Managers of Wealth Asia Pacific

The Challenges of Multi-Generational Wealth Management in Asia

The initial public offering also provided a window into the burgeoning wealth in the region and the dynamics — and concerns — that many wealthy Asian families face as they contemplate succession plans and the challenges of passing their wealth

Tax haven crackdown bad for financial services

The financial services industry in tax havens could suffer immensely if the proposed crackdown is carried out, according to a study from RMIT University.

HSBC appoints regional head of wealth development

Prior to joining HSBC, Vohra was general manager, private bank, retail banking and wealth management for ANZ Singapore.

Cultivating Wealth Management in Asia

As the Western economies continue to struggle to pull themselves out of the storm of post-crisis blues and the cyclone – the European sovereign debt situation – howling through the European Union, the weather in South East Asia looks rather ro

Sovereign wealth funds off to slow M&A start in 2012

They have declared 15 deals so far, compared with 18 in the same period last year.

Private banks chase Asia’s ultra rich

Bay Area banks are rolling out the red carpet for Asian money coming to the United States.

China Construction Bank Keen On Buying European Private Bank

The state-run Chinese bank has been in talks with a couple of European banks on the issue, Zhu told the paper in an interview.

Standard Chartered in good shape after another record year ‎

Standard Chartered, the emerging markets lender focused on Asia, reported its ninth consecutive year of record earnings, with pre-tax profits rising 11pc to $6.8bn.

Rich Indians among top philanthropists

Indian philanthropy suffers from some redundancy, the study found, with most philanthropists preferring to set up programmes through their own foundations, rather than investing in pre-existing non-governmental organizations, or programmes already in pla

UBS trader Satur to start A$500 mln hedge fund-sources

Satur, who earlier headed the securities arm of UBS in Australia and the equity trading divisions in the United States, is setting up the macro hedge fund and seeking to raise up to A$ 500 million ($535 million), the sources said.

HSBC Pays More For Asia / Latin American Staff

HSBC has revealed that it is coming under increasing pressure on the reward front as it undertakes more of its business in fast-growing economies like Brazil, China and India.

Forbes ranks Singapore as 3rd richest nation

Using the most recent International Monetary Fund data available, Forbes said Singapore “thrives as a technology, manufacturing and finance hub with a GDP (PPP) per capita of nearly US$56,700 (SG$71,200).”

HSBC Profit Surges 28%

The year-over-year improvement was primarily led by strong performance by the Commercial Banking and Retail Banking and Wealth Management segments

Sarasin sells NZB in bid to isolate U.S. assets

Sarasin is looking to distance itself from NZB, one of at least 11 Swiss banks targeted in the second wave of a U.S. tax probe also targeting Credit Suisse and Julius Baer .

Crescent Wealth partners with US fund manager

Australian Islamic fund manager Crescent Wealth has partnered with US Islamic fund manager Saturna Capital to manage its soon to be launched international equity fund.

Chinese Millionaires Are Immigrating To The US In Huge Numbers

Ever since Deng Xiaoping opened Chinese doors to the world decades ago, the US has forged an important, if sometimes politically contentious, business relationship with China.

HSBC To Overhaul UK Bonuses

HSBC, which will report its full-year results for 2011 next Monday, is to issue tens of millions of pounds in new shares to cover any bonuses of more than £50,000 awarded to UK-based employees, people close to the bank tell me.

Chastened UBS uses 150th events to polish image

The bank has been back in the headlines for the wrong reasons this month after it posted poor results for the last three months of 2011 and over its involvement in a global inquiry into a conspiracy to manipulate interbank lending rates.

Western Australia plans sovereign wealth fund

The investment vehicle will be comparable to the existing 73.07 billion Australian dollar (US$78 billion) Future Fund set up by the Commonwealth government in Canberra, which covers public pension liabilities, state Premier Colin Barnett said.

Hong Kong headache: UBS faces 10-fold rent increase

The bank has enjoyed a sweetheart, 10-year lease on space in Two International Finance Centre, which dominates Hong Kong's Victoria Harbour skyline, in a deal struck when the city was staggering from one of its worst economic crises.

Wealth and Asset Management