12/25/2013
China's GF Securities gets regulatory approval to set up asset management unit
Says gets regulatory approval to set up asset management subsidiary
Wealth and Asset Management
12/24/2013
India: Individual wealth to double in 5 years: Survey
Karvy Private Wealth, the wealth management arm of the KARVY Group, a leading financial services conglomerate, launched its fourth edition of India Wealth Report on MOnday.
12/24/2013
Rothschild's Christmas party Auction dishes up HK$25,000 hotpot dinner for charity
Bidding was fierce at Rothschild's Christmas party as staff vied for activities ranging from a meal with the boss to a martial arts class
12/23/2013
Rich Chinese hold the key to Asian growth for Swiss bank
Lombard Odier targets wealthy Chinese clients who are willing to delegate management of their asset portfolios to the private bank
12/23/2013
CIMB Thai to focus on rich clients
The number of preferred customers climbed to 25,000 this year from 12,000 in 2012.
12/23/2013
Antwerp Diamond Bank Bought By Shanghai Investor
The deal has been anticipated for years, ever since the Belgian government bailed out KBC for $9.5 billion during the financial crisis of the late 00's.
12/23/2013
NetEase to sell wealth management product
Tianjin will be launched in collaboration with Xianjinbao
12/23/2013
Mario Carey Realty showcases the Bahamas to wealthy buyers at Shanghai luxury property show
As global markets shift and with interest of Asian markets escalating
12/20/2013
NBAD to tap Asia-Africa corridor
National Bank of Abu Dhabi plans to expand in a corridor from Africa to Asia in an attempt to gain business from trade flows between the continents,
12/20/2013
Private banks urged to protect gatekeeper role
Contact between product selectors and relationship managers in a client setting may be inappropriate, says LGT.
12/19/2013
UBS Sells Stock Benefits Manager to Montagu Private Equity
The sale of the unit, called Corporate Employee Financial Services International, is expected to close in 2014
12/17/2013
Wealth Manager Study Says Deals Surged as Prices Dropped
Buyers spent more than $8 billion since Dec. 31 as they absorbed businesses that oversee money for affluent individuals and families.
12/12/2013
Harbour Asset Management wins International Award
The International Finance magazine’s Financial Awards celebrate excellence across the international finance industry
12/12/2013
INSEAD offers Advanced Asset Management programme in Singapore
INSEAD has added a new programme to its executive education finance portfolio, launching in Singapore in June 2014.
12/12/2013
Guernsey builds on financial services reputation in India
This includes our proportionate and robust regulation that is practical and sensitive to business needs, our skilled and internationally-minded workforce and the Island’s entrepreneurial rather than bureaucratic approach to doing business.
12/11/2013
Coutts UK Head of Private Banking jumps to ANZ
He also held a number of senior leadership roles with Coutts between 1998 and 2010, responsible for leading large teams to drive long term sustainable growth in the UK wealth management business. Mr Norfolk will be based in Sydney and will commence in ear
12/10/2013
Praemium strikes deal with RBS
Praemium International Limited, a subsidiary of Australian company Praemium, has cut a deal with the Royal Bank of Scotland to provide platform services to RBS International's ex-pat clientele based in the tax haven of Jersey.
12/10/2013
Advisers risk losing clients, fail to target new ones
The study segments advised Australians into Bonded, Firm, Loose or At Risk of Leaving and found that frequent contact with clients is key to retention.
12/10/2013
Private Banks Lured by Record Yuan Yield Premium: China Credit
Chinese government bonds are offering investors record yield premiums over U.S. Treasuries, boosting demand for the yuan among private banks in Asia.
12/09/2013
Wealth management products total RMB9.9tn in China
China's wealth management products totaled 9.9 trillion yuan as of the end of September