04/20/2015
Morningstar backs wealth managers
Morningstar has delivered a glowing assessment of the wealth management industry, with AMP's "dominant, vertically-integrated business model" making it the pick of the bunch.
Wealth and Asset Management
04/20/2015
StanChart targets corporate customers for growing private banking unit
Standard Chartered's private bank has had a full year figuring out how it would grow and where that growth would come from.
04/20/2015
Macquarie Private Wealth ignored misconduct, overhauls pay structure
Several advisers who admitted to using a cheat-sheet on exams – after Fairfax Media reported of its existence – were retained by Macquarie for long periods after their admissions, according to sources.
04/20/2015
Chinese tycoons account for 20pc of world’s billionaires
Property moguls still top list, starting with Hong Kong's Li Ka-shing and Lee Shau-kee and mainland's Wang Jianlin
04/17/2015
Northern Trust Establishes Asset Management Sales and Client Service Team in Melbourne Office
Expansion Supports Demand for Customized Asset Management Solutions
04/16/2015
StanChart top official in town
Carsten Stoehr, global head for financial markets sales at Standard Chartered Bank, is now visiting Dhaka to meet the bank's important stakeholders and key customers.
04/16/2015
Digital technology transforms wealth management industry
The early success of an online service that matches wealthy people with wealth managers demonstrates that investors want more choice in where advice comes from.
04/16/2015
UBS Said to Begin Review of Australia Wealth Business
UBS Group AG is undertaking a review of its Australian wealth-management business that may lead to a sale of the unit
04/16/2015
Half of DBS jobs now outside Singapore as bank ramps up regional recruitment
Looking for a job at DBS? You should search right across Asia, not just in Singapore.
04/16/2015
Banks leverage off private wealth arms
Banks in Asia have been leveraging off their private banking arms to generate investment banking deal flow
04/16/2015
Wealth managers, private banks must re-invent according to shifts in client demands: Report -
Deloitte and Efma released a new white paper last month, detailing the results of a survey conducted among over 60 executives from wealth management institutions, family offices and private banks across 26 countries.
04/16/2015
UBS reviewing wealth management business in Australia
Swiss global financial services firm UBS AG is reportedly reviewing its wealth management business in Australia
04/16/2015
Appetite for Luxury in Vietnam: A Lucrative Market for High-End Products
But not only the uber-rich are on the rise: according to Euromonitor International more than 100,000 Vietnamese in 2013 had a disposable income of more than US$75,000 per year
04/16/2015
Qatar Executive is growing its international footprint by targeting corporations and the fast-growing number of high net worth individuals in Asia
Qatar Executive has adjusted its inflight experience to match the taste of the Asian executive and private traveller. For example, customers can request to be served by Mandarin and Cantonese speaking VIP cabin attendants, who are familiar with local cust
04/15/2015
Deutsche AWM cuts A-share ETF fees
The ETF in question, launched in January last year, is one of the largest physical China A-share ETFs listed in Europe, with over 600 million euros ($632 million) in assets.
04/15/2015
BMO Private Bank Asia wins Hong Kong and Singapore awards
BMO's Private Banking Operations in Asia Acknowledged for Their Solutions, Global and Local Expertise and Growth
04/15/2015
Three Genesys member firms leave AMP
At least three member firms of the soon-to-be-defunct Genesys Wealth Advisers licensee have left the AMP network
04/14/2015
Wealth management matchmaker bags £500000 seed round
Some of the new investment will be used to fund the launch of findaWEALTHMANAGER.com in Asia.
04/13/2015
Li Ka-shing China assets dump has earned him nearly RMB74bn
Li's empire is a diversified conglomerate, since Li himself avoids positioning his company solely as a property firm, said an industry insider in Hong Kong.
04/12/2015
India's rich temples may open gold vaults for Modi
The two-century-old Shree Siddhivinayak temple in Mumbai devoted to the Hindu elephant-headed god Ganesha bristles with close circuit cameras and is guarded by 65 security officers.