Banking & Private Wealth Management Blog

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

JUST like …

Profits Rise At Credit Suisse In Q3; Wealth Businesses All Move Forward, Log Inflows

Leading industry publication reported that Credit Suisse announced that group profit was SFR222 million in the third quarter, …

Top boss says 100,000 job loss warning isn't exaggerated

The scale of Brexit’s risk to London’s derivatives business and the 100,000 jobs tied to it is no exaggeration, says London …

Asia: 1MDB puts Singapore private banking on notice

The Monetary Authority of Singapore has come out fighting after its private banking industry was immersed in the 1MDB scandal. …

OCBC cites compliance burden as reason to expand private bank

Oversea-Chinese Banking Corp's chief executive officer Samuel Tsien said surging compliance costs are one factor spurring …

Ex-Asia Head For Deutsche Bank Buys Into India-Owned Finance Firm

Former Deutsche Bank Asia head Gunit Chadha is set to buy a minority stake in IndoStar Capital Finance, a finance company …

Winners Of The WealthBriefing GCC Region Awards 2016

The WealthBriefing GCC Region Awards were announced recently

Outstanding representatives of the wealth management sector in …

HSBC Private Bank has appointed Johnny Liu as managing director, regional head of global solutions group, Asia Pacific.

In this role, Liu and his team will work closely with other HSBC global businesses, including global banking and markets and …

ASIC Bans Financial Advisor Who Used Clients' Cash To Repay "Wolf Of Wall Street"

The Australian Securities and Investments Commission has permanently banned a former financial advisor from providing financial …

PwC Opens Abu Dhabi Office

PricewaterhouseCoopers has opened a new office in Abu Dhabi as it looks to enhance relations with Middle Eastern clients.

Located …

Nick Kalikajaros 2017