02/27/2023
Ping An Bank Hong Kong Branch granted insurance agency license
In this age of digital transformation, the way investors conduct trading, consulting and acquiring information have changed.
Wealth and Asset Management
02/27/2023
St James’s Place to close Shanghai office
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore.
02/27/2023
Arbuthnot profits set to beat forecast after strong quarter
Forecast of £17.3m will be topped
02/27/2023
Baar independent asset manager rebrands
The firm, previously known as Asset Management Partners, said the name change will not have a wider impact on its clients.
02/27/2023
LLB Group posts best Group business result for more than ten years Continuing on growth trajectory
In 2022, the LLB Group continued its dynamic growth with further net new money inflows and higher loans to clients contributing to the development.
02/27/2023
Rothschild & Co wins Best Corporate Finance Adviser award from GlobalCapital
This recognition reflects our leading Debt Advisory activity and marks the third consecutive year that we have won this award.
02/27/2023
Bank Linth: Pleasing business result for 2022
Bank Linth's volume growth maintained its momentum in 2022. Loans to customers increased by 4.4 percent to CHF 6,783.9 million.
02/27/2023
Singapore’s «Big Three» Banks Deliver Profit Hat-Trick
2022 was a challenging year for the financial sector, characterized by negative market performance across asset classes and a dealmaking slump.
02/27/2023
OCBC Bank stays on track for being the wealth management bank of choice in Malaysia
At OCBC Bank, clients can expect a range of wealth solutions, from deposits and credit cards to wealth protection, investment and financing to help grow, protect and preserve their wealth based on their unique aspirations and appetite for risk.
02/27/2023
No End to Credit Suisse’s Bad News
After losing significant value last year, the fund is now facing redemption demands, the bank said in an emailed financial update Friday.
02/27/2023
James Hambro & Partners hits £5bn as Edinburgh and Leeds pays off
The wealth firm's recent launches in Edinburgh and Leeds helped propel its assets under management above £5bn for the first time in its history.
02/27/2023
Abrdn shuts two more multi-asset funds in consolidation cull
Another pair of strategies is being shut as part of Abrdn’s ongoing plan to reduce its total number of funds.
02/24/2023
Savant Wealth Management Acquires $3.3 Billion Capital Directions
First Acquisition of 2023 Marks Savant's Largest; Expands Footprint to Southeast U.S.
02/24/2023
OCBC Group Full Year 2021 Net Profit Rose 35% to S$4.86 billion
Group net profit for FY21 was S$4.86 billion, an increase of 35% from a year ago, underpinned by strong growth in non-interest income and lower allowances, which offset a decline in net interest income amid a low interest rate environment.
02/24/2023
Deutsche Bank Mulled Buying Parts of Credit Suisse
The report said that should Credit Suisse consider hiving off additional businesses, the plans could be reactivated.
02/24/2023
Singapore banks see fall in wealth management fees as rich clients turn cautious
OCBC’s results wrap up Singapore’s latest bank earnings season, where local rivals DBS Bank and UOB also suffered from lower fees managing rich clients’ funds.
02/24/2023
IQ-EQ shortlisted for three awards in 2023 Citywealth Brand Awards
Ellie Cowen, Events & Marketing Executive in our Group Marketing team, has been shortlisted for the ‘Rising Star’ award
02/24/2023
Walker Crips’ wealth management arm to rebrand as Walker Crips Financial Planning
This new name better reflects the full range of financial planning services the team of highly qualified financial planners can offer clients as they look to achieve their short, medium and long-term financial goals.
02/23/2023
UBS Said to be Applying For China Fund License
That opened the door for other institutions to follow suit, including Blackrock, Goldman Sachs, and JP Morgan Chase which have since obtained various licenses from Chinese regulators to expand their businesses in the Middle Kingdom.
02/23/2023
Private Equity Billionaire Jean Salata’s Wealth Jumps On Blockbuster $6.7 Billion Deal
A month earlier BPEA had closed a new fund totaling $11.2 billion, one of the largest private equity funds ever raised by an Asia-based private equity firm.