01/13/2013
The View from Goldman Sachs’ Private Wealth Unit
The bank’s ultra high net worth clients, Mossavar-Rahmani said, are “the only constituent that can afford to have a very long horizon.
Wealth and Asset Management
01/13/2013
UBS Global AM secures major FI mandates
UBS Global AM has successfully been awarded two significant fixed income mandates in Australia
01/13/2013
Half of adviser practices in poor health
The Future Ready V whitepaper provides an analysis of what is best practice in the advice industry
01/13/2013
China orders banks to control wealth product risks
The China Banking Regulatory Commission said banks would also be barred from selling private equity funds
01/12/2013
Conditions becoming attractive for wealth managers in Indonesia
Advisory asset management services represent the best bet for private bankers
01/10/2013
UBP awaits Singapore banking licence, plans hires
UBP also added eight staff during the year to bring its Asia headcount to 26 (20 in Singapore and six in Hong Kong), around half comprising client-facing relationship managers and advisers. One executive joined from Swiss rival BSI last month and another
01/10/2013
FSU concerned over proposed remuneration model for NAB financial planners
"Members are also telling us they feel that NAB isn't playing fairly by trying to change the terms of the Enterprise Agreement through consultation," the FSU stated.
01/09/2013
Good year for Hong Kong’s property billionaires
Li Ka-shing remains Hong Kong’s richest man – with a US$8 billion increase in wealth over the past year, according to the latest Forbes’ list released on Thursday.
01/09/2013
NAB Private Wealth best in Australia
When it comes to private banks it seems size really does matter, after NAB Private Wealth was named the best one in Australia by publication Asian Private Banker.
01/08/2013
Half of adviser practices in poor health: Securitor
"Although most principles continue to acknowledge the importance of addressing the gaps in their operating models, it seems that their time, effort and money appear to have been invested elsewhere over the past few years," said the damning repor
01/08/2013
HSBC scraps sales commission for some bankers here
There are no sales targets to meet
01/06/2013
Wealth fund mulls buying stake in Daimler
Wealth fund considering buying a four to 10 per cent stake in German automaker
01/03/2013
Failed wealth fund raises mainland alarm over banks
Collapse of product sold by Huaxia Bank branch exposes lax management and supervision of outlets on the mainland.
01/03/2013
Credit Suisse plans new asset-backed bonus scheme
Full details to be announced internally later in January
01/03/2013
Private Wealth: U.S. Up, Asia Down
The report’s authors blame the set-back on poor equity performance, particularly in Japan, China and India.
01/02/2013
Perpetual wealth management busines sold
Under the terms of the deal, van Eyk will acquire Perpetual Portfolio Management
01/01/2013
Price, wealth management drive Chinatrust to Japan bank
Analysts said that Chinatrust might be interested in TSB because of three major reasons.
01/01/2013
The rich got richer again, according to billionaire index
Last year was a great one for the world’s billionaires
12/27/2012
Room for Growth in Wealth Management Products
Mr. Wang said while banks are expected to meet rising demand for wealth management products, regulatory supervision is necessary.
12/26/2012
Bank of China Was Awarded the “Best Charity Marketing”
"Annual Marketing Awards" picked 20 enterprises qualifying for various awards because of their respective outstanding performance in marketing for the year.