Monday, 18 November 2024

FINANCE Sunday, 30 October 2016 07:04

So You Want to Be a Private Banker?

The days of making a quick easy buck as a private banker in booming Asia may be coming to an end. But you can still get rich tending to the money of the wealthiest, experts say. finews.asia reveals how.

FINANCE Friday, 28 October 2016 21:59

Is Tom Naratil the Better Private Banker?

UBS’ American wealth management arm, which has long lagged the wider flagship private bank, was a standout performer in the third quarter. Nevertheless, unit head Tom Naratil will still have his hands full.

FINANCE Friday, 28 October 2016 17:54

OCBC Breaks New Ground

Singapore’s OCBC has become the first bank in Asia to enable secure payments using Apple’s Siri and iMessage.

FINANCE Friday, 28 October 2016 17:49

UBS Private Bank's Stealth Decline

UBS has posted its seventh consecutive quarter of falling income from private banking. The antidote until now has been cost-cutting. Is it enough?

FINANCE Friday, 28 October 2016 17:22

DBS Confirms Senior Move

Singapore’s DBS Bank has appointed a Head of International Private Bank. His coverage will include Global South Asia and Non Resident Indian teams, the Europe, Middle East and Africa geographies.

FINANCE Friday, 28 October 2016 16:42

Hong Kong Breach Adds to UBS Legal Woes

UBS has bolstered its reserves for dealing with past scandals. The Swiss bank is bracing for a billion-dollar U.S. settlement over misspelling mortgage bonds, and has now run afoul with officials in Hong Kong over initial public offerings.

FINANCE Friday, 28 October 2016 16:14

ABN Amro Suitors Rebuffed

It would appear that the race to acquire the Asian private banking business units of ABN Amro has become a closed shop.

FINANCE Friday, 28 October 2016 13:32

UBS Profit Falls, Retail Bank Shines

UBS' quarterly profit fell on the year, as a big tax benefit in the previous year period fell away. Behind the 827 million Swiss franc profit: cost cuts and stagnant or falling revenue in its main businesses.

FINANCE Friday, 28 October 2016 12:32

Abu Dhabi Fund Heads to Hong Kong

One of the worlds richest sovereign wealth funds has opened an office in Hong Kong to pursue more opportunities in China.

FINANCE Friday, 28 October 2016 11:25

ANZ to Sell Shanghai Bank Stake

As part of CEO Shayne Elliott's recalibration of his banks Asian pivot, ANZ is about to offload its 20 percent holdings in the Shanghai Rural Commercial Bank.

FINANCE Friday, 28 October 2016 09:46

Robo-Advisor Adds to Board

Sydney based Robo-advice provider Ignition Wealth has named a leading Australian expert on compliance and regulatory issues as a new member of the company’s advisory board.

FINANCE Friday, 28 October 2016 07:02

Nikki Davies: «Virtual Recruiting is a No-brainer for Credit Suisse»

The brightest and the best employees are not only those who have the academic smarts and the critical thinking skills required to be successful, they are also demonstrated leaders, Nikki Davies, Human Resources Director at Credit Suisse, says to finews.asia.

ADVERTORIAL Thursday, 27 October 2016 16:53

Highly Coveted Awards For LGT

They are among the most prestigious in the financial sector: the Financial Times Group’s Private Banking Awards. And this year, two of them went to LGT.

FINANCE Thursday, 27 October 2016 15:25

DBS Private Bank Moving Up

According to a recent report, Singapore’s largest bank DBS is now the fifth largest private bank in Asia-Pacific by assets under management.

FINANCE Thursday, 27 October 2016 15:13

Deutsche Bank: Not as Bruised as Feared

Just weeks ago, investors were discussing Germany's potential bailout plans for Deutsche Bank. Now, the Frankfurt-based lender has surprised investors and clients with a profitable quarter.

PEOPLE Thursday, 27 October 2016 14:30

HSBC Hires from Credit Suisse

For the second time in a week HSBC Private Bank has announced a senior move in its Asian business unit naming a new Regional Head of Global Solutions Group.

FINANCE Thursday, 27 October 2016 09:22

Aussie Banks: Fees For No Service

The Australian Securities and Investments Commission has released an update on their work to address financial institutions' and advisers' systemic failures.

FINANCE Thursday, 27 October 2016 08:15

Asia's First Shariah Compliant Robo-Advisor

With a minimum investment of $200 per month, the new robo-advisor will selected funds from the Islamic Master Select Portfolio, a strategy with five risk-weighted baskets.

FINANCE Thursday, 27 October 2016 07:57

Robust Growth for Bank of Singapore

The Oversea-Chinese Banking Corporation's Private Banking unit, Bank of Singapore, grew assets under management and revenue, according to the groups third quarter financial report released today. 

FINANCE Thursday, 27 October 2016 07:14

Where Will Ravi Raju Fit in UBS' Org Chart?

UBS has been mum about where its most recent prominent hire – previously Deutsche Bank’s private banking head in Asia – will fit in the Swiss bank. finews.ch reveals details of his new role.

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