NAB Selling Trust Business

NAB Selling Trust Business NAB announced today that it has entered into an agreement with IOOF to sell its National Australia Trustees (NATL) business. Completion...

Royal Bank of Canada Reviews Asia Wealth Business

Royal Bank of Canada Reviews Asia Wealth Business Royal Bank of Canada is reportedly putting its Asian wealth management business under review which could lead...

Standard Chartered to Raise Minimum Level of Wealth

Standard Chartered to Raise Minimum Level of Wealth Standard Chartered plans to more than double the minimum level of wealth required for private banking clients...

OCBC to Establish Private Banking Unit in Indonesia

OCBC to Establish Private Banking Unit in Indonesia OCBC’s Indonesia unit is setting up a private banking business. PT Bank OCBC NISP is now awaiting...

Zurich Life & Standard Chartered Sign UAE Distribution Agreement

Zurich Life & Standard Chartered Sign UAE Distribution Agreement Zurich Life & Standard Chartered have entered into an exclusive distribution agreement in UAE. Under the...

Commonwealth Bank of Australia Announces Sale of its Life Insurance Business to AIA for...

Commonwealth Bank of Australia Announces Sale of its Life Insurance Business to AIA for $3.8 Billion Commonwealth Bank of Australia (CBA) announced the sale of...

Lombard Odier and Philippines Union Bank Co-Develops Two Onshore Funds

Lombard Odier and Philippines Union Bank Co-Develops Two Onshore Funds Lombard Odier and Union Bank have co-developed two onshore funds for private banking clients in...

OCBC to Buy NAB’s Private Wealth Business in Singapore and Hong Kong

OCBC to Buy NAB’s Private Wealth Business in Singapore and Hong Kong OCBC has stated that it will buy National Australia Bank’s (NAB) private wealth...

Indosuez Wealth Management in Talks to Acquire CIC in Singapore & Hong Kong

Indosuez Wealth Management in Talks to Acquire CIC in Singapore & Hong Kong Indosuez Wealth Management has started exclusive discussions to acquire the private banking...

Aberdeen and Standard Life Plans to Cut 800 Jobs

Aberdeen and Standard Life Plans to Cut 800 Jobs The merger between Aberdeen Asset Management and Standard Life will see 800 jobs cut from the...