04/11/2016
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
Wealth and Asset Management
04/11/2016
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.
04/10/2016
Creating the right multi-family office offering in India
What are the biggest opportunities for multi-family offices in India at the moment?
04/10/2016
DBS joins forces with Rising Pune Supergiants for IPL-9
Speaking on the occasion, Surojit Shome, CEO, DBS India said: “As the bank that helped finance Singapore’s industrialisation, DBS has always believed in India’s long term growth story.
04/08/2016
Asia has suddenly lost 62 private bankers. This is how it happened
During both these years the industry’s main players added a combined 300 new private bankers to their ranks.
04/07/2016
2015 AUM & RM Headcount League Tables
This is in stark contrast to the heady days of 2014 when 19 out of 20 banks recorded rising AUM.
04/07/2016
OCBC to buy bulk of Barclays' Asian wealth management unit for $320 million
Singapore's banks have been keen to pick up wealth management assets put up for auction by Western banks as they retreat to focus on their own markets.
04/07/2016
Private banks' robotic evolution
They now see private banking as their next hunting ground.
04/07/2016
Asia Private-Bank Assets Fall for First Time Since at Least 2013
Banks see private banking as a revenue booster because the number of rich people in Asia is rising as economic growth outpaces that of the rest of the world.
04/07/2016
NAB announces next generation business model for high net worth market
Under the new model, NAB Private will become a pure private banking proposition for HNW clients, offering specialised services such as, structured finance.
04/07/2016
HK tycoon Li set to rebuff activist Elliott over family bank
Elliott, a BEA shareholder for five years, has built a 7 percent stake and says the stock's underperformance is down to weak management.
04/06/2016
Taiwan’s CTBC Bank to handle trade finance for its new partner LH Bank
TAIWAN-BASED CTBC Bank, which will become the strategic partner of LH Financial Group, will send a management team to oversee trade finance and wealth management, according to the group’s chairman and executive director, Rutt Phanijphand.
04/06/2016
Asia Private-Bank Assets Fall for First Time Since at Least 2013
Banks see private banking as a revenue booster because the number of rich people in Asia is rising as economic growth outpaces that of the rest of the world.
04/06/2016
New Trust Firm Opens in Hong Kong
Prior to joining Zedra, John Ashwood was the founding Managing Director of trust, fiduciary, fund and corporate services firm Vistra Hong Kong.
04/05/2016
New independent family wealth consultant launches in Hong Kong
Capital Solutions, a new independent consultancy providing holistic and integrated solutions for private wealth assets, has launched in Hong Kong.
04/05/2016
Credit Suisse has high hopes for China
The drive is part of the Swiss bank’s renewed focus on Asia under the strategy of Tidjane Thiam, who took over last summer.
04/05/2016
Credit Suisse CEO Thiam targets bigger China presence
The CEO said he saw this as a natural development as the country transforms itself into a consumption-driven economy rather than one led by investment.
04/04/2016
Former FSC boss John Brogden changes tune on bank owned wealth managers
One time lobbyist for the retail wealth management industry, John Brogden, now reckons the big four banks should scrap their "vertically integrated" business models, citing conflicts of interest and flawed pay policies.
04/04/2016
Panama Papers: Mossack Fonseca leak reveals elite's tax havens
A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.
03/31/2016
Wealth management by winning 6 awards from Wealth Biweekly
Citi has won six awards in the Wealth Biweekly magazine's annual wealth management survey, according to a press release from Citibank Taiwan, Tuesday.