Wealth and Asset Management

08/06/2012

Why Indian CEO pay needs policing?

After Western banks and non-banking institutions brought the world economy to its knees through imprudent and indiscriminate lending corporate practices, there is widespread revulsion at the plus size pay their fatcats get.

08/06/2012

Citi opens China flagship outlet

Largest consumer outlet in China to offer full range of products and services to Retail, High Net Worth and Commercial Customers

08/05/2012

Private banks distorting Asian credit

The private bank bid from Asia for primary debt has become the most significant in global terms, dwarfing the European or US retail bid as the region’s growing band of high-net-worth individuals increasingly put their expanding coffers to work in As

08/05/2012

Top 10 richest Chinese families in 2012

Liang Wengen's family was followed by Wu Yajun's family from Longfor Properties and Li Yanhong's family from Baidu who ranked fourth and second on last year's list respectively.

08/02/2012

Asset Management Firms Need a Wake-Up Call - Research

According to a new industry analysis surveying 96 money managers worldwide that oversee approximately $21 trillion in assets, profit margins since the financial crisis have been managed by controlling compensation and benefits expense.

08/02/2012

DBS sees pressure on margins as Q2 profit beats forecasts

The warning mirrored comments by rival Oversea-Chinese Chinese Banking Corp as Singapore lenders brace for an Asian slowdown amid concerns that Europe's debt crisis could dampen business and trade activities in the region.

08/02/2012

The New Normal For Asia

The importance of access to accurate and target specific information is a vital element of any financial institution’s roadmap in Asia.

08/02/2012

Australian Corporate Philanthropy Needs Direction

The report also found however that the reporting regime around the donations was opaque and that improved reporting standards and disclosure would lead to better targeted philanthropy and significant reputational enhancement for the companies concerned.

08/01/2012

OCBC private banking reports AUM increased by 20%

As a share of total revenue, wealth management contributed 26%, unchanged year-on-year. OCBC’s private banking business continued to expand, with assets under management growing 20% year-on-year to US$36 billion (S$45 billion) as at 30 June 2012.

07/31/2012

Private banking: Wonder of world wealth

The global banks are allocating more resources to private banking and wealth management in a bid to capture the growing wealth globally and switch to more stable fee-based revenues.