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Wealth and Asset Management

07/06/2016

Credit Suisse merges fixed income with equities in Asia Pacific

Switzerland's second-biggest lender said in March it would shave an additional 800 million Swiss francs ($821 million) off costs and cut 2,000 more jobs from its global markets division, bringing the total to 6,000 job losses.

07/06/2016

Edmond De Rothschild Group Publishes Its 2015 Sustainability Report

This 2015 report presents the five pillars of the Group's sustainability strategy and gives a complete overview of its performance and progress compared to the previous year and in the context of its new Sustainability objectives, across its Private

07/06/2016

Goldman Sachs Executives Told To Cut Travel Budgets

Employees told, “No new business, don’t go.”

07/06/2016

St. James's Place Wealth Management - Focusing On What Matters

Quality not quantity is an over-used term, but one which rings true for St. James’s Place Wealth Management (SJP) in Singapore.

07/06/2016

Wealth firm seals deal for Bath-based adviser

Money Wise CEO Malcolm Coury will leave the business following the deal.

07/06/2016

Sun Life Embarks On Path To Tap The Wealth Pipeline

After 124 years established itself as one of the leading players in Hong Kong’s insurance and MPF markets, Sun Life Financial is ready to embark on a new journey again.

07/06/2016

Adviser Critical In Developing Family Governance In Asia Pacific

Up and coming members of family businesses often struggled to be heard by traditional elders but consultants from finance, academia and law can help next-gens find their voices when challenging firmly held views.

07/06/2016

Steady growth with an eye to the millennials

It impacts both the flow and fees business, hence it is unrealistic for banks to manage their business using 2015 revenues as a baseline.

07/06/2016

Saudi Arabia Contemplates Largest Sovereign Wealth Fund

In order to make this happen, the Crown Prince must lift the shroud of mystery enveloping his nation's five huge oil fields, estimated by the Saudis to hold 260 billion barrels of oil.

07/06/2016

Goldman Executive Says Libyan Internship Was to Help Win Future Business

Goldman Sachs Group Inc. awarded an internship to the younger brother of an official at Libya’s sovereign-wealth fund in 2008 because it expected the younger brother to join the fund and potentially become an important client, an executive at the Wa

07/06/2016

Returning to the fold

The recent membership hike marks a reverse in fortune for the body.

07/06/2016

Russia Blows Through Wealth Funds As Plans Said to Focus on Debt

As it drains the reserves, net debt sales at home will more than quadruple next year to 1.29 trillion rubles one of the officials said.

07/06/2016

Ascot Lloyd receives £10m to buy other advisers

In July 2015 Ascot Lloyd bought The PFP Group to further expand its portfolio of wealth management services

07/05/2016

Value Partners expands beyond Asia to meet demand for global assets

Fund flows sourced from China, which Value Partners considers a home market, account for a consider portion of its overall business.

07/05/2016

Singapore Institute to Train Thailand’s Private Bankers

The demographic of Thailand's high-net-worth individuals is also in flux with many now younger entrepreneurs.

07/05/2016

Consolidator serves up £10m revenue surprise

‘We have exceeded market expectations and now look ahead to what I am confident will be another highly successful financial year.’

07/05/2016

Mattioli Woods Expecting Post-Brexit Surge

Mattioli added that the company's property investment subsidiary Custodian will remain "attractive" to investors due to low interest rates.

07/05/2016

ERI wins the "Portfolio Management" category - twice

Nicholas Hacking, Director, ERI commented: "We are proud to have been voted the winner of these awards, and this in both Hong Kong and Singapore.

07/05/2016

Julius Baer buys Luxembourg private bank

Additionally, the Luxembourg banking licence and CISAL’s T24 platform and expertise offer clear benefits for the Group as a whole

07/05/2016

Rothschild profit cut as deal flow slows

No dividend was paid to its global parent, compared to $10m the prior year.

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