Former Goldman's Partner in Boutique Venture
A former Hong Kong-based partner at Goldman Sachs is teaming up with other well-connected dealmakers to start a boutique investment advisory firm linking Chinese investors with foreign deals. – November 29 / Bloomberg
Hong Kong and Singapore in Push for Fee Transparency
Following Singapore, Hong Kong’s Securities and Futures Commission has proposed that fund distributors cannot call themselves independent if they are receiving commission from distributing funds, and they need to state the fee amount at the point of sale. – November 27 / Fund Selector Asia
The Trump Inc ETF
No president in history has ever come into office so swathed in financial entanglements as Donald Trump. – November 23 / Dealbreaker
OCBC's Elaine Lam: Banker Who Makes the Numbers Count
At first glance, you might take Ms Elaine Lam for a lady of leisure, with her perfectly styled hair, classic pearl accessories and chic black dress. But beneath that polished appearance is a banker who has worked her way up the corporate ladder at OCBC Bank. – November 21 / The Straits Times
Credit Suisse Moves Towards Swiss Bank Spin-off
Credit Suisse has moved more than 1 million customers into a new Swiss bank which goes live on Sunday, a step towards what could be Switzerland's biggest stock market listing in more than a decade. – November 21 / Reuters
Is Private Banking on the Decline in Singapore?
Private banks have been exiting Singapore, with eight pulling out in the past two years. Scale is cited as the reason, despite repeated assurances in the article that there are loads of rich people in the region. Fact is, things are looking grim for private banks in Singapore due to a range of different factors. – November 18 / The Middle Ground
How Union Bancaire Privee Plans to Turn Asian Conviction Into Reality
Following Union Bancaire Privee's (UBP) integration of Coutts' international business, Michel Longhini and Michael Blake share a clear vision for how the Swiss-based firm can take advantage of Asia's potential - when many of its peers are floundering. – November 17 / Hubbis
MAS Sets Out Fintech Regulation Priorities
The Monetary Authority of Singapore (MAS) plans to develop an ‘activity based’ regulatory framework for payments and introduce new robo-advice rules as it shifts from being a financial hub to a smart financial centre. – November 17 / Regulation Asia
For UBS Bankers, Christmas Party a Mainstay
Juerg Zeltner has put UBS’ private bank on a strict cost-cutting program. He still plans to maintain an annual Christmas party, but in a more austere fashion. – November 15 / finews.com
Private Banks Finally Ask: Why Are We Here?
Is the prime role of a private bank to provide investment expertise to its clients or to build a close relationship through a much wider range of services? Opinion is divided. – November 12 / Professional Wealth Management
A Brief History of Wells Fargo's Sales Culture
When Wells Fargo decided to stop calling its branches «stores», it marked the symbolic end of an era. Here is a look back at some key milestones in the development and unraveling of the firm's once-vaunted sales culture. – November 6 / American Banker
Private Banks Lacking Scale Exit Singapore
Eight foreign private banks have pulled out in the last two years, at a time of Asia's explosive growth in wealth. – November 5 / The Business Times
How India's Fintech Hub Is Beating Hong Kong And Singapore
In two weeks, in November, two fintech events are taking place in the Asian region: Hong Kong Fintech Week (Nov. 7-11) and Singapore Fintech Festival (Nov. 14-18). Both cities have become well-known as active fintech hubs – but are they really? – November 1 / Forbes
Will RBS Ever Recover?
The Royal Bank of Scotland (RBS), the 20th largest bank in the world, is currently in the incredulous situation where a Brussels bureaucrat is likely to take control of part of the business. This is quite a bizarre situation for RBS to be in. – November 1 / The Market Mogul
Hong Kong Independent Wealth Association Predicts Strong Growth
The Association of Independent Asset Managers of Hong Kong (AIAM) expects its membership to double in the coming year, as private bankers continue to break away from institutions to establish their own operations. – November 1 / Hubbis
Is Robo Advice the Best Advice?
Backers of «robo» investment platforms claim they can help advisors meet the fiduciary standard. Others aren’t so sure. – November 1 / WealthManagement.com
