07/21/2017
The former investment banker turned wealth manager sat down with finews.asia and finews.asia-TV in Zurich to discuss his recruiting plans, salary packages for Asia private bankers, and mergers and acquisitions.
07/21/2017
The group will report results for the year to 31 July 2017 on 26 September 2017.
07/21/2017
She took charge of a rebranded company that faced the task of digitization and of broadening its reach by opening new high-street branches.
07/20/2017
Both countries are signatories to the Automatic Exchange of Financial Account Information (AEOI) led by the Organisation for Economic Cooperation and Development.
07/20/2017
Its private bank in Asia and its Swiss-based asset management arm closely cooperated in closing the deal.
07/20/2017
Profits from the businesses were even more robust, climbing 30.5% to $124 million from $95 million in the same quarter a year ago.
07/20/2017
Its pre-tax profit margin of 25 percent came in at the top of Chief Executive Officer James Gorman's targeted range of 23 percent to 25 percent by the end of this year.
07/20/2017
The firm’s current investment mandates for Australia focus on acquiring substantially stabilised.
07/20/2017
While mortgage advisers currently make up a large proportion of protection product distribution, the section of the market occupied by wealth managers is comparatively small, he explained.
07/20/2017
The fact that the team in Singapore has been reinforced highlights the growing importance of the Asian market to VP.
07/20/2017
The key is that it is usually fee-based, which means a recurring source of revenue for the adviser.
07/20/2017
Current quarter included expense charges of $22.8 million associated with severance and related activities
07/20/2017
The Tier 1 ratio, at 26%, remains well above the minimum requirement stipulated under Basel III and by the FINMA.
07/20/2017
The group's operating income was also on the rise
07/20/2017
Among alternative investments, private debt is very popular, with family offices now committing some 11 per cent of their funds to this asset class.
07/19/2017
We consider the onshore private banking presence as a natural progression to further build our local footprint.
07/19/2017
There isn’t an effective way to benchmark these portfolios and assess them.
07/19/2017
The Swiss bank's approach is to book all assets in Zurich.
07/19/2017
We have been able to increase pretax profit for five successive quarters.
07/19/2017
The timing of Ping An's announcement is a little curious.