Managers of Wealth Asia Pacific

Our wealthy clients, with $1.6tn, are keen on India: Aashish Kamat, CEO, UBS INDIA

UBS India CEO Aashish Kamat, who has also donned the firefighter's helmet, said the global shake-up will have no material impact on the Indian operations.

Chinese wealth management products threaten banks' liquidity

The increasing popularity of wealth management products in China has the potential to reduce banks' deposits and destabilize the banking system more generally, says CreditSights.

Aussie banks grateful for wealth management income

"From the perspective of asset quality, the best point in the credit cycle is now behind Australian banks," said Fitch Ratings.

Citi and UBS to Provide Post-Trade Solution to Broker-Dealers in Asia Pacific

The partnership brings together the operational expertise and scale of both Citi and UBS to provide middle office, back office, clearing, asset servicing and custody capabilities to those broker-dealers seeking to minimize costs, while retaining operation

Leading global financial services firm selling its Indian private bank

Wealth management platforms are usually sold for about 2 to 3 per cent of the assets under management, although the sources said it was not yet clear what price tag the unit could fetch.

Asia needs more independent asset managers

In 1998, as the Asian financial crisis raged through South Korea and the rest of the region, Sung Taek Hwang decided to leave his comfortable position at Hyundai Financial to establish his own independent securities firm.

Christie's to auction S'pore artists' works

Some of the paintings feature scenes of Singapore from a time long gone

Australian wealth manager sets sights on growth

"We will consider merger and acquisitions that deliver additional value without exposing shareholders to excessive risk."

Westpac signals continuing focus on wealth

In doing so, it said that in terms of growth it would be "building on its strength in wealth through increasing focus on superannuation and insurance, investing in developing a next-generation wealth platform and increasing the number of advisers&

StanChart private bank to focus on super-rich clients

The British bank typically defines such clients as those who have $25 million invested with the bank, and who are thought to have assets of at least $100 million; the industry refers to such clients as the ultra-high net worth (UHNW) category.

HSBC raises money laundering provisions by $800m

However, the bank said underlying profits in the quarter had increased.

French asset manager opens in Hong Kong

The French asset manager brings its multi-boutique offering to the territory, adding to its five other Asia-Pacific offices.

Singapore DBS Q3 profit up 12 pct

The bank's net profit surprisingly exceeded its second-quarter figure as well, bolstered by strong fee and commission income amid gains in investment banking and wealth management.

Soft luxury faces up to hard times

Do brands diversifying into watches and jewellery risk diluting their image?

Bank of New Zealand cash earnings see double digit jump

BNZ CEO Andrew Thorburn said: "This is a strong result for BNZ, underpinned by sound fundamentals, and ensures BNZ can go on making a very significant contribution to the New Zealand economy.

Tata MF plans realty fund, to target HNIs

Tata Mutual fund will use its network to tap high net worth investors across the country

Chinese Private Banking Report 2012 - RESEARCH

China is Asia’s most important high-net worth (HNW) market contributing to over 50% of the region’s growth by 2015.

HSBC restructuring wealth management business in India

HongKong Shanghai Banking Corp is restructuring the consumer banking and wealth management business of its India operations, a top executive told ET.

ABN Amro back from the brink

“The new bank focusses on being a universal banking model in the Netherlands.”

NAB profits dip $1.1bn, adviser numbers rise

NAB has announced an annual profit decrease of 21.8%, but its wealth division has proven to be one of the year’s star performers.

Wealth and Asset Management