02/27/2014
Aberdeen strikes Indonesia deal, targets Dubai
Terms of the deal, which will give Aberdeen its first base in Indonesia, aren’t being disclosed, the spokeswoman said.
02/26/2014
he move could presage long-term expansion overseas.
02/26/2014
The halt will remain in place until the opening of trade on Thursday 27th February 2014, or earlier if an announcement is made to the market.
02/26/2014
Wealth Management net income was $235 million, up $6 million or 3% compared to last year, mainly due to higher average fee-based client assets resulting from capital appreciation and strong net sales.
02/26/2014
The second-largest bank in Switzerland is moving in the opposite direction of rivals like Societe Generale and Merrill Lynch, which have given up on their private banking business in Japan.
02/25/2014
Experience in luxury has tipped over to become the pre-eminent spend
02/25/2014
In advanced talks to acquire international adviser business in Asia
02/25/2014
As the world becomes increasingly interconnected, death and taxes (according to Benjamin Franklin) remain certain es in an uncertain economic landscape.
02/25/2014
Globally, the bank has also transferred 365 private bankers during the year and now has a total of 1,197 relationship managers. In Hong Kong and Singapore, a total of 489 staff was transferred, of which 139 were private bankers.
02/25/2014
International Investment Manager Expands In Asia-Pac With A Malaysian Office
The custodian has hired a former central banker in Kuala Lumpur as it looks to tap rising demand for servicing of international investments in Asia.
02/25/2014
Tens of thousands of Chinese and Asian citizens may have to find a new destination for their wealth after the Canadian government announced its intention to end its immigrant investor programme.
02/24/2014
A new breed of wealth managers and intermediaries is helping the super-rich identify the right cause and give to it
02/24/2014
Financial wealth of Asian nations is likely to overtake that of US in a few years from now.
02/24/2014
HSBC has reported a 9% rise in profit for last year, boosted by cost cuts as it restructured the business.
02/24/2014
Here’s a sign of the times: Asia is getting rich so fast that private banks cannot add staff quickly enough to keep up.
02/24/2014
BDO Unibank Inc., the Philippines' largest bank by assets, said Monday it has signed a deal to acquire Deutsche Bank AG's Philippine trust business.
02/23/2014
Financial wealth in Asia has more than tripled since 2001 to over USD 80 trillion and if the current trend persists the growth will be even faster in India than in China.
02/20/2014
National Australia Bank Private Wealth, for the second year in a row, has been named the best private bank in Australia at the Asian Private Banker Awards for Distinction.
02/20/2014
A growing desire to build peer networks of like-minded investors is driving family offices in Asia to branch out geographically. And their Western counterparts are doing the same.
02/20/2014
Jakarta. Bank Victoria International, a small-size lender in Indonesia, is making its first foray in the wealth management business in a move to add income to its retail banking and fee-based services.