07/07/2013
DBS to expand branch network 7 fold to build SME & HNI customer business
DBS does not plan to lend to retail clients which becomes difficult in the absence of local knowledge and when the local banks are strong.
07/07/2013
Distribution management is even more complex for asset managers having multiple fund ranges in various domiciles, as they encounter regulatory nuances across locations, in various languages and with multiple points of contact.
07/07/2013
The figures were contained in asset consultant Towers Watson’s 2013 Global Alternative Survey
07/05/2013
Singapore is unlikely to overtake Switzerland as the biggest wealth centre in the world any time soon, but it should strive to play to its strength in world of global finance, Prime Minister Lee Hsien Loong has said.
07/04/2013
Wealthy Chinese are showing their appetite and spending patterns in luxury markets.
07/04/2013
The fund can be used by investors looking to settle in any state of Australia
07/04/2013
That leaves behind its global banking and markets business, which serves corporate clients.
07/04/2013
The Private Banking Advisory Group launched the Private Banking Code of Conduct in 2011
07/03/2013
The Asset’s awards recognize excellence in a variety of services for institutional investors and asset managers across the Asia-Pacific region.
07/02/2013
In addition, BNP Paribas Wealth Management was awarded as one of the Top 3 Best Private Bank in China and Top 3 Best Private Bank in Taiwan, in the foreign category.
07/02/2013
"Wealth businesses like the fact that the FDS can be tailored to suit their specific business requirements while maintaining effective oversight of their obligations,"
07/01/2013
"Managers of Japanese banks hardly understood English
07/01/2013
US bank Wells Fargo Asset Management is in the early stages of expanding its distribution footprint in Asia Pacific.
07/01/2013
BNY Mellon has received licence approval from the Securities and Futures Commission for its new dedicated Hong Kong-based subsidiary to establish a separately managed accounts business.
07/01/2013
Individual mainland investors are no longer in a rush to buy gold.
06/30/2013
Increased compliance cost is one of the greatest challenges facing wealth management firms
06/30/2013
The world’s developed countries make a surprisingly strong showing in this year’s survey
06/30/2013
Unprecedented amount of wealth is set to pass to the next generation
06/30/2013
UBS AG (UBSN), Switzerland’s biggest bank, started storing gold for wealth-management clients at a facility in Singapore,
06/29/2013
“This service is an outcome of extensive consumer research and a clear need that was identified over period of time.