09/19/2012
Shortage of wealth managers for Asia's rich in S'pore, HK
The talent squeeze is so serious that financial firms are having trouble dealing with the clients who come through the door.
Wealth and Asset Management
09/19/2012
ANZ shelves plans for Hong Kong bank buy
ANZ has reportedly walked away from a plan to acquire a Hong Kong bank after a disagreement over price, signalling a strategy shift that is more focused on organic growth.
09/19/2012
Shareholders approve Julius Baer share capital creation
The capital increase to be conducted by way of a rights offering (inclusive of pre-emptive subscription rights of the existing shareholders) in the amount of up to CHF 500 million is expected to take place in October 2012, market conditions permitting.
09/19/2012
Bankers' Bonuses 9% Lower Last Year
Despite a fall in bonuses paid in the financial sector, they remain markedly higher than in any other area of the economy.
09/18/2012
Russia's super-rich Pessimistic on Business Climate, Corruption
UBS analysts highlighted rising corruption in report.
09/18/2012
How The Next Generation Of Wealth Is Revolutionizing Philanthropy As We Know It
The next generation’s approach to philanthropy is dramatically different than that of their grandparents and parents.
09/18/2012
5 Big Security Risks for HNW Families
As a family’s wealth and fame grow, so does a family’s attractiveness as a target for identity theft, fraud, extortion, robbery and a host of other crimes.
09/18/2012
Asia-Pacific shows resiliency in face of global economic challenges
Steady but uneven growth makes Asia-Pacific’s population of High Net Worth Individuals the largest in the world
09/18/2012
Time is ripe' for wealth management
A leading financial services expert has highlighted the urgent need for more investment products aimed at the wealthy, as Chinese incomes rise and people look forward to enjoying longer retirements.
09/18/2012
Bankers 'motivated by short-term performance'
A survey of top investment bankers has found that "short-term performance" is their priority.
09/18/2012
Global growth worries dent Asia business sentiment in Q3: survey
Business sentiment among Asia's top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia's outlook, a Thomson Reuters/INSEAD surv
09/18/2012
Handelsbanken's alternative to bonuses falls foul of UK taxman
Most of the Swedish bank's employees benefit from a profit-sharing scheme … apart from those working in the UK
09/18/2012
T. Rowe Price expands Swiss private banking and wealth management team
The Swiss market remains a pivotal region for private banking and fund investing and the maturity of the market place is a good match for the quality of T. Rowe Price's products, the firm's general investment capabilities and its client focus.
09/18/2012
AXA Wealth launch RDR support for advisers
AXA Wealth has launched FocalPoint, a new online RDR support hub featuring a series of modules designed to help advisers at every stage of their RDR journey.
09/17/2012
Western bankers chase good life
Fall-out from the controversy surrounding the London interbank offered rate (Libor) fixing scandal, together with US investigations into alleged money laundering by several banks, including HSBC and Standard Chartered, have left a bitter taste in the mout
09/17/2012
Private banks work wonders to lure the super-rich
"There is more to wealth than managing one's assets," said David Hughes, Head of Affinity Partnerships at Barclays, which oversees the Little Book of Wonders.
09/17/2012
CEO bonuses tumbled in 2011
The top ASX 100 CEO bonuses fell significantly in 2011 due to more mature conversations on executive pay between boards and investors.
09/17/2012
Norway learns from Singapore in monetary management
The Supervisory Council of Norway’s national bank, Norges Bank, visited Singapore last week to learn more about investment strategies, capital markets, risk management and how Singapore manages its sovereign wealth.
09/17/2012
Brazilian-Swiss private bank set to control 90.47 pct of Sarasin after minority offer
The bought a controlling stake in the Swiss private bank from Dutch cooperative Rabobank last year.
09/17/2012
"Global Wealth Report" - RESEARCH
Today, Allianz unveiled the third edition of its "Global Wealth Report", which puts the asset and debt situation of private households in more than 50 countries under the microscope.