Managers of Wealth Asia Pacific

Private banks target the wealthy from tier-two cities

Beijing, Shanghai, Shenzhen and Guangzhou are regarded as tier-one cities, while tier-two cities include Chengdu, Nanjing, Tianjin, and Chongqing - all enjoy rapid economic growth.

Edelweiss to seek licence from RBI to set up bank

Edelweiss Financial Services Ltd today said its board of directors has approved a proposal to apply to Reserve Bank of India for setting a new private bank.

Altair opens its doors in Australia

"The combination of private wealth management and an institutional process is unique, and a different skill set to that provided by many smaller fund managers that are formed through break-away teams from large investment houses," managing direc

Singapore’s Henley Group teams with St James’s Place in UK

The new UK operation is being branded THG Wealth Management UK, and was due to open its doors initially in the St James’s Place

The LIBOR Of China Is Going Totally Ballistic

It is remarkable that China's central bank has been unable or unwilling to contain the spike in short-term rates

Indian money in Swiss banks dips to record low

The sharp decline in Indian money in Swiss banks during 2012 followed a significant increase in the previous year, when such funds had risen for the first time in five years.

Wealthy reflect trends in economy

"It is more important that it reflects trends underlying success and failure in China's economic development and meets the needs of the transparency of the market,"

ClearView quadruples aligned advisers

The total number of advisers – employed, franchised and aligned – across the dealer group has almost doubled over the period

Fortunes being made faster in Hong Kong

Most of city's rich individuals made their money in just 20 years, a new survey shows

Defeated by a Barclays press release

This is “in-depth study into how wealth is now being made, spent and shared across the world

Credit Suisse wins top honours again at Australian Private Banking

Credit Suisse has been awarded the award for best institution for its ultra high net worth (UHNW) service offering at the Australian Private Banking and Wealth Awards.

Level of Trust in Wealth Managers And Firms Rises - RESEARCH

North America reclaims position as region with most High Net Worth individuals while Asia-Pacific leads overall wealth growth

BNP Paribas plans banking ‘campus’ in Singapore

The Lion City is the home of BNP Paribas’ regional hub for South East Asia and is responsible for branches or fully-owned subsidiaries in Indonesia, Malaysia, Philippines, Thailand and Vietnam.

3 Olympus advisers told Liechtenstein bank official to move 2.2Bilion yen

A Liechtenstein bank official allegedly said three former employees of major securities firms instructed him to transfer 2.2 billion yen from an account of the bank to different accounts,

Asian LGBT advice firm headhunts Aussie planners

Financial Partners will be responsible for overseeing the operation's advice and wealth management services.

Magellan targets small family offices & HNW investors

The new fund will be launched on June 30 and it will be a concentrated fund with eight to 12 companies

Maybank wants to capitalise on ‘mass affluent’ customer group

Malayan Banking Bhd (Maybank) wants to cater to the “mass affluent” banking business segment, a customer group which has often been overlooked by the wider local financial industry.

Deutsche Bank’s Jain Courts Super-Rich in Wealth Management Race

Deutsche Bank AG co-Chief Executive Officer Anshu Jain said he and his top bankers are meeting with super-rich clients as Germany’s biggest bank fights to close the gap on the wealth units of UBS AG and Credit Suisse Group AG.

Porsche seeks niche among Cambodia's nouveau riche

The main volume model here will be the Cayenne sporting SUV, just because it's most suited to the environment here in terms of the roads

More Asian HNWs enlisting private banks

The results confirmed that the substantial investment the global private banking industry has made in winning HNW Asian clients might be beginning to pay off.

Wealth and Asset Management