Managers of Wealth Asia Pacific

Standard Chartered profit up

Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.

Monaco Tops First Ultra High Net Worth Wealth Density List

Wealth generated in countries rich in natural resources helped three countries stake their claims with Kuwait, Norway and Brunei taking their places among the top 10.

Swiss private banks feel heat from the east

Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.

The Best Banks In The World Broken Down By Category

For its 2012 list of the World's Best Banks, Global Finance choose winners in 12 categories ranging from best investment bank to best Islamic Financial Institution.

UBS Plans 10,000 Job Cuts, Investment Bank Shrinks

Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks

Family offices bet their funds on start-ups

Family offices, as deep-pocketed as the venture capital firms

Hong Kong’s Property Tycoons Drop $2.3 Billion in Wealth

The city ordered its third set of property curbs in two months after home prices almost doubled over three years to become the world’s most expensive.

APG, 2 sovereign wealth funds to invest directly with realty developers

The move to directly invest comes at time when nearly half the real estate funds in India have been unable to offer attractive returns as India's once soaring real estate sector is crippled by increasing debt and plunging sales.

Changing tax rules force private bankers East

Private bankers in the Swiss market are frantically backpedalling

Wealth managers SFG, WHK mull merger

Former AMP chief executive is working on a possible $600 million wealth management merger

UBS Global Asset Management Chronicles the Evolution of the Asset Manager

Emphasis is moving away from performance relative to benchmarks and toward investor outcomes

Credit Suisse Third-Quarter Profit Falls on Own Debt Charge

Private Banking with 3Q12 net revenues of CHF 2,591 million and pre-tax income of CHF 689 million

Barclays wins Best Private Bank across three categories

Barclays also won ‘Best Private Bank – India’ for the second year running, and ‘Best Private Bank – Japan’ for SMBC Barclays, a private banking joint venture between Sumitomo Mitsui Banking Corporation (SMBC), Barclays

Red tape and scandal hurt India's richest, but total wealth grows

The corruption scandals and red tape that have hampered India's recent growth

Singapore: The New Switzerland? Private Banking's New Home

By contrast, Switzerland is cold and dark.

J.P. Morgan Gets Stung by China Downturn

Fund Run by Bank Loses High-End Residential Tower to Foreclosure as Rules on Property Purchases Hit Luxury Market

Citi overtook UBS, as private banks' Asia assets fell in 2011

Citigroup overtook UBS AG to become the top private bank in the Asia-Pacific last year when assets managed by the industry fell, industry publication Private Banker International said on Wednesday.

AuM takes hit in Asia-Pacific

Nicholas Moody, editor of Private Banker International comments: "The fall in aggregate AuM growth in Asia-Pacific hit foreign banks particularly badly, while the Asia-based banks held up well. This could perhaps be an indication that local banks are

RBC Wealth Management recognized with three awards

We are extremely proud to see RBC Wealth Management recognized for its strength

Growing popularity of wealth management products in China

More Chinese consumers are turning to WMPs because they provide better returns compared to bank deposits - without the risk of equity investments.

Wealth and Asset Management