Wealth Management

Obama's inauguration to eye tax crackdown on HK and Singapore

Obama's inauguration to eye tax crackdown on HK and Singapore

Hong Kong and Singapore may soon come under increased scrutiny from the US, if incoming President Barack Obama follows through with his pledge to...

Barings predicts surprises from Asian markets

As the credit crunch impacts markets globally and the US and Europe experience economic slowdown, Baring Asset Management (Barings) argues there is...

Moody's says outlook for Australian P&C sector stable

Moody's Investors Service says that the outlook for Australia's general insurance industry is stable, but 2009 is likely to prove a challenging year...

Moody's assigns a B1 rating to the Philippines' global bond

Singapore, January 07, 2009 -- Moody's Investors Service has assigned a foreign currency rating of B1 with a positive outlook to the government of...

Proposed Acquisition of parts of Credit Suisse’s Global Investors business

Aberdeen Asset Management PLC (‘Aberdeen’ or ‘the Group’) announced its entry into a definitive agreement with Credit Suisse Group AG (‘Credit Suisse’...

Insurance takeup still driven by long-term wealth goals, says HSBC survey

People in Hong Kong buy life insurance primarily for wealth accumulation, althoughthere is renewed interest in basic protection, according to a survey...

Banyan Tree completes third closing of Indochina hospitality fund

The Board of Banyan Tree Holdings Ltd. (“BTH” and together with its subsidiaries, the “Group”) announced that after the completion of its third...

UBS bolsters Asia wealth management team with new hires

UBS Wealth Management announced a series of key strategic hires in Hong Kong and Singapore in its commitment to maintain its market-leading business...

Asia Pacific is home to 28 percent of the world's HNWIs

The combined wealth of Asia Pacific's millionaires expanded 12.5 percent to U.S. $9.5 trillion last year, according to the third annual Asia...