Managers of Wealth Asia Pacific

From Celebrity Chefs to Private Jets, Here's how Asia's Big Spenders Celebrated Valentine's Day

Asian consumers are now one of the biggest spenders during Valentine’s Day, a holiday that originated in the West.

Canada extends millionaire migration deadline as scheme appears to flop with rich Chinese

That extends the application window from two weeks to a total of 11 weeks, suggesting the scheme has fallen well short of the worldwide cap of 500 applications.

Fresh tax evasion claims against HSBC India

Court documents reveal that HSBC India has been accused of helping American citizens of Indian origin to avoid tax, said the report.

Cornell, Chinese university create family biz program

Soon some Cornell University scions of successful family businesses will be joining with counterparts in China for an immersion program designed to help their businesses grow and manage wealth across generations.

Royal Hong Kong Yacht Club announces Edmond de Rothschild Group as official wealth management partner

The Royal Hong Kong Yacht Club has today announced that the Geneva-based and family-owned financial institution, Edmond de Rothschild Group, has been appointed as the Club’s first official wealth management partner

Private Wealth division on probation for another year

The corporate regulator has put the Group's private wealth division on probation for another year after finding it needs more time to ensure compliance in all areas.

Rich Chinese Flood Overseas Immigration Departments Amid Growing Wealth Drain

The flood of high net worth individuals seeking to settle overseas has flooded immigration authorities

Australia readies for first privately-owned Chinese bank

A Sydney-based investment management company is planning to set up the first privately-owned Chinese bank in Australia

Ultra high net worths seize on alternative investment protection

Australia’s global private banks and wealth advisory firms are working closely with family offices and UHNW individuals on a wide array of alternative asset allocations in a direct effort to ensure meaningful returns, come what may, this y

DBS commits S$100m to mark SG50

DBS Bank said it is contributing more than S$100 million to honour the nation's golden jubilee.

From Wealth to Health: Rich Chinese Seek Spiritual Fulfillment

Executives Spurn MBAs for Philosophy Classes; Shopping Excursions for Buddhist Meditations

JTC extends global reach with Mauritius licence

As a result of its geographic location close to Africa, time zone and extensive range of double tax agreements, Mauritius has become a desirable location from which to do international business particularly into Africa and India.

Swiss banks: Assets of Pakistanis appear to be exaggerated

It is not illegal to keep a foreign account if the amount is formally declared to the local revenue authorities

Tips from UBS's top advisor to the super-rich

The Swiss franc was one of them until the Swiss National Bank unexpectedly abandoned the cap on the currency's value against the euro in January, causing it to appreciate sharply and hitting Swiss exporters in the process.

HK beats Singapore in ranking of largest wealth managers

Switzerland kept its position as the world's largest wealth manager last year - but Hong Kong, Singapore and the United States are nipping at its heels with stellar growth.

HSBC helped rich customers dodge tax with secret Swiss bank accounts

Team of journalists from 45 countries unearths secret bank accounts maintained for criminals, traffickers, tax dodgers, politicians and celebrities

Standard Chartered Weighs Starting Japan Desk in Dubai

The move would help to bolster the London-based bank’s Japanese business

India’s wealth management turf gets greener

Prediction that the nation will be third-largest economy by 2030 makes it attractive for new entrants in the business

Manulife merges AM, wealth units in Asia

The insurer's merger of its asset and wealth management divisions in the region is seen as an effort to cut costs and boost efficiency, following similar moves by banks in recent years.

RHKYC announces Rothschilds as Official Wealth Management Partner

This partnership with Edmond de Rothschild Group adds several new dimensions to the Club

Wealth and Asset Management