09/14/2015
UBS Wealth Management's rebirth delayed
The decision to spin-off the division came after UBS considered shutting it and wealth boss Mike Chisholm opted instead to lead a buyout of the local division.
09/14/2015
High powered Asian billionaires and family offices are investing in technologies companies in India, China and the US
“Our focus is on companies with hyper advanced technologies that would shape the economies of India, Singapore and China as well as re-energise businesses in the United States”
09/13/2015
Rule change hits demand for Australian investor visas
A government spokesman said it was still too early to tell if the demand for the visas would be different from previous years, as investors may need some time to become familiar with changes.
09/11/2015
Pitton and Jogishwar Singh, another managing director of Rothschild Group, are now in Bangladesh for a four-day tour
09/08/2015
Shanghai conglomerate Sets Its Sights on Private Banks
The Shanghai conglomerate has a budget of $1 billion to $1.5 billion for each overseas financial acquisition
09/04/2015
UBS Diverts $5 Billion of Asia Deposits to Curb Basel III Costs
UBS benefits from being able to keep the accounts of these deposit holders, for relationship purposes and potential transactions in future.
09/04/2015
Shortlist for PBI global banking awards announced
In total, 30 award titles across four award categories were drawn up by the PBI judging panel.
09/03/2015
India last year was the world's fastest growing wealth management market, according to a CapGemini and RBC Wealth Management study published in June
09/03/2015
St James’s Place Asia, the re-branded The Henley Group, has seen 40% growth in the number of partners and advisers based at its three offices in the region.
09/03/2015
Asia needs proactive policies, structural reforms to weather future crises
09/02/2015
UBS has become the latest investment manager to enter the Significant Investor Visa market with the launch of a compliant fund.
09/02/2015
Local wealth managers plan to hire staff, open more branches
09/01/2015
If rising salaries are putting the squeeze on banks in Asia, they aren’t always beneficial for bankers either.
09/01/2015
Citibank today announced the launch of Citi Priority, a new client segment targeting the emerging affluent, with a digitalized, convenient, simple and efficient banking experience to equip aspirational and financially progressive clients with better contr
08/31/2015
The average tenure of Nikko Asset Management’s client base is well over a decade, which reflects the emphasis we place on client relationships and on working with clients as partners.
08/31/2015
According to the latest data from Hurun Research Institute, billionaires from the Chinese mainland accounted for about 79.5 percent of the Hurun Global Chinese Rich List 2015
08/28/2015
The unit didn’t have any remaining investment advisory contracts, according to an official at the Financial Supervisory Service.
08/28/2015
They don’t care so much about return, as long as it is safe
08/28/2015
Private bankers calm worried clients, advising them to consider risks and opportunities after selloff.
08/27/2015
Worries over slowdown: Move out of China & switch to US funds, say wealth experts
Wealth managers believe investors could take profits from these funds now and reallocate them to developed markets.