07/27/2015
Wealth management group BHF Kleinwort Benson said on Monday that it had not been contacted by its largest shareholder, Chinese investment group Fosun, which has put in an offer to rest of the Belgium-listed company.
07/27/2015
Bank’s plan is to follow up sale of wealth management business with that of its retail and corporate portfolio in India, says a top executive of RBS India
07/26/2015
One of the few gainers was Goh Cheng Liang, who moved up to rank 3 from 7
07/26/2015
Asia-Pacific chief Helman Sitohang says that above-average returns justify retaining a strong investment bank presence in the region
07/24/2015
Aberdeen’s purchase last year of Scottish Widows Investment Partnership from Lloyds for about £660 million has cut some of its reliance on emerging markets, he continued.
07/24/2015
Indian business families are now taking direct charge of investing and multiplying their wealth through their family offices in what is seen as a quiet revolution in family owned businesses in recent years.
07/24/2015
The NAB compensation follows an independent review by PricewaterhouseCoopers at the request of the Australian Securities & Investments Commission.
07/24/2015
The report categorizes the rich on the mainland as anyone with net assets of $1 million, not counting their primary residence, and says most of the mainland's rich are heading to the United States, Hong Kong, Singapore or the United Kingdom.
07/24/2015
It agreed to buy German bank Hauck & Aufhaeuser Privatbankiers earlier in July. It also owns French-based holiday company Club Mediterranee and has a stake in Britain's Thomas Cook.
07/23/2015
Wealth management group IOOF has let go 33 out of 48 financial planners it acquired in 2012 as part of its purchase of the My Adviser and Plan B businesses, according to trade publication Independent Financial Adviser.
07/23/2015
Promoters sitting on huge cash after selling off their businesses are also directly taking charge of their Family Office to make investments
07/23/2015
Credit Suisse Group's Asia chief on Thursday said the Swiss bank would consider raising headcount or buying a smaller peer to build up its private banking business, in a region where pretax profit doubled in the first half of this year.
07/22/2015
CNN's "On China" has always given voice to Chinese individuals who share their insights on various issues surrounding the Asian economic giant.
07/22/2015
Specialist robo advice firm, Ignition Wealth, announced this week it had signed an agreement with the Retirement Planning Association of Australasia.
07/22/2015
The East and Partners analysis said that Asia's HNWIs were continuing to focus on international equities as an asset class
07/22/2015
"MillionaireAsia is not just about print," said Mr Yim
07/22/2015
Private banks have recently struggled to reduce compensation and compliance costs
07/22/2015
Credit Suisse’s new chief executive has sounded out its main investors about plans to expand the Swiss bank’s asset management operations, potentially through an acquisition, according to people familiar with the talks.
07/20/2015
Private bank's March purchase of Coutts gives it 'a more normal size' in region: CEO
07/20/2015
Bank returns as title sponsor for flagship event, with big names likely to follow as prize money increases dramatically after period of struggle