WEALTH MANAGEMENT

DBS Hong Kong to pay Lehman buyers HK$651mln

Lehman Brothers notes buyers classified as having low to medium risk would get money plus interest. Read ››

HSBC says Hong Kongers most affluent in Asia

Over a third of Hong Kong assets invested in stocks and a quarter in RMB. Read ››

Wealthy Singaporeans cautious about investments

Yet more than half of them still managed to grow net worth in the last six months. Read ››

SBI to start wealth management services

State Bank of India mulls starting wealth management services in the current financial year. Read ››

Nomura and MBK Partners discuss KEB bid

Parties in early talks for joint bid for KEB even as ANZ showed interest. Read ››

AXA grants NAB extension to win regulator’s nod

Exclusivity agreement prevents AXA from seeking bids from other banks for 6 weeks. Read ››

RBS upgrades Asian investment banking with key appointments

Appointments of 4 RBS high calibre heads aimed to provide world class banking in region. Read ››

NAB to seek asset buyers of investment manager Axa Asia

Lender in negotiation to dispose assets to win approval of Australia’s regulator. Read ››

Fitch: Japanese investment banks return to profit

Agency still cautious as Europe's sovereign credit crisis can pull down anemic growth of Japanese lenders. Read ››

ANZ expands wealth management services in Japan

ANZ launched a new sub-branch in Nagoya to provide more convenient wealth management services to  Japan’s major metropolitan centres. Read ››

Extension of Axa Asia deal with NAB possible

Parties discuss move to sell assets to appease the Australian Competition & Consumer Commission. Read ››