02/17/2012
Kazakhstan to overhaul $84 billion national wealth fund
Umirzak Shukeyev’s criticisms come as a pointed attack on the fund’s management under his influential billionaire predecessor Timur Kulibayev, who is the son-in-law of the energy-rich Central Asian nation’s president.
02/17/2012
Swiss Private Bank Chief Asian Economist Resigns
He previously worked at Fortis Bank SA and Standard Chartered
02/16/2012
European banks look to wealthy Asians
Bankers say wealthy Asian investors are already showing interest in the new notes.
02/16/2012
ANZ names global wealth and private banking CEO
She played a major role in ANZ's acquisition of a majority stake in ING Australia and was on the board of OnePath.
02/15/2012
India Inc needs to improve on executive pay governance: PwC
While top executive compensation levels in India compare favorably with the West, it is alarming that pay governance is yet to find a prominent place on the board agenda, PwC said in a report on executive remuneration.
02/15/2012
CBA profits up 19%, wealth management struggles
The CBA has recorded a statutory net profit after tax for the half year ended Dec 31 2011 of $3.624 billion, a 19% increase on the previous corresponding period, in a strong result unaided by its wealth management arm which recorded a loss.
02/14/2012
Credit Suisse Named Best Private Bank Globally
Euromoney is a leading publication for the global banking and capital markets communities.
02/14/2012
Indians have $500 billion ‘stashed in tax havens’
He said getting information about such illegal transactions is a time taking process as investigators have to peel each layer by sending judicial requests to the country where such deposits have been made.
02/14/2012
China soon to over-take Japan as the world's second-largest wealth market
Attention is paid to which private banking services are valued by HNWI's in China, and what criteria is used during selection.
02/14/2012
Taiwan may allow yuan-based wealth management investment
An official of the Financial Supervisory Commission (FSC) said on Monday that it was looking into ways to allow Taiwanese to open accounts at Hong Kong or mainland branches of Taiwan banks without having to go to the branches in person.
02/14/2012
Family Office Industry Growth in Singapore and Southeast Asia
Singapore has a healthy, free-market-based economy that has excelled in recent years.
02/14/2012
Melbourne-based wealth manager expands in Sydney
"Our longer term goal is to be recognized as Australia's premier boutique private wealth management firm, with a presence in all major cities in the country," said Kelly
02/14/2012
Asia banker pay down as much as 40 pct as slowdown hits
On the rise this year has been the number of Asia bankers receiving 'bagels' or 'donuts' in industry jargon, which means zero bonus.
02/14/2012
Swiss wealth manager to Move Some Global Functions to Singapore
“I would not exclude that in the next few years we could have even more global functions being based out here.”
02/14/2012
Fired CEO of wealth management firm sues in dispute over sick leave
The former chief executive of a wealth management firm is suing for wrongful dismissal after he was fired following a row over medical leave.
02/13/2012
The news you want - WHEN YOU WANT IT!
02/11/2012
Standard Chartered’s CEO for Asia breaches FSA rules in £2 million share trade
Tim Baxter, Stanchart’s London-based head of corporate communications told Euromoney: “Yes, there has been a breach.”
02/08/2012
L&T Finance to offer wealth management, hires EFG brass
L&T Finance is actively looking to enhance its product line and is looking to foray into a business that many foreign players are struggling to sustain --wealth management.
02/08/2012
Cuisine Asia controls restaurant assets with revenue of about Rs 300 crore making it a leading player in a still emerging industry .
02/06/2012
In the world of the rich, money is a subject fit for discussion any time anywhere.