Wealth Management

Central Huijin buys stocks in 4 Chinese major banks

Central Huijin buys stocks in 4 Chinese major banks

Central Huijin Investment Ltd bought shares in four major Chinese State-owned banks on the secondary market on Monday, the company told Xinhua News.

Bank of China Prestigious Wealth Management established

Bank of China Prestigious Wealth Management - Chuang Fu RMB wealth management product phase 2011068 of Bank of China Limited was established with...

Nikko AM- DBS Bank merger to produce Asia's largest regional asset manager

Nikko AM and DBS Bank completed the agreement to merge DBS Asset Management Ltd  and Nikko AM.

DBS and Sri Lanka's NDB to cooperate more in investment banking

DBS Bank and NDB Group have signed an MoU  to collaborate in equity and fixed income issuances, syndications, project financing and mergers and...

ICBC launches home banking wealth management product

ICBC offers the first "Banking@Home" Electronic Banking wealth management product for users of Personal Internet Banking and Mobile Banking, the Bank...

ICBC and TAETEA launch tea wealth management product

ICBC will launch the first Pu'er Tea wealth management product exclusively for private banking customers.

Maybank to expand investment banking business regionally

Maybank plans to expand its investment banking business in Southeast Asia after the segment registered a 49% surge in fee-based income to RM292mil.

Ashok Mittal appointed as head of UBS India’s investment banking

UBS AG has appointed Ashok Mittal as head of investment banking for India.

Hong Leong Bank may sell MIMB licence

Hong Leong Bank may sell MIMB Investment Bank Bhd’s investment licence included in its acquisition of EON Capital’s assets and liabilities.

Temasek sells stake in Chinese banks, remain bullish on China

Temasek Holdings said its partial sale of stakes in China's state-owned banking giants Bank of China and China Construction Bank is part of its...

Affin offers open-ended fund

Affin Fund Management launched an open-ended fund with an approved size of 800 million units.

Bank of China launches online wealth management products

Bank of China launched the first batch of wealth management products exclusively available via online banking.

ICBC launches 7-day profit increase wealth management product

ICBC added a new member to the ICBC "Link Express" product family - "Link Express" ultra-short 7-day RMB profit increase. Customers are free to...

China to tighten regulations on investment products

The China Banking Regulatory Commission is soliciting opinions on wealth investment management, with clauses aiming to protect investors' interests.

BSN to boost wealth management business

Bank Simpanan Nasional would assign more personnel to handle  its wealth management products and services from 96 now to 350 by year-end.

Shinsei Bank to integrate LaLaport and Tsudanuma consulting

Shinsei Bank will integrate its LaLaport Financial Center and Tsudanuma Consulting Spot

SunGard launches WealthStation in Asia-Pacific

SunGard has launched its WealthStation wealth management platform in Asia-Pacific to provide the region’s growing financial advisor industry with...