Wealth Management
Yoon appointed Chairman & CEO of UBS Asia Pacific
Yoon appointed Chairman & CEO of UBS Asia Pacific
UBS appointed Chi-Won Yoon as Chairman and CEO of Asia Pacific and as member of UBS's Group Executive Board, effective immediately. Yoon succeeds...
HSBC: Investments still draw interest among SMEs
HSBC's survey revealed that almost one in three small businesses in Hong Kong have investments, and nearly 40 percent say they plan to invest in the...
BEA forges collaboration with Criteria and “la Caixa”
BEA has concluded a series of business cooperation agreements with Criteria CaixaCorp and Caja de Ahorros y Pensiones de Barcelona.
HSBC to obtain remaining 6.14% Investsmart shares
HSBC aims to delist Investsmart shares from the Bombay Stock Exchange and the National Stock Exchange of India, along with its plan to acquire the 6...
BEA expands in Taiwan through AIG acquisition
The Investment Commission of the Ministry of Economic Affairs in Taiwan has approved BEA's move to acquire AIG Wealth Management Services Taiwan...
Barclays accepts BlackRock's offer to acquire BGI
BlackRock has received written notice from Barclays PLC (Barclays) that the former's offer to acquire Barclays Global Investors (BGI) has been...
Moody's: UBS bondholders more exposed to losses
UBS' long-term challenges in Investment Banking and Wealth Management pose greater risk to bondholders than previously perceived, according to David...
HSBC segregates banking from investment services
HSBC is implementing new measures at its branches to segregate its general banking service areas from investment service areas. This is in line with...
Wylie is new CEO of ING Hong Kong and Macau
ING has appointed Mr. John Wylie as Chief Executive Officer, Insurance & Pensions, Hong Kong and Macau, effective 1 June 2009. In his new capacity...
BEA Union Investment appoints Schoeppl as CIO
Elke Schoeppl, BEA Union Investment's Head of Equity, will become the Chief Investment Officer effective 1 July 2009. Ms. Schoeppl will replace Mr...
MUFG on Morgan Stanley’s new public offering
Following the change in Morgan Stanley's public offering, MUFG has revised its decision regarding the purchase of Morgan Stanley's shares of common...
BNP Paribas eyes the affluent of Asia
BNP Paribas will now offer affluent clients a new range of investment solutions from Singapore with its Personal Investors' services. It will operate...
EDHEC creates target-date funds research chair
In partnership with UFG, the EDHEC Risk and Asset Management Research Centre has launched the creation of the "Dynamic Allocation Models and New...
AXA University Asia Pacific Campus opens in SG
AXA has officially opened the AXA University Asia Pacific Campus in Singapore, the first in the Japan Asia-Pacific region. The Campus is aimed to be...
CIMB awarded for investor education
CIMB-Principal Asset Management Berhad recently won the Most Innovative Award for Investor Education by Asia Asset Management. The "Best of The Best...
RBS addresses wealth transfer needs
RBS will make Transamerica Insurance’s flagship Universal Life policies available to its customers.
HSBC firms up Asian presence via Brunei
HSBC Global Asset Management has extended its Singapore operations via Brunei to serve regional markets in South East Asia.