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Swiss wealth and asset manager Vontobel delivers strong first-half results as the wealth management unit performs strongly. However, institutional investors «continue to defer investments which was reflected in negative outflows. The firm plans to hire over…
UBS and Sumitomo Mitsui Trust further their two-year alliance with the latest launch of a wealth management joint venture in Japan. UBS and Sumitomo Mitsui Trust Holdings (SMTH) has launched operations under joint venture UBS SuMi TRUST Wealth Management,…
BNP Paribas Wealth Management loses three senior Greater China private bankers, sources said, after shortlived stints of under 12 months. Andrew Wong, Peter Lam and Richard Chi will exit the French lender’s private wealth management arm. A spokesperson for…
Investors buy a high percentage of high-end residence purchases in Vietnam, while occupiers take most of the low-end ones. A recent report by real estate market research firm Savills Vietnam, Vietnam Residential Spotlight, says over 70 percent of grade A…
Maybank Asset Management Group (MAMG) expects its assets under management (AUM) to increase between US$30 million (RM126 million) to US$50 million (RM209 million) in the next two years, following its collaboration with Schroder Investment Management…
Singapore-headquartered and listed lender DBS Bank Ltd (DBS) announced on Monday that it has completed the acquisition of Australia & New Zealand Banking Group Ltd (ANZ)’s wealth management and retail banking businesses in Singapore, Hong Kong, Mainland…
