Managers of Wealth Asia Pacific

RBS calls off planned sale of India banking business

The India operations of the RBS banking business comprise corporate and institutional banking, trade finance and cash management.

HSBC setting up local subsidiary to handle retail, wealth business

All other lines of business of HSBC in Singapore, which include commercial banking, private banking and global banking and markets, will continue to operate under the existing Singapore branch.

Barrett’s AZ NGA takes another RI firm

The AZ NGA announcement said the transaction was consistent with the firm's long term business plan to continue to acquire high calibre businesses.

Ex-Julius Baer Manager Starts Family Office With $2.2 Billion

He was previously head of Asian products and investments at Bank Julius Baer and helped start the Zurich-based private bank’s Asian office in Hong Kong in 2006.

BMO targets Asian family offices in buildout

It is also recruiting to expand its regional footprint.

This Is Where All That Chinese Money Is Really Going

That number most likely doubled by the end of the year, as China’s stock market tanked

What keeps Asia’s most affluent up at night?

The situation is particularly difficult in Asia where the maintenance of wealth is a fairly new development.

China the elephant in the room: Julius Baer CEO

If you look at China, the elephant in the room in the last 12 months, we've had a lot of volatility and that makes people nervous

HSBC to freeze salaries and hiring globally in 2016

The freeze on salaries and hiring is to be at the global level.

Private bank taking look at Barclays Asia wealth arm - CEO

Barclays has picked Lazard to help advise on the deal amid efforts to scale back in Asia, three sources with knowledge of the matter said last month.

Old Mutual buys AAM Advisory, focuses on Singapore and HK only

Old Mutual Wealth has today signed an agreement to buy the Singapore-based expat-focused financial advisory firm AAM Advisory as part of its plans to concentrate the Old Mutual International business on only two core markets in North/SE Asia.

China's Gold Buying to Top 200 Tons This Year, Barclays Says

In 2016, buying may average about 17.9 tons a month, or 215 tons over the full year

Affluent Asians buying dollar bonds abandoned by risk-averse foreign funds

That's helping to keep a lid on borrowing costs for Asia's investment-grade firms, which are paying lower premiums for international notes than their US peers for the first time in nearly seven years, according to Bank of America Merrill Lynch i

Credit Agricole Private Bank taps old name for new gold

This rebranding is the culmination of the Indosuez Wealth Management group's strategic transformation that began in 2012 and is based on the foundations of the bank's identity - its 140 year heritage, business model, ambitions and footprint acr

Shinhan Financial Group Starts Wealth Management for Foreigners in Korea

The Shinhan Financial Group is also planning to open more private wealth management centers in order to maintain its leadership in the wealth management sector.

A Hong Kong move unlikely to slash HSBC tax bill

HSBC said last year that it was considering a possible shift overseas from London, citing higher taxes and tighter regulation in Britain and a desire to be closer to faster-growing Asian markets.

What we already know about Asian bonuses at Goldman, JPM, BAML, MS, Deutsche, Barclays and Stan Chart

Here’s what we’ve gleaned so far about bonuses at global banks in Asia.

Bank appoints Lazard to sell Asia wealth business

The sale is likely to attract interest from Swiss rivals with larger operations in the region, such as UBS, Credit Suisse and Julius Baer, as well as from local groups, such as DBS in Singapore.

Any Future of Wealth Management in Asia?

Wealth Management segment is on fire to help high net-worth clients in Asia with troubled business environment

HSBC board to meet, China's role in Hong Kong a factor in HQ debate

At the two-day meeting, directors will also focus on the bank's strategy, with a decision on the domicile issue possibly coming as early as this week.

Wealth and Asset Management