Managers of Wealth

Compliance and competition drive margins down for APAC fund managers

It is also worth noting that investors are expecting to spend up to 42% of their strategic budgets on compliance, instead of on driving revenue growth.

Why Credit Suisse Group AG Cherishes Asia?

Credit Suisse has operated its securities brokerage in Thailand for more than 16 years.

J. Safra Sarasin Bank Shuts Stock Research Arm

The bank didn't want to say why it shut the research.

Winners Of WealthBriefing European Awards 2016

Among the award-winners and highly commended people by the judges was David Lough, who took this year’s Lifetime Achievement Award.

BNP Paribas to hire at least 20 private bankers in Taiwan drive

Over the long-term, the onshore wealth arm is expected to triple the size of its business across headline parameters.

Senior Taiwan private banker exits UBS

PH Chng, a country team head for Taiwan International is believed to have exited the bank, along with an unspecified number of team members.

UBS Wants to Sic a New Robo on the Ultra-Rich

UBS is on track to roll out a new robo-advice platform geared to its “ultrawealthy” clientele next year,

Private banking sector set to evolve with fintech

“Fintech applications will make a big difference.”

What does the future hold for wealth managers in Asia?

Margin erosion is partly due to fee decline and partly a result of rising costs, primarily compliance related spending.

$1.2 billon adviser team leaves Morgan Stanley for Bank of America Merrill Lynch

The group is led by Andrew Zimmerman, who's making a return to Merrill

Island of 60,000 emerges as US$265 billion US Treasuries haven

The stockpile makes the British territory, an offshore tax haven with about 60,000 residents

HNW investors expect European equities to overtake the US

This is in contrast to 2015 where over half of investors believed equities would perform the best.

UBS Group, Credit Suisse Group: Is Wealth Management the Only Hope?

As a result, the banks are cutting on their non-profitable business lines.

Rathbones partners with Credit Suisse for private office

At a group level, Rathbones announced that total funds under management rose 0.3% from £29.2 billion to £29.3 billion in the first three months of the year.

Credit Suisse Targets Rich Thais to Meet Wealth Goal

The bank is being lured by the pool of wealth held by the nation’s rich -- estimated at $456 billion in a 2015 report by Cap Gemini and RBC Wealth Management

Credit Suisse Targets Rich Thais to Meet Wealth Goal

Led by Chief Executive Officer Tidjane Thiam, Credit Suisse is seeking to double pretax income and client assets under management in the Asia Pacific by 2018.

Competitors using recent PB acquisitions to lure front line talent

Hiring one relationship manager after another is too slow in an environment where private banks are already spread so thin

What has Wealth Management got to do with Dominos Pizza? by Scorpio Partnership

With USD30 trillion of HNW assets expected to pass from the older generation by 2050, the wealth industry could be about to witness one of the greatest wealth transfers of all time.

Brown Brothers Harriman expands trust services in Hong Kong

The potential inclusion of ETFs in Stock Connect, a cross-border initiative launched in 2014 that links the Hong Kong and Shanghai stock exchanges

UBS Americas Wealth Unit Partners With Robo-Advisor

The firms will form a research lab to collaborate on new wealth management tools as part of the venture, UBS said in a press release.

Wealth and Asset Management