UBS to Charge Private Clients for Euro Deposits
UBS to Charge Private Clients for Euro Deposits
UBS will start charging private clients for their euro deposits. Clients will now have to pay 0.6%...
Australian Regulator Bans Former Wealth Manager Permanently
Australian Regulator Bans Former Wealth Manager Permanently
The Australian Securities and Investments Commission (ASIC) has permanently banned Andrew Peter Panayiotides previously from Morgan Stanley Wealth...
Asia’s Big Private Banks Increase Assets Under Management
Asia’s Big Private Banks Increase Assets Under Management
According to Asian Private Banker, assets managed by the regions’ top 20 private banks grew by 6.1%...
UBS Aiming for Mid-Tier Asian Millionaires
UBS Aiming for Mid-Tier Asian Millionaires
UBS plans to hire about 100 wealth management client advisors in Hong Kong over the next two years as...
UBP Net Profit Increases 21.6% from 2016
UBP Net Profit Increases 21.6% from 2016
Net profit at the end of June 2017 was CHF 109.5 million, up 21.6% from CHF 89.9 million...
HSBC Holdings Reported $10.2 Billion Profit for 1st Half 2017
HSBC Holdings Reported $10.2 Billion Profit for 1st Half 2017
HSBC Holdings reported $10.2 billion profit for 1st half 2017, up $0.5 billion or 5%...
Tightened Regulation in China Slows Wealth Management Product Issuance
Tightened Regulation in China Slows Wealth Management Product Issuance
The outstanding balance of wealth management products (WMPs) distributed by banks reached reached 30 trillion yuan...
Bank of Singapore Opens Branch in Middle East
Bank of Singapore Opens Branch in Middle East
Bank of Singapore has opened the branch in Dubai International Financial Centre. (DIFC) The branch is led...
EFG International Reports 1st Half 2017 Results
EFG International Reports 1st Half 2017 Results
EFG International reports CHF 138.4 billion Assets under Management at the end of first half 2017. The underlying...
VP Bank to Double Headcount
VP Bank to Double Headcount
CEO of VP Bank in Singapore Bruno Morel plans to increase staff numbers. VP bank has developed a strong franchise...
