11/26/2012

Advisers pick open bonuses

''We are sceptical of short-term measures that are able to be controlled or manipulated by management as they may result in increased risk and not enhanced value for shareholders over the longer term.''

11/25/2012

SSgA forms joint venture in China

State Street Global Advisors Asia is awaiting regulatory approval to set up a joint venture to provide fund management for wealthy Chinese

11/21/2012

ANZ Wealth scoops awards

OnePath also took out three categories in the sector awards: Listed Property trust, New Zealand Fixed Interest and International Equities.

11/20/2012

ICICI Bank launches credit card for the super rich

Called `ICICI Bank Diamant', the card is another addition to the lender's 'Gemstone collection' which includes the Sapphiro, Rubyx and Coral credit cards, the private bank said in a statement.

11/19/2012

Credit Suisse's APAC head quits

Credit Suisse today announced changes in its organizational structure and to its Executive Board effective November 30, 2012.

11/19/2012

Clyne wins pay rise as NAB profit falls

NATIONAL Australia Bank has awarded chief executive Cameron Clyne a pay rise, despite the bank suffering a sharp fall in profits over the past year.

11/14/2012

Asian banks win as rich seek safety

When the world's richest people want to manage and grow their wealth, they now consider safety of assets, not investment return, as the top priority, following the 2008 global financial crisis that originated on Wall Street.