10/28/2022
Credit Suisse: APAC is the Lone Region With Positive Flows in 2022
Credit Suisse Posts Fourth Consecutive Quarterly Loss
Wealth and Asset Management
10/27/2022
Nordea Asset Management Seeks to Operate an Investment Hub in Singapore
Nordea Asset Management opened a local distribution office in Singapore in 2013.
10/26/2022
The Evolution of Wealth Management in Indonesia
“This is the promised land of opportunity, the skies are blue, and the potential is simply vast.”
10/24/2022
LGT Group forays into Indian wealth management space via LGT Wealth India
Majority owned by LGT Group, LGT Wealth India employs more than 200 staff and has a presence in 14 cities across India, including Mumbai, Delhi, Chennai, and Bengaluru, the company said in a statement
10/21/2022
AUM Growth Outlook Slips for Hong Kong Wealth Managers
There is less optimism about the future of wealth management in Hong Kong this year, according to a report jointly authored by the Private Wealth Management Association and KPMG China.
10/21/2022
Axa IM ponders China wealth management expansion
The French investment manager could join a growing list of foreign firms seeking to expand into wealth management in China.
10/21/2022
AMP Limited provides Q3 22 AUM and cashflows update
AMP Bank’s total loan book grew by A$0.6 billion to A$23.3 billion in Q3 22.
10/19/2022
Utmost Group announces the planned closure of AAM Advisory in Singapore
Utmost acquired AAM as part of the acquisition of Quilter International in 2021.
10/19/2022
BNP Paribas Joins China Wealth Market Race With New Approval
Asset-management unit, AgBank allowed to set up joint venture
10/19/2022
BNP Paribas Green Lighted for China Asset Management JV
The new platform will be funded by BNP Paribas Asset Management and ABC Wealth Management, a wealth arm of AgBank.
10/19/2022
Ares Management Launches Secondaries Team in Asia Pacific
Danielle Lau Joins as Managing Director to Invest in Real Estate Secondary Market Opportunities
10/18/2022
Digital wealth manager buys stake in Hong Kong family office
Combined group has $4bn in AuM
10/18/2022
Puhui Wealth Investment Management Co., Ltd. Announces Receipt of Nasdaq Delisting Notification and Plans to Appeal
At the hearing, the Company intends to present its plan to regain compliance with the Rule to the Panel.
10/17/2022
ABS launches new guidelines for sustainable private banking, wealth management practices
ABS director Ong-Ang Ai Boon said the guidelines will help private banks and their clients in their transition towards a low-carbon economy.
10/14/2022
Raffles Family Office Launches Digital Asset Platform
The platform aims to become a one-stop solution offering aggregator, independent asset management, gatekeeper, and private wealth advisory services to UHNW families with traditional assets as well as crypto-native investors.
10/13/2022
Allianz Global Wealth Report 2022: The last hurrah
This amounts to adding two eurozones to the global financial pile.
10/12/2022
Goldman Sachs: Up to $8 Billion Capital Gap at Credit Suisse
Credit Suisse is two weeks away from unveiling its strategic review with the spotlight placed on a variety of issues, most notably questions about how the bank will fund its investment bank restructuring, in addition to the sale of assets like its securit
10/12/2022
HSBC China doubles down on global private banking expansion
With an expanded private banking footprint in cities beyond Beijing, Shanghai, Guangzhou and Shenzhen, HSBC becomes the first international bank to set up a dedicated private banking service team in Western China.
10/11/2022
HSBC Extends Private Banking Coverage to Western China
The new locations will make it the first global bank to set up a dedicated private banking services team for western China.
10/11/2022
UBS Secures New Office Space in Hong Kong
The project is expected to be completed by 2025 and UBS is expected to occupy the new premises in early 2026.