08/04/2023
Bank of Singapore Expands Front Office
The expansion is part of broader plans by OCBC to deliver S$3 billion ($2.2 billion) in incremental revenue by 2025.
Wealth and Asset Management
08/04/2023
Morgan Stanley establishes a presence in Munich
Morgan Stanley is to open an office in Munich to expand its coverage of the city's industrial and IT scenes, following in the footsteps of rivals such as Goldman Sachs and Lazard.
08/04/2023
Global Private Banks Eyeing Japan Market to Capture Asia Growth
Over half of this staggering sum is held in bank deposits and cash, indicating a potential opportunity for the wealth management industry.
08/03/2023
DBS second-quarter net profit up 48% to record SGD 2.69 billion as total income crosses SGD 5 billion
First-half earnings up 45% to SGD 5.26 billion, return on equity increases to 18.9%, both at new highs
08/03/2023
GAM Holding AG announces first half 2023 results
Fund Management Services saw net outflows of CHF 6.9 billion, partially offset by net positive market and foreign exchange movements of CHF 1.2 billion.
08/03/2023
Julius Baer is Saying «Ciao» to an Italian Venture
The Piedmont-based financial institution has begun due diligence on Kairos' accounts, with the work expected to take several weeks with completion slated for September, according to sources close to the matter.
08/03/2023
Meet the duo ushering in a new era for UBS asset management
UBS Asset Management counts private wealth units Credit Suisse, Morgan Stanley and JBWere, among others, as some of its biggest clients.
08/03/2023
Schroders appointed manager of International Biotechnology Trust plc
There are also no plans to change the Company’s discount and premium management policy or Company strategy.
08/03/2023
Schroders CEO says firm is ‘pretty well done’ on big acquisitions
The £726bn London-listed asset manager has made several key acquisitions since Peter Harrison became CEO in 2016
08/03/2023
The Booming Business of Credit Suisse Job Cut Speculation
Neither Credit Suisse nor UBS wanted to comment and will likely save anything they have to say on various matters when results are reported at the end of the month.
08/03/2023
UBS Will Soon Have Credit Suisse's Landmark Down Under
With its acquisition of Credit Suisse, UBS Wealth Management is returning to Australia after an absence of several years.
08/02/2023
Quantum Private Wealth expands presence with Tampa office
The new office in the heart of Tampa within the iconic Rivergate Tower will serve as Quantum's headquarters.
08/02/2023
Rothschild Completes Merger with Sentinus
Top RIAs Bring Entrepreneurial, Client-Oriented Approach to Wealth Management
08/02/2023
Suntera Global completes on Carey acquisition
The deal bolsters Suntera Global’s Guernsey proposition and augments its international fund administration capability.
08/02/2023
Citi Launches UHNW Credit Card
A launch event attended by finews.asia was held at the Rosewood Hotel in Hong Kong on Monday featuring top actress Michelle Yeoh as a guest speaker.
08/02/2023
Rathbones and Investec W&I given the go-ahead for all-share merger
The deal is due to take place on 21 September
08/02/2023
Liontrust’s top shareholder Buffettology nearly halves stake
Sanford DeLand denies reduction is in connection with Liontrust’s plan to buy GAM.
08/02/2023
Coutts London Prime Property Index Q2 2023
Has Q2 suggested a return to a more competitive market or are buyers still on for a potential winner? Here is our latest insight on London’s prime property sector.
08/01/2023
StanChart to Open More Hong Kong Branches for Millionaires
The branches will be located in tourist hotspots in the city.
08/01/2023
HNWIs favour advice from IFAs: LGT Crestone
Older HNWIs between 50 and 59 years of age display the most keenness for IFAs (64 per cent), followed by HNWIs over the age of 60 (57 per cent).