06/09/2015
Singapore's DBS Group Holdings DBSM.SI is aiming for a 40 per cent jump in its private banking assets to $100 billion in less than three years, fueled by the growth of millionaires in the Greater China region and in its home market.
06/09/2015
HSBC is undertaking a significant reshaping of its business portfolio
06/08/2015
Credit Suisse’s Asia Pacific private banking head Francesco de Ferrari is looking to bulk up the firm’s assets under management in the region
06/08/2015
Magnenat projected double-digit growth in Asia
06/07/2015
Surge in assets under management at wealth operation this year buoys hopes for international expansion targeting Chinese customers abroad
06/05/2015
Standard Chartered Korea has denied rumours that it will pull out of the Korean market
06/05/2015
Indian businessman Bhanwarlal Raghunath Doshi made headlines last weekend for publicly renouncing his wealth to become a monk.
06/04/2015
The firm admitted the market for its separately managed accounts business was slower than it expected, even as one Malaysian private bank announced the launch of the platform.
06/03/2015
BNY Mellon IM shuts SMA platform, lays off staff
The firm has shelved its separately managed account unit for wealthy people in Asia and let up to 50 staff go in Hong Kong and Singapore, AsianInvestor understands.
06/03/2015
UBS to take Asia wealth management digital
Bank launches innovation centre in Singapore and launches portfolio tracking app for Asia clients
06/03/2015
Bank launches innovation centre in Singapore and launches portfolio tracking app for Asia clients
06/03/2015
The explosion in private wealth in Asia is fostering the growth of single-family offices. This, combined with the “best practices” of single-family offices throughout the world, will result in many Asian single-family offices becoming high fun
06/03/2015
Urbanisation and explosive growth of middle class will lead to rise in UHNW individuals
06/02/2015
The company will spend the next few months introducing the campaign to its employees before launching it externally.
06/01/2015
The Treasurer wanted to demonstrate that he was serious about stopping foreigners from evading ownership restrictions and inflating the bubbling market.
06/01/2015
Family offices are increasing demand for a technology solution that blends trading and back office management
06/01/2015
DFS Portfolio Solutions, a subsidiary of independently-owned licensee DFS Advisory Services, was established in 2009 after the Global Financial Crisis exposed that the portfolio risk in the majority of superannuation and investment funds substantially exc
06/01/2015
An increasingly diverse range of Jersey firms spanning tourism, hospitality and financial services are exploring opportunities to grow business links with China, courtesy of a special event held in London recently that was initiated by the Chinese Ambassa
06/01/2015
Standard Chartered's incoming Chief Executive Bill Winters is expected to raise capital and cut the bank's dividend later this year
06/01/2015
The chief executive of Principal Global Investors says private banks are preventing the uptake of multi-asset funds, and believes Asia needs to change its pension structures to facilitate change.