12/04/2013
RBC reports record earnings in Wealth Management
Record earnings in Wealth Management, up 18%
Wealth and Asset Management
12/04/2013
StanChart reports theft of 647 private bank clients' statements
Standard Chartered Bank said it has been notified by the police of the theft of 647 of its private bank clients' monthly bank statements.
12/03/2013
Asian asset managers more optimistic on pay, bonus and headcount in 2014
Bonus in wealth management and alternative fund management is forecasted to go up by around 5% due to increase in asset under management and hiring in Asia.
12/02/2013
Property provides rich pickings for Asia's elite
Despite a price tag of more than $100 million, an office building in Elizabeth Street in Sydney's central business district attracted bids from ultra-high net worth Asians.
12/01/2013
Wealth Firm Strikes Partnership With Indian Broker
Xcap, an independent Wealth Manager, Has Entered a Relationship with a broker in India to make its products available to the nation's investors.
12/01/2013
Azim Premji may hike stake in JM Financial
As JM Financial awaits RBI view on its bank licence plea, market is abuzz with talks of billionaire Azim Premji buying additional 5% stake in the company
12/01/2013
Manulife partners with Kasikorn Bank to target HNW customers
-Tie-up is expected to expand and strengthen Manulife Asset Management fund distribution network and build awareness of its compelling investment products.
12/01/2013
World of wealth
Rich Asians need more diversity of choices and eased regulations to help them make the most of their fast-growing investable assets.
12/01/2013
Amarchand, Vaish help Macquarie exit Religare wealth management JV
Amarchand Mangaldas Mumbai corporate partners Ashwath Rau and Aysswarya Murthi acted for the Macquarie Group
12/01/2013
More M&A deals expected in Asia's private banking sector
Banks including DBS, ABN Amro and Credit Suisse are said to be among the final list of bidders for Societe Generale's Asian private bank.
11/28/2013
Rothschild on Buildout in HK Hub, Eyes Singapore
Edmond de Rothschild is boosting its private banking capabilites in Hong Kong, and will look to add 10 staff in the next 12 months.
11/28/2013
MPF Assets Continue to Grow Amid Unpopularity
Fund expense ratios in Hong Kong's compulsory retirement scheme lack clarity
11/27/2013
ING Direct To Target Advisers With New Model
ING Direct is reinforcing its third party distribution team to market the bank's products to financial advisers.
11/27/2013
Investec scaling down to become 'boutique' bank
The bank has appointed independent advisers to "identify alternatives" for its professional finance and asset finance & leasing divisions.
11/26/2013
Wealth-X to provide news on super rich
This unique publication will provide daily analysis on the fluctuations of the assets of the ultra wealthy by tracking initial public offerings, mergers and acquisitions, inheritance and succession, divorce and marriage, property sales and other large liq
11/26/2013
Hedge fund boom seen in Asia courtesy of big banks and asset managers
The rise of hedge fund activity by global banks and asset managers had threatened the business of smaller firms.
11/25/2013
Only 15pc of Aussies have financial adviser
LESS than a quarter of investors seek expert financial advice, revealing the extent of opportunity for the banks to source more earnings from wealth management -- but also showing how far they have to go.
11/25/2013
CIMB-Principal's CWA Launches Star Club For High Net Worth Investors
CIMB Wealth Advisors, an agency distribution platform under CIMB-Principal Asset Management, has launched Star Club
11/24/2013
Advisers still servicing few wealthy clients
These figures show that there is still room for opportunity," BlackRock managing director Mark Oliver told Financial Standard.
11/24/2013
Shanghai’s Vice Mayor praises Guernsey’s quality and stability
Tu Guangshao voiced his support for Guernsey as a well-regulated, compliant and cooperative international finance centre recognising our ‘great achievements in financial regulation and development’ during meetings in Shanghai last week with a