05/02/2012
Standard Chartered said on Wednesday its first-quarter income grew less than its previous 10 per cent target, as the strength of the US dollar against Asian currencies impacted income growth.
04/30/2012
Standard Chartered hit the headlines in March when its annual report revealed the $92m remuneration figure.
04/27/2012
MACQUARIE Group has sacked more than 1300 staff after revealing one of the bank's worst profit performances since the GFC.
04/27/2012
"DBS continued to build its Asian franchise with good growth across its regional markets," CIMB's head of research Kenneth Ng said in a note to client.
04/26/2012
The annual report can be accessed on Noah's investor relations website at http://ir.noahwm.com/ .
04/25/2012
During the review period (2007-2011), the value of the worldwide wealth management market for NRI millionaires rose at a compound annual growth rate (CAGR) of 9.4%.
04/25/2012
Credit Suisse eked out a small first-quarter profit on Wednesday, confounding analyst forecasts for a big loss due to a 1.5 billion Swiss franc charge on its own debt, as it cut more costs than expected.
04/25/2012
The Programme aims to equip Bank of Singapore private bankers with the relevant skill sets and qualifications to uphold the highest standards in delivery of client-centric advice and consistent client experience.
04/24/2012
UBS Chairman Says Bank’s Reputation Will Play Role in CEO’s Pay
Villiger, whose tasks include developing recommendations for the CEO’s pay with the compensation committee, said the bank won’t assess Ermotti’s performance by profit alone, but will also include targets for boosting capital ratios and c
04/24/2012
Asian millionaires on the rise
Wealth managers also expected those with $30m of investable assets to account for 24 per cent of their $3tn under management, up from 19 per cent in 2011.
04/24/2012
Barclays Wealth continues APAC expansion
Barclays today announced that it has appointed four senior private bankers in Singapore, in a move that underlines Singapore’s importance as a wealth management hub for the bank
04/23/2012
The Biennale des Antiquaires, France’s oldest art fair, is looking to profit from the growth of Asian wealth by starting a mini-biennale in Hong Kong.
04/23/2012
The latest hot topic that Chinese Private Bankers argue about when they get together is which foreign destination is favored by wealthy Chinese clients.
04/23/2012
Asian millionaires on the rise
Nearly two-thirds of the 109 wealth managers polled expected the number of individuals with investable assets of between $1m and $30m to increase this year by between 6 and 15 per cent, while 23 per cent expected a rise of more than 15 per cent.
04/23/2012
Asia's leading wealth managers, who have combined assets under management (AUM) of more than US$3 trillion, are bullish on global economic outlook in 2012, according to the results of a survey released Monday.
04/19/2012
For these reasons, Philanthropy Management suggests that wealth consultants and other advisors manage the expectations of entrepreneurs who are making their first serious forays into philanthropy.
04/19/2012
The Guggenheim’s engagement with the South and Southeast region goes back even further than this programme, including exhibitions from seminal artists Rirkrit Tiravanija and Anish Kapoor.
04/19/2012
NTHFS provides middle-office and administration services including trade processing, valuation, real-time reporting, cash management, accounting, collateral management and investor servicing. It has more than US$170 billion in hedge fund assets under admi
04/19/2012
Swiss private bank gets banking licence in Hong Kong
They has been operating in Asia for over 25 years
04/19/2012
All major Australian wealth groups are believed to be undertaking significant strategic changes following a reduction of fund inflow and poor equity markets.