02/13/2014

BNP Paribas Q4 profit hit by $1.1 bln legal charge

BNP Paribas, France's No. 1 listed bank, reported a 76 per cent drop in quarterly profits on Thursday after booking a US$1.1 billion litigation provision in case it faces fines for breach of U.S. sanctions.

02/13/2014

Aberdeen CEO says no plans to move HQ

The head of a major Scottish fund manager, Aberdeen Asset Management said the firm has no plans to relocate its base in the face of a forthcoming referendum on Scottish independence.

02/12/2014

Citibank Taiwan eyes OBU wealth management market

With Taiwan's de-regulation of the offshore banking unit business, Citibank Taiwan announced yesterday its further expansion in Taiwan's OBU wealth management business by partnering with Allianz Global Investors Hong Kong Ltd., Value Partners Lt

02/11/2014

RBC Wealth Management continues award-winning streak

RBC Wealth Management has been recognised as having the ‘Best Private Banking Services Overall’ in Jersey, and number one in 13 further categories, by Euromoney, a global banking publication.

02/11/2014

ANZ Wealth Improves Performance

ANZ’s Global Wealth Division has improved business performance in the last quarter of 2013, which is mostly attributed to product cross-sell

02/10/2014

Fund Managers to Reap $100tn 2020 Wealth Bonanza

Assets managed around the world will rise from $63.9 trillion today to $101.7 trillion in just six years, led by growing riches in emerging markets and the expansion of sovereign funds