08/23/2012

A Swiss bank bets on emerging markets

There is trouble closer to home, too: German politicians are threatening to tear up a treaty designed to head off attacks on Swiss banking secrecy.

08/23/2012

ABN Amro Q2 profit drops, sees more impairments

Nationalised Dutch bank ABN AMRO on Friday said second-quarter profit fell as loan impairment charges doubled, and warned of further hits this year because of the fragile state of the Dutch economy.

08/23/2012

Credit Suisse to Host Philanthropy Campus

t Credit Suisse, we understand that the most lasting changes often begin with the actions of a single individual or a family, which is why we constantly work with our partners to develop new ways to help our clients achieve their philanthropic goals

08/23/2012

Germans raid Julius Baer clients in tax crackdown

German tax inspectors have raided clients of Swiss bank Julius Baer, the latest development in a dispute over untaxed money held in secret Swiss accounts, a German magazine reported.

08/22/2012

Old wealth reborn in new Indonesia

Wealth-X, a global intelligence and wealth due diligence firm, estimated in its latest Indonesia country report that 775 individuals in Indonesia are worth more than US$30 million, a statistic that underscores the country's still yawning wealth gap.

08/22/2012

Six Group on acquisition hunt

The operator of Switzerland's national stock exchange is eyeing "strategic investments" with the proceeds from its sale of a stake in derivatives market Eurex, in a bid to execute on its well-publicised strategy of "internationalisatio

08/21/2012

Wealth management a tough play for big banks

These days wealth management contributes less than 8 per cent of CBA's group earnings, less than half its relative contribution before the global financial crisis.

08/21/2012

Barclays expands Singapore private banking team

Barclays today announced that it has set up an Independent Asset Managers team in Singapore, as it continues to capitalise on market opportunities in Asia, and further grow its private banking business in the region.