Andrew Cohen, head of the Asian private bank, finds the region’s wealthy are more open to taking advice.
DBS Private Bank, which snapped up Société Générale's Asia private banking business for $220 million last year, is still on the look-out for acquisitions as it seeks to burnish its regional ambitions.
Rothschild Group, the well-known family controlled banking firm based in London, has joined forces with CID Group, a private equity firm from Taiwan, to invest $50 million in Chinese online retailer
The manager has switched the operational and administrative costs for a portion of its Luxembourg Sicav with $9 billion of assets under management (AUM) from a fixed cost, to a capped, variable cost.
A select panel of senior superannuation and wealth management industry representatives has nominated simplicity, identifying customer needs, developing holistic services and providing clients with control as some of the key ingredients to future wealth ma