09/27/2011
As India’s Wealth Increases, So Do Its Waistlines
As India’s Wealth Increases, So Do Its Waistlines
Wealth and Asset Management
09/27/2011
Gold dispensing ATMs arrive in China
Gold dispensing ATMs arrive in China
09/27/2011
China's richest man 'may join central committee'
China's richest man 'may join central committee'
09/26/2011
Growing Alarm as Capital Flows Out of Asia
Growing Alarm as Capital Flows Out of Asia
09/26/2011
UBS Grand Prix celebration melts in Singapore heat
UBS Grand Prix celebration melts in Singapore heat
09/26/2011
Credit Suisse saviour Gruebel felled by UBS debacle
Credit Suisse saviour Gruebel felled by UBS debacle
09/26/2011
UBS jobs in peril as CEO quits over alleged rogue trader scandal
UBS jobs in peril as CEO quits over alleged rogue trader scandal
09/23/2011
Asia’s Wealthiest Avoid Banks, Opt For Family Offices
Asia’s Wealthiest Avoid Banks, Opt For Family Offices
09/23/2011
Survey finds that China’s rich are young, single – and mostly male
They've become one of the world's most influential social groups and now a little more light has been shed on the makeup of China's rising band of rich.
09/23/2011
Wealth of China's rich grows amid world crisis
Despite the looming global financial crisis, the average wealth of China's wealthiest individuals surged in the past year, a researcher announced on Thursday in Beijing.
09/23/2011
DBS Bank plans to invest further SGD250 million in Asian private banking
DBS Bank has announced plans to invest a further SGD250 million over five years in Asian private banking.
09/23/2011
Threadneedle’s Harrison: UBS chiefs should not resign over fraud
The Swiss bank’s chief executive Oswald Gruebel is set to give a ‘back me or sack me’ pitch to the bank’s board and is coming under some pressure to ring-fence or potentially separate the firm’s baking business from its wealt
09/23/2011
Meet The World's Richest Billionaire Hedge Fund Managers
The 30th annual Forbes 400 list of billionaires is out.
09/23/2011
UBS cutting up to 10 percent of advisory arm
UBS is cutting back its investment banking division (IBD) representing between 5 and 10 percent of the jobs within the Swiss bank's advisory arm, several UBS bankers said.
09/22/2011
Millionaires Form Family Offices to Avoid Private Banks in Asia
Stephen Diggle, who co-founded a hedge fund that made $2.7 billion for investors in 2007 and 2008, set up a family office to manage the millions in fees he earned instead of entrusting his wealth to private bankers.
09/21/2011
HK watchdog grants banking licence to Swiss PB
After the granting of a banking licence to BPER, the number of licensed banks in Hong Kong has increased to 151.
09/20/2011
Pinc shuts retail broking, wealth management biz
Mumbai-based financial services firm Pioneer Investcorp (Pinc) has closed its retail stock broking and wealth management businesses
09/20/2011
Citi Singapore Chief Extols City-State's Virtues
Few economies felt the pain of the last financial crisis as much as Singapore. But the city-state bounced back sharply, and has lately gained traction as a regional and global leader in private banking and wealth management.
09/20/2011
Tibet's first private banking service opens in Lhasa
It is the bank's 38th private banking center in China, filling a gap for the service in Tibet and aiming to serve the region's burgeoning private financial needs, said Han Wenzhen, president of the Tibet branch of the CCB.
09/16/2011
HSBC lifts gold price forecast
HSBC and metals consultancy GFMS both said they see gold rising above $2,000 an ounce, citing high government debt levels and instability in the currency markets, even as spot prices slipped back below the $1,800 mark.