05/17/2016
ICBC to drop comprehensive wealth management business
The financial income will be used to deduct his loan interest, according to a Beijing Youth Daily report.
05/17/2016
The financial income will be used to deduct his loan interest, according to a Beijing Youth Daily report.
05/17/2016
Award caps anniversary for firm
05/16/2016
The fund, which follows the same investment philosophy as the Europe Synergy fund the pair already co-manage, is around 95% invested in potential takeover targets.
05/16/2016
Research into generation Y has already shown that asset and wealth managers will have their work cut out to convince this new breed of investor to part with its money in the same way their parents and grandparents did.
05/16/2016
So, how should wealth managers prepare to weather the storm and grow through this period of rapid change?
05/16/2016
The ceremony was held on May 12th at the Jumeirah Emirates Towers in Dubai with over 400 bankers and bank CEOs attending the event.
05/16/2016
The Swiss bank is betting that it can attract wealthy customers by offering individual clients loans in the hundreds of millions of dollars
05/16/2016
Bank of Singapore is the private banking unit of Oversea-Chinese Banking Corp., Southeast Asia’s second-largest lender by assets.
05/16/2016
This was not so much the case when 1HY16 results were announced, as the effects of a rebalancing economy produced what some have labelled as disappointing results to shareholders.
05/16/2016
The contract is expected to complete in July, ICBC said, subject to various approvals.
05/16/2016
Two of the world’s biggest wealth managers look to achieve synergies and share services
05/16/2016
CIBC Asset Management partners with specialized investment managers
05/13/2016
The ratios for commercial banks vary significantly, ranging from less than 5 percent for China Everbright Bank and China Minsheng Bank to roughly one-fifth for China Guangfa Bank, the sources said.
05/13/2016
The Asia Pacific chief executive of Credit Suisse, Helman Sitohang, said in a conference call on Thursday that the bank is to increase its headcount in the region as it hires wealth managers and adds selectively in the investment bank.
05/13/2016
Robo-advisors represent the “Uberization” of wealth management, offering a pure, automated approach.
05/13/2016
Daniel Tully, a former Merrill Lynch & Co. chairman and chief executive officer who spoke out as both critic and cheerleader as the firm tried to weather the 2008 mortgage crisis, has died.
05/13/2016
He has had the weight of the UBS Group’s prosperity on his shoulders since a 2012 restructuring put wealth management at the centre of its operations.
05/13/2016
The Financial Conduct Authority is preparing to visit a number of wealth managers later this year to check they are making progress after the regulator found major failings in suitability standards.
05/13/2016
The awards ceremony took place on 12 May 2016 at the 5 star Grange Tower Bridge Hotel in London.
05/13/2016
This is the first major award to be won this year by deVere Group