03/27/2014

Krungsri adapts wealth management strategy

Bank of Ayudhya's strategy for its wealth-management unit will focus on managing the cost of funds and providing investment options reinforcing wealth to middle-income and wealthy customers during these times of economic frailty.

03/27/2014

BAY keen on provincial wealthy

Bank of Ayudhya (BAY) plans to target the growing number of wealthy upcountry residents in a bid to add 3,000 to 5,000 wealth management clients this year.

03/26/2014

OneVentures launches second fund for HNWs and instos

Australian venture capital firm, OneVentures has launched the OneVentures Innovation and Growth Fund II, seeking to raise $100 million from institutional investors and high net worth individuals over the next 12 months.

03/26/2014

Agricultural Bank forms asset management department

Agricultural Bank of China Ltd formed an asset management department on March 19 to develop wealth management products and manage the investment in such products, National Business Daily reported on Tuesday.

03/26/2014

Love for banks, but not bankers

It is still far too early to highlight wealth management services as one of the banks’ biggest risks in India.

03/24/2014

Macquarie's profit to grow by up to 45 per cent

The statement said Macquarie expected full-year earnings would come in about 40 per cent to 45 per cent higher than 2013, implying the company is on track for an annual profit of as much as $1.23 billion.