CEO Vincent Duhamel Departs from Lombard Odier, Joins Fiera Capital as Global President

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CEO Vincent Duhamel Departs from Lombard Odier, Joins Fiera Capital as Global President Lombard Odier CEO Asia, Vincent Duhamel had left to join Fiera Capital...

Pictet Reports CHF 1.17 Billion Profit in 1st Half 2017

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Pictet Reports CHF 1.17 Billion Profit in 1st Half 2017 Pictet reported CHF 1.17 billion profit in 1st half 2017, increasing from CHF 1.03 billion...

Citi Private Bank to Appoint Steven Lo as Head of Private Bank in Asia

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Citi Private Bank to Appoint Steven Lo as Head of Private Bank in Asia Citi Private Bank will be appointing Steven Lo as the Head...

ANZ Removes Sales Incentives of Financial Planning Bonuses

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ANZ Removes Sales Incentives of Financial Planning Bonuses ANZ has announced industry-leading initiatives to improve the quality of financial planning and customer remediation when things...

Lenovo Founder Buys 89.936% of Banque Internationale à Luxembourg (BIL)

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Lenovo Founder Buys 89.936% of Banque Internationale à Luxembourg (BIL) Legends Holdings Corp, has acquired Precision Capital’s 89.936% stake in Banque Internationale à Luxembourg (BIL),...

MAS Issues Prohibition Orders Against Individuals for 1MDB-Related Breaches

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MAS Issues Prohibition Orders Against Individuals for 1MDB-Related Breaches The Monetary Authority of Singapore (MAS) has issued a 6 years Prohibition Orders (POs) against Mr...

Cazenove Capital is Renamed to Schroders Wealth Management in Asia

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Cazenove Capital is Renamed to Schroders Wealth Management in Asia Schroders has renamed its Wealth Management business in Asia, from Cazenove Capital to Schroders Wealth...

UBS Reports Millennials Could Hold US$24 Trillion of Wealth by 2020

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UBS Reports Millennials Could Hold US$24 Trillion of Wealth by 2020 According to a report by UBS, millennials could hold as much as US$24 trillion...

Asia Pacific Experienced Fastest Increase in Overall Wealth in 2016

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Asia Pacific Experienced Fastest Increase in Overall Wealth in 2016 According to a study by Boston Consulting Group, Asia Pacific experienced the fastest increase in...

Three Singapore Based Hedge Funds Give Up Old Fee Model

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Three Singapore Based Hedge Funds Give Up Old Fee Model Three Singapore based hedge funds are moving away from from the old fee model known...