04/23/2013
Credit Suisse Profit Soars in First Quarter
High returns, strong client franchises, reduced cost base and lower risk- weighted assets:
Wealth and Asset Management
04/22/2013
Singapore Has Become A Wall Street Paradise
So if you’ve got the cash, there’s plenty of room for you to play (and work) too
04/21/2013
Wealth management bid bound to fail
To establish a new qualification which appears to run the very real risk of giving credibility to those who do not deserve it, simply exposes the consumer to greater, not reduced, risk.
04/21/2013
Private banks back to puff Asian order books
"There is a lot of money on the sidelines to be put to work," said a private banker.
04/21/2013
Aloula Geojit Capital launches NRI advisory service
AGC, a member of the Saudi Stock Exchange, through its investment advisory service will offer its NRI clients both research and investment advice
04/21/2013
Private banks must revamp to regain clients
Fund-of-hedge-fund executives say they are seeing growing discontent towards private banks by high-networth investors.
04/18/2013
Singapore to become wealth haven
The report from private banking research group WealthInsight takes a deep dive into where money is moving in the most exclusive investment clubs in the world
04/18/2013
In Asia, the Wealth Management Field Favors Women
Tan’s heroics are hardly typical, but women are excelling as private bankers managing money for the wealthy in Asia.
04/18/2013
London-based wealth manager plans Hong Kong wealth management debut
The firm has been studying the region for several years to see if it can bring something to the table.
04/18/2013
ANZ Seen Bolstered by Unwinding $2 Billion Asian Bet
ANZ has spent at least $1.95 billion since 1999 on Asian deals, landing minority stakes in banks and brokers from China to Indonesia, according to data compiled by Bloomberg.
04/17/2013
Super rich moving money out of Switzerland
By 2020 the country will have lost its position as the number one destination for the wealth of the world's super rich to Singapore
04/17/2013
LaSalle gets license to conduct asset management business in South Korea
The firm now expands its local team
04/16/2013
Boutique private banks struggling in Asia
The sun is setting in Singapore for some of the newer private banks
04/16/2013
Barings Enters Korea’s Asset Management Market
Barings’s decision to operate in South Korea was made public in August, but its debut coincides with increasing threats of nuclear and missile tests by North Korea, as well as weakness in the stock market.
04/15/2013
Chinatrust introduces new wealth management service
Our customers' needs as a family are the main focus of our wealth management services
04/14/2013
Swiss bank's wealth management division seeks to expand
Total invested assets amounted to 1.6 trillion Swiss francs worldwide last year.
04/14/2013
Crescent Wealth appoints leading international experts to Global Advisory Board
The appointment of the experts comes as the company moves to consolidate its position in Australia's emerging market for Islamic-compliant financial products.
04/10/2013
Co-investment opportunities to attract Chinese HNW
"Maybe they are aiming for a globalisation strategy and investing in a similar company in Australia is a very good shortcut to getting access to that industry and access to that experience so that's something that I personally get asked a lot f
04/09/2013
Christie’s to sell directly to a growing class of wealthy collectors in China
Sotheby’s and Christie’s have been operating in Hong Kong for a long time, and have seen their business explode in the city, which is governed independently.
04/09/2013
South Korea’s Mirae Asset to close Hong Kong office
The move could affect about 40 jobs, including research, sales and trading professionals and some back-office staff currently working for Mirae Asset in Hong Kong, according to the sources.