Wealth Management
Threadneedle appoints wholesale directors for Asia
Threadneedle appoints wholesale directors for Asia
Threadneedle has appointed three senior Sales Directors to cover Wholesale markets in Asia. Gerard Clancy, Richmond Herrera and Kent Ng all join...
DBS Bank introduces new private client platform
DBS Bank unveiled its new regional DBS Treasures Private Client platform. It is specially designed to cater to the fast-growing segment of new wealth...
UBS wealth management school opens Hong Kong campus
The Hong Kong Campus of the UBS Business University opened in response to increasing demand for financial talent in the region.
Woori to strengthen non-banking business
Woori Finance Holdings Co. seeks to acquire or merge with non-banking financial companies to diversify its bank-focused business.
Barclays appoints 12 new directors in Singapore, Hong Kong
Barclays Wealth made 12 director-level senior appointments for the private banking business in Singapore and Hong Kong.
Asset Management groups to expand operations in India
Companies such as Goldman Sachs, BNP Paribas, Canara Robeco, Aditya Birla Financial Services, and Helix Investment Advisors are expanding their bases...
Goldman's India head to chair Southeast Asia operations
Brooks Entwistle will move to Singapore as Goldman Sachs Southeast Asia chairman and head of investment banking.
Sacombank starts asset management service
Sacombank inaugurated its asset management service centre, Sacombank Imperial. Its operation will be based on the 11th floor, Sacombank Building, No...
Mizuho bolsters asset management business with Eurekahedge acquisition
Mizuho Financial Group will buy the hedge fund research firm Eurekahedge for about $25 million. This is the latest move by the bank to bolster its...
De Ferrari is new Credit Suisse head for 3 SE Asia markets
Credit Suisse appointed Francesco de Ferrari as market area head to oversee private banking in Singapore, Malaysia and Indonesia.
Merrill taps Chan for Asia wealth arm
Merrill Lynch has hired Alison Chan as Asia-Pacific managing director and client solutions executive, according to an internal memo seen by Reuters.
DBS appoints 2 private bankers for Indonesia team
DBS Private Bank today announced the appointment of two senior private bankers to its Indonesia team based in Singapore. Stanley Puah Soon Kwang and...
Manulife to double Asian wealth management business
Manulife Financial aims to double its Asian wealth management business in five years driven by strong demand for fixed income and equity funds.
CIMB new bond fund capitalises on regional credit conditions
The CIMB-Principal's Strategic Income Bond Fund will allow investors to capitalise on improving credit conditions in certain regions. These include...
ICBC to build team of international marketing experts
ICBC invited several international marketing experts to set up professional team in market analysis and product innovation. It will focus on the...
Wealth management gives Impetus to ICBC's transformation
ICBC's balance of assets under management reached RMB 609.4 billion at the end of November 2010. Thus ICBC tops the domestic league table and remains...
Société Générale to ramp up Japanese private banking arm
Société Générale Private Banking (Japan) plans to hire more than 10 people by the end of this year.