Managers of Wealth Asia Pacific

New Zealand's five major banks hold steady

The five major banks report a small decrease in profits in the first half of their 2012 financial years (before tax)

Pictet’s Khanna Says Ultra-Wealthy Moving Toward Family Offices

Anuj Khanna, Pictet & Cie.’s chief executive officer for south Asia, comments on ultra-high-net- worth individuals moving funds to family offices from private banks and disgruntled senior bankers in Asia.

Perpetual funds under management take 17pc hit

WEALTH manager Perpetual said the trend in net fund outflows continued to slow in the first two months of 2011-12, after funds under management fell 17 per cent last year.

Sweetened ClearView bid a winner for Weiss

Weiss is understood to have been shopping the deal around for about a year, ever since he parted ways with GPG, the Ron Brierley-led corporate investment firm he ran for two decades.

IRESS Australia posts $25.8 million half-year profit

The financial markets division profit is down 4 per cent on the previous result, and the wealth management result is up 10 per cent compared to the first six months of 2011.

Opportunities abound for wealth managers in Asia

With the rising level of entrepreneurial wealth in Asia, it may be timely for these investors to note some of the recommendations and ask additional questions to the private banker of their choice.

Deutsche Bank turns screw on bonuses‎

Pay consultants expect the use of clawbacks to rise sharply this year following a string of recent banking scandals, including the manipulation of Libor and anti-money laundering failures.

Leading private bank adapts defense play in Asia

Their preference for high quality bonds in the first half of 2012 spurred Coutts’ performance, and corporate bonds will remain an effective global hedge.

Bank of East Asia H1 profit increases

Total assets as of June 30, 2012 were HK$641.49 billion, compared to HK$598.94 billion as of June 30, 2011.

Record Profit Nets Jiang $308,000 Versus Dimon’s $23 Million Pay

New York-based JPMorgan last month reported a 9 percent decline to $4.96 billion following its trading loss in London.

Premium Wealth creates accountant licensing program

The new program will offer accountants the three tiers of licensing and additional support services such as monitoring, audit and training.

Banking reform debate should focus on active supervision of banks, says DPM Tharman

Mr Tharman, who's also Finance Minister and Chairman of the Monetary Authority of Singapore, was speaking at an event to celebrate Citigroup's 200th year in business.

Wealth management a tough play for big banks

These days wealth management contributes less than 8 per cent of CBA's group earnings, less than half its relative contribution before the global financial crisis.

Alliance sees rich pickings in wealth management

Alliance Bank consumer banking head Ronnie Lim said since the opening up of the financial market in 2005, from merely simple mutual fund products to new products such as treasury, equity linked, dual currency and foreign currency funds, the sector has bee

Wealth and Asset Management