Indosuez warns about simmering debt crisis

Benign short-term prospects for the global economy should not disguise the problems in store caused by the recent build-up in sovereign borrowing, according to Indosuez Wealth Management’s research head.


CBIRC Green-Lights a Fifth Bank’s Wealth Management Subsidiary

The new rules for WMP subsidiaries were aimed at supporting the real economy and strengthening risk management by separating banks from their wealth management businesses to do away with implicit guarantees that could endanger the financial system


Manulife Financial (MFC) Q4 Earnings: Is a Beat in Store?

The fourth quarter should benefit from Manulife’s expanded distribution network across the region as well as strengthening of strategically important distribution agreements with key partners in Japan and Indonesia.


Banks target asset management

For the country's five largest State-owned commercial banks by assets, registered capital of their wealth management subsidiaries ranges from 8 billion yuan to 16 billion yuan.


Are private wealth managers digitally savvy enough?

According to their survey, more than half the respondents believe the private wealth and private banking sectors are behind retail banking in terms of their adoption of innovative technology.


Private banking: Who stays in Asia, wins in Asia

Such predictions were the reason private banks piled into Hong Kong and Singapore through the 2000s, opening offices where they didn’t have them, shipping bankers out of Europe and the US, and hiring in droves.


Busting the millennial myth

Perspective: New research challenges the widely held view that millennials are genuinely different from previous generations