Managers of Wealth Asia Pacific

RBS to offer philanthropy services in India Close

Rising level of prosperity and family-run businesses here provide a lot of opportunities in this space, she said.

Australian private wealth firm selects US property

It is the first investment made by the Equiti US Multifamily Property Fund following a 12-month search in conjunction with US partners, Riverstone Residential.

China’s new wealthy take tips from the West

China’s new wealthy take tips from the West Wealthy Asians in China and elsewhere are recognising the need to properly manage and pass on their money, and are receiving advice from Western families, notes Scorpio Partnership.

RBC ready to pounce on Asian opportunities

Royal Bank of Canada has its sights set on expansion in Asia, with an eye to building its wealth management business to take advantage of China’s rising prosperity.

Citi woos the urban middle class

According to estimates, this customer base is largely urban, tech-savvy and uses a host of services other than the traditional banking tools.

Private banks drive CCRE and Ascendas Singapore dollar bonds

Earlier this year, the lingering question was whether the Singapore dollar bond market had sufficient liquidity to absorb just a handful of deals or a whole slew of them.

ANZ culls wealth mmanagement team

"The changes in our Wealth business are in response to a challenging environment which has emerged in recent years," the spokesperson said.

Hong Kong on course as top expat destination

Having recently opened an office in Hong Kong, GWM has announced it plans to extend further across Asia with new operations based in Malaysia, Singapore and mainland China.

Coutts bolsters Asia team with three senior appointments

Coutts has announced the appointment of three senior hires to its Products & Services team in Asia today.

Asian Clients Take Novel Approach Of Expecting Private Bankers To Make Money For Them

It’s more or less the model of much investment banking business, from mergers to IPOs, where banks charge pretty customary fees and market themselves not on price but on providing the best objective advice, though of course even there most of what y

Kuwait shaikh seeks $21.4m in UBS fees

Mesha'al suing UBS's DIFC branch, claiming he was not paid for helping the bank

In Asia, Fickle Millionaires Vex Banks

The new generation of Asian millionaires are giving some bankers fits

Bank of America-Merrill Lynch downsizes wealth unit

Bank of America-Merrill Lynch has asked more than two dozen employees at its wealth management unit to leave as the stock market slowdown worsens and the economy continues to be sluggish.

Private banking needs overhaul to stay competitive, urges report

The Korea Institute of Finance, a state-run think tank, said in a report on Sunday that the country’s private banking market needs a revision to the related law to bolster growth and stay competitive in the long term.

Singapore Cuts Options for Wealthy Seeking Permanent Stay

Singapore will end a program that allows wealthy individuals to gain permanent residence quicker by putting money in the island, after an influx of foreigners in recent years spurred property prices and fueled voter anger.

Top family offices move to address investment strategy in Asia

Capitalizing on the continuing secular shift of global economic power from West to East was the dominant topic at the recently-concluded Wigmore Association Summit, a semiannual global collaboration of the chief investment officers of six family offices r

Wealth and Asset Management