06/24/2015
A luxury boutique in China. According to the Gini index, the degree of wealth concentration in China has risen by a third in the past 35 years. This disparity fuels perceptions that the deck is stacked in favour of the rich.
06/19/2015
Natixis has restructured its emerging markets business, bringing its staff into one new autonomous unit. The new business aims to triple its AUM within five years and is looking to increase its headcount in Singapore.
06/19/2015
Hana Financial Group Chairman Kim Jung-tai announced that it has opened the International Private Banking Center focusing on Chinese customers in Yeoksam-dong, southern Seoul. It is the first bank in the nation to do so.
06/16/2015
Westpac, one of Australia's big four banks, has announced it will pare its stake in wealth manager BT Investment Management as it continues its drive to shore up capital.