12/28/2011

It cannot get tougher than this

With global markets melting and every asset class straining, wealth managers are facing an uneasy task of managing HNIs’ wealth. In such circumstances,

12/28/2011

Leading Malaysian bank to develop wealth management business.

“The wealth management business in this region is successfully conducted not so much by banks but by private bankers,” he said, adding that it might no longer be the enclave of purely high net worth individuals. “Wealth management now re

12/28/2011

Wealth management subsidiary sets up new team

AMP Capital Investors, part of Australia's largest wealth manager AMP Ltd, is making a push in Asia to take advantage of improving sentiment towards the region's sovereign risk, a top executive at the fund management firm said.

12/28/2011

Merrill Lynch explains reasons for blacklisting Nigerian clients

The bank which services its clients with a personal wealth profile of at least $250,000 of investible assets, will now service the embattled Nigerian clients through its Global Banking and Markets (GBAM) business, from its London , New York and Johannesbu

12/26/2011

Good time for NRIs to invest in India

If investors do not want to take risk of price volatility, then fixed maturity plans are also good options as the tenures of these plans are matched with the underlying instruments. — Mr Vishal Kapoor, Head — Wealth Management, Standard Charte

12/26/2011

Archbishop queries bankers' bonuses

Writing in the Yorkshire Post, the archbishop said the UK needs a "sustainable steady economy in which the emphasis is placed on greater equality".

12/19/2011

The Truth About Wealth

A November Federal Reserve study, meanwhile, found that a third of the people in the top 1% in 2007, as measured by wealth, were no longer in the top 1% in 2009.