03/17/2015
China Everbright Bank Said to Consider Wealth-Management Spinoff
The Beijing-based bank hasn’t submitted any proposal to the regulator, the people said, asking not to be identified as they aren’t allowed to speak publicly.
03/16/2015
Oracle Capital Group Signs Strategic Partnership Agreement
Partnership enhances Oracle Capital Group's global reach through access to Chinese market.
03/16/2015
He may have forgone his bonus for 2014 but Peter Sands, who will shortly be replaced as Standard Chartered's chief executive by Bill Winters, still took home $5.1m last year.
03/15/2015
These three regions are the fastest growing in terms of wealth creation. This is because many of them are emerging markets. For example, China, India, Indonesia, Middle East and Africa are the regions, where the fastest wealth creation is happening. It is
03/15/2015
HSBC Holdings Asia-Pacific chief executive Peter Wong Tung-shun said the bank is under no pressure to cut jobs in Hong Kong and will not freeze employees’ wages
03/13/2015
The fund's investment universe is China’s onshore bond market
03/13/2015
Using figures from the Hurun Report, released earlier this month, the paper reported how the combined net worth of Chinese delegates came in at $436.8 billion
03/13/2015
Malaysia’s ultra rich who have a net worth of at least US$30 million (RM110 million) are increasingly moving their investments, and their families, out of the country, according to the latest report by property firm Knight Frank.
03/13/2015
Credit Suisse’s Asian hiring in the next 12 months won’t get it anywhere near to bridging the RM gap with its Swiss rival
03/11/2015
The Malaysian investment bank and the Australian stockbroking and wealth-management firm will work together on corporate transactions for cross-border business between Australia and Asia
03/11/2015
Credit Suisse has swooped on Prudential boss Tidjane Thiam to lead the Swiss bank in a push to manage more of the wealth held by Asia's fast growing club of multi-millionaires.
03/10/2015
“Ugly side” of Asian banking revealed as firms hire, fire then keep clients
Private banks in Asia are quick to bemoan the shortage of quality relationship managers in the region and they are now becoming increasingly quick to fire new recruits who don’t perform in their first year.
03/10/2015
MyPlanner dealer group has set up a managed discretionary account solution that will be available to its 120 planners.
03/04/2015
Yellow Brick Road Wealth Management focuses on local branches in new campaign
It is complemented with a digital campaign which consists of display advertising through NineMSN and Google search and remarketing.
03/04/2015
Asia's trillion dollar private banking industry growth slows
AUM per relationship manager also showed significant growth, with relationship managers averaging US$286 million in 2014, a 4.1 per cent year-on-year increase, it said.
03/03/2015
Banks not reaching high net worth investors
The increase was the largest in five years
03/03/2015
Eastspring Investments, the Asia asset-management arm of British financial services giant Prudential Plc., received six awards in Asia Asset Management’s annual Best of the Best Awards
03/02/2015
Hugh Young, Asia chief at Aberdeen Asset Management, welcomes board changes at Standard Chartered, but questions the need to replace its Asia CEO as he sees it as too topheavy. Like 0 Tweet 2 0 Tip Us E
03/01/2015
Despite their booming wealth, the research found that only 40 per cent of high net worth individuals sought professional advice last year
03/01/2015
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