11/21/2013
China Regulator Orders More Disclosure on Shadow Bank Products: Sources
The China Banking Regulatory Commission will require banks to report detailed information on their holdings of wealth management products beginning in 2014
Wealth and Asset Management
11/20/2013
Alipay set to launch new wealth-management product
Alipay, China's leading online payment provider, will jointly launch a new wealth-management product with five Chinese fund companies in the coming months
11/20/2013
Guernsey’s finance industry gets timely exposure in China
Miss Le Poidevin said: “It has been an extremely productive week raising the profile of Guernsey’s finance industry among decision makers in China. We have been able to showcase both the breadth and depth of Guernsey’s service offering a
11/19/2013
Credit Suisse steps up lending to Asia's super-rich - Business Times
Credit Suisse is ramping up to grab a bigger share of the private banking business in Asia by channelling more resources to increase lending to the tycoons in the region.
11/19/2013
BDO Private Bank managed funds reach P230-B
The assets under management of BDO Private Bank reached P230 billion as of November 2013
11/18/2013
Bank of China (Hong Kong) launches brand new Enrich Banking Service
To provide the mid-segment working population with wealth management services that are beyond time and boundary.
11/18/2013
Managers Rspond to Evolving Needs of Asset Owners
Northern Trust's Paul Finlayson and Peter Sanchez analyse the source of stress faced by investors in the administration of alternative assets, and how to evaluate outsourcing decisions
11/17/2013
ANZ Global Wealth invests in digital platforms
ANZ Global Wealth is focusing on digital innovation through its online and mobile avenues to connect customers.
11/17/2013
Liechtenstein targets China for private wealth management
Private wealth management in China would be the main focus for the tiny, landlocked, European nation.
11/17/2013
Clyne suffers $1m pay cut but Big Four CEOS still take home $36m-plus
National Australia Bank chief executive Cameron Clyne has taken a pay cut to $7.8 million.
11/17/2013
Investec launches into financial adviser lending market
Specialist bank Investec Australia has entered the niche financial adviser lending market with the launch of a new tailored banking offering.
11/17/2013
Investec launches banking products for advisers
Investec Australia is tapping into the financial planning sector with the launch of a personal banking offering for advisers.
11/15/2013
Alibaba helps make China's largest fund
The fund, with more than 29 million buyers so far, saw its asset scale sales exceed 100 billion yuan on Thursday, the Shanghai Securities News reported on Friday, citing data from Tianhong Fund.
11/14/2013
UAE-based advisory firm Acuma to expand into Hong Kong
United Arab Emirates-based wealth management company Acuma will officially launch in Hong Kong next week and plans are being made to expand across the Asia-Pacific region.
11/13/2013
ANZ executes strategic alliance with leading Swiss bank
Full capabilities are expected to be made available to clients in 2014.
11/13/2013
Sy's China Bank beefs up wealth management unit
China Bank SEVP & chief operating officer Ricardo Chua said the Sopra Banking for Wealth Management suite--Sopra's first software deal in the Philippines--will help China Bank streamline client information.
11/13/2013
Guernsey makes presence felt in Singapore ahead of China visit
Guernsey has been making its presence felt at the STEP Asia conference in Singapore this week, ahead of a major visit to China by senior delegates from the island.
11/12/2013
Transaction-based fees hurt private banking clients
Credit Suisse's Asia Pacific head of private banking Francesco de Ferrari has criticised the industry's commonplace transaction-based fee structures for not being in clients' best interests.
11/12/2013
DeVere’s Green expanding Acuma operation into HK
The DeVere Group’s founder and chief executive is to expand the Acuma wealth management operation he bought earlier this year into Hong Kong next week
11/11/2013
Financial services job market picks up
But the year in general has been fairly quiet for new opportunities, especially before July for financial planners who sat tight awaiting the FoFA reality, says Taylor.