Wealth management
UBS names Alexander Kobler Asia head of investment products
Alexander Kobler is relocating to Hong Kong to head UBS investment products and services (IPS), a division combining all wealth management product and sales functions that was set up in January 2010
BNPP's Franc moves to Wealth Management
BNP Paribas Wealth Management has bolstered its offering with the addition of Rémy Franc, previously head of equity derivatives sales and structuring for the corporate investment bank
BoA hires Michael Benz to head Merrill Lynch Asia Wealth Management
The wealth of Asia Pacific high net worth individuals (HNWI) stood at $9.7 trillion at the end of 2009, up 30.9% from a year earlier and above the $9.5 trillion held by Europe’s HNWIs, according to the Merrill Lynch CapGemini 2010 World Wealth Report
Credit Suisse names James Hong to head Hong Kong private banking
Hong will provide client coverage and facilitate cross-divisional collaboration within the bank as the most senior representative in Hong Kong for Credit Suisse’s private banking business
HSBC global asset management appoints Asia head for sovereigns
Sovereign and Quasi-sovereign entities, which make up the majority of institutional assets in Asia-Pacific, are strategically critical to growing HSBC's regional institutional business, said Rudolf Apenbrink, chief executive officer of HSBC Global Asset…
Citi names Asia-Pacifc head for wealth management investment products
Paul Hodes will relocated from Malaysia to Singapore to look after traditional managed investments in Asia for Citi's wealth management unit.
RBC Wealth Management creates new private client division in the UK
Philip Harris is to head the newly created Private Client Wealth Management team as RBC continues to build on its platform in the UK
Investec launches boutique subsidiary to target wealth managers
Investec unveils its first boutique products aimed at the wealth and discretionary management market
JP Morgan hires StanChart's Flavel in Asian high-net-worth push
Peter Flavel is expected to join JP Morgan Private Wealth Management Asia in the fourth quarter as part of US bank's expansion in the region
HSBC survey: Hong Kong individuals most affluent in Asia
Hong Kong affluent individuals hold average liquid assets of $301,289, almost double Singapore’s at $183,145 and Taiwan’s at $155,162.
Lee reappears at Deutsche Bank as head of GMIP and db-X, Asia
Chris Lee has taken over global market investment products and the db-x division in Asia for Deutsche Bank. Formerly head of the structured products group at UBS, Lee started at Deutsche in the last week of June.
Asia's rich overtake Europe, says wealth report
Hong Kong's population of wealthy individuals more than doubled last year - the strongest crisis rebound in the world.
Deutsche Bank adds five to wealth unit in Hong Kong
German bank moves to increase its private banking coverage for North Asia
JP Morgan names Cohen as Asia head of ultra-HWI private banking
US bank seeks to put in place senior management to take on the lucrative Asian wealth market.
Citi adds three Bank of America private bankers in New York
Citi Private Bank has added three private bankers in its New York office. All have moved from US Trust, Bank of America Private Wealth Management, with two joining as managing directors and one as a senior vice-president
Corporate statement: Retirement strategies
Recently, reduced household incomes from the decline in home and equity prices, as well as rising unemployment, have forced Americans to reconsider how they spend and invest their personal finances. For those in retirement, wealth preservation and…
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