12/30/2012

Pictet & Rothschild Group to acquire Duff & Phelps

Duff & Phelps has announced that it has entered into a definitive merger agreement under which a consortium comprising controlled affiliates of or funds managed by The Carlyle Group, Stone Point Capital, Pictet & Cie and Edmond de Rothschild Group

12/23/2012

High-net-worth individuals 'want better banking'

A large number of high-net-worth (HNW) individuals in China are not satisfied with private banking services and look forward to tailor-made, innovative offerings, a survey that polled some 700 individuals across 29 cities in China revealed.

12/23/2012

Wealthy Asia investors may cool to corporate bonds as deals sour

Asia's wealthiest investors may lose some of their appetite for corporate bonds after getting burned in recent deals, analysts and bankers say, sowing caution in a market where issuance hit a record this year and hiking funding costs for riskier borr

12/22/2012

Wealth of bank jobs

The hiring focus now is on the back-office compliance staff to rein in the risk takers