08/15/2012
In a statement released on Wednesday, Standard Chartered Bank Singapore's chief executive officer Ray Ferguson said it has been "business as usual" for its operations, though some customers have raised concerns about recent developments sur
08/15/2012
Overall, the NAB statement noted that, on a statutory basis, unaudited net profit attributable to the owners of the company for the June quarter was approximately $1.2bn.
08/14/2012
The Swiss lender has only one branch in India and is known more for its investment banking, fixed income and currency trading business in India.
08/14/2012
According to a new list that tracks China’s young and wealthy, none of the wealthiest people born after 1980 graduated from Peking University or Tsinghua University, China’s top two universities.
08/14/2012
That’s the message from Bloomberg, which has spotted a trend in private banking in the region that has led to a weakening of the already limited grip global banks including Credit Suisse and Citigroup have on the Asia’s private wealth.
08/14/2012
The solution suite also helps financial institutions improve staff productivity through better workflow management and helps improve cost control and operational efficiency for better profitability management.
08/13/2012
The People’s Republic of China now has the second largest economy in the world, with more than 1m millionaires.
08/13/2012
Julius Baer's acquisition of the loss-making unit means that about half of all the Swiss bank's clients will be in faster-growing emerging markets - chiefly Asia but also Latin America and the Middle East - up from around one third now.
08/13/2012
A family office is a professionally run private organisation or entity that helps to administer a family’s wealth.
08/13/2012
It enables smooth succession, disposition and protection of one's assets with all family members' needs in mind
08/13/2012
Myanmar Apex bank, Myanmar Oriental bank, Co-operative Bank, Asia Green Development Bank and Kanbawza Bank will all offer the service.
08/13/2012
Credit Suisse announced today the opening of its new office in Osaka, adding to its existing Tokyo and Nagoya offices.
08/13/2012
The Osaka office is located at Hilton Plaza West Tower 16F, 2-2-2 Umeda, Kita-ku and houses Credit Suisse’s employees dedicated to serving its Private Banking clients in Osaka and the Kansai region.
08/12/2012
Recent reports of such tax-dodging schemes have sparked a renewed outcry in Germany against a planned treaty between Switzerland and Germany designed to help Germany recoup some taxes from money held in Swiss accounts.
08/12/2012
Approximately two thirds of IWM AuM are from clients domiciled in growth markets in Asia (more than half), Latin America and the Middle East.
08/09/2012
Julius Baer has been confirmed as the third-time winner of the Best Boutique Private Bank in Asia award by The Asset magazine, a leading Asian trade publication.
08/09/2012
He said Cazenove had found its investment approach had gained traction in the market.
08/08/2012
Global Asia Investment Group sells annually more than 700 pieces of overseas property to Japanese investors, and the number it sells to Japanese people living in Japan is higher than any other companies in the world.
08/08/2012
The rural bank said its earnings for the year to June 30 would receive a $40 million boost from the sale.
08/08/2012
Balding lists three points that he says a SWF should respect to function properly.