07/10/2013
Swiss National Bank has opened a branch in Singapore, becoming the first non-Asian central bank with operations in the city-state as it seeks to better manage its portfolio of assets denominated in the region's currencies.
07/10/2013
Following completion of this review and consideration of expressions of interest the decision has been made to retain the business.
07/10/2013
Anything above those spending limits will not be reimbursed or only exceptionally if the additional expenses can be duly justifie
07/09/2013
Angry investors dress in white sheets and stage protest
07/09/2013
The Financial Stability Report released by RBI has taken note of mis-selling in the wealth management division of banks.
07/09/2013
UBS won back the title of largest private bank in the world as inflows of fresh client funds surged last year
07/09/2013
An increasing number of millionaires in the Asia-Pacific region are showing interest in so-called investments of passion such as art, jewelry and collectibles
07/09/2013
Scorpio suggests that the growing dominance of the top 20 reflects consumer demand for a single wealth manager proposition
07/09/2013
Poaching Required in Wealth Management Business
Banks are attracted to the possibility of earning revenues from wealth management fees at a time when stricter regulations
07/09/2013
The FIBA Wealth Management Forum 2013, will provide an overall perspective on the industry as well as explore the challenges and opportunities resulting from global and regional changes.
07/09/2013
The firm is hamstrung in rewarding staff because their ownership stakes cannot be traded in secondary markets like equity.
07/09/2013
The Scorpio Partnership Global Private Banking Benchmark 2013 indicates strong rebound among 209 global wealth management players; UBS takes ranking top spot as a “champions league” of firms emerge
07/09/2013
Law firm Regulatory Legal has set up an alternative business structure with a wealth manager to package up legal advice for financial advisers to provide to their clients.
07/09/2013
United Overseas Bank Ltd has become the first bank in Singapore to offer retail customers online access to their gold or silver savings account,
07/09/2013
he group has created a new logo and website and from now on the Quilter & Co legal entity will be renamed Quilter Cheviot Limited
07/08/2013
Advisers at UBS and some other wealth management firms are now moving into this market and charging wealthier clients the equivalent of a new BMW
07/08/2013
Rising costs and increased scrutiny have led foreign banks to conclude exit is the best option
07/07/2013
Singapore is unlikely to overtake Switzerland as the biggest wealth centre in the world any time soon, but it should strive to play to its strength in world of global finance, Prime Minister Lee Hsien Loong has said.
07/07/2013
DBS does not plan to lend to retail clients which becomes difficult in the absence of local knowledge and when the local banks are strong.
07/07/2013
Distribution management is even more complex for asset managers having multiple fund ranges in various domiciles, as they encounter regulatory nuances across locations, in various languages and with multiple points of contact.