

She said the bank, which has just launched the Muamalat Gold-i here today, is targeting for gold products to constitute 60% of its fee income for wealth management by 2017.

Bank of Singapore Deal Staves Off Barclays Banker Exodus

By selling its Singapore and Hong Kong wealth management business to Bank of Singapore instead of a rival bidder, Barclays may have staved off a big exodus of private bankers to the likes of UBS and Credit Suisse.

Standard Chartered wins 4 awards

In 2015, 94 percent of clients expressed that they were "satisfied with the service during their first call to the Standard Chartered call center."

Gordon "Grant" Curtis Asia Conference Notes for the Affluent

World wealth has grown exponentially in the last decade to the point where so many have achieved centi-millionaire status or even billionaire status, that it is almost unfathomable.

Australia's NAB restructures HNW business

The National Australia Bank Group, one of the country’s big four banks, has restructured its high net worth (HNW) business, which will see its private banking arm renamed NAB Private.

Tech start-ups snap at the heels of Asian private bankers

With 4.7 million high net worth individuals - typically those with $1 million in liquid financial assets - Asia-Pacific is the largest and fastest growing wealth region, according to Cap Gemini and RBC.

Asia private banks may see more M&A moves: Bank of Singapore

According to a survey by Asian Private Banker, the top 20 private banks in the region, excluding those that refused to be interviewed or were located in mainland China

Standard Chartered Said Selling $4.4 Billion of Asian Assets

Standard Chartered shares rose 1.7 percent to 451.05 pence, the highest in a week, at 9:51 a.m. in London trading Monday.

Wealth and Asset Management