The Challenges of Multi-Generational Wealth Management in Asia

The initial public offering also provided a window into the burgeoning wealth in the region and the dynamics — and concerns — that many wealthy Asian families face as they contemplate succession plans and the challenges of passing their wealth


Cultivating Wealth Management in Asia

As the Western economies continue to struggle to pull themselves out of the storm of post-crisis blues and the cyclone – the European sovereign debt situation – howling through the European Union, the weather in South East Asia looks rather ro


Rich Indians among top philanthropists

Indian philanthropy suffers from some redundancy, the study found, with most philanthropists preferring to set up programmes through their own foundations, rather than investing in pre-existing non-governmental organizations, or programmes already in pla


UBS trader Satur to start A$500 mln hedge fund-sources

Satur, who earlier headed the securities arm of UBS in Australia and the equity trading divisions in the United States, is setting up the macro hedge fund and seeking to raise up to A$ 500 million ($535 million), the sources said.


HSBC Pays More For Asia / Latin American Staff

HSBC has revealed that it is coming under increasing pressure on the reward front as it undertakes more of its business in fast-growing economies like Brazil, China and India.


Forbes ranks Singapore as 3rd richest nation

Using the most recent International Monetary Fund data available, Forbes said Singapore “thrives as a technology, manufacturing and finance hub with a GDP (PPP) per capita of nearly US$56,700 (SG$71,200).”


HSBC Profit Surges 28%

The year-over-year improvement was primarily led by strong performance by the Commercial Banking and Retail Banking and Wealth Management segments


Crescent Wealth partners with US fund manager

Australian Islamic fund manager Crescent Wealth has partnered with US Islamic fund manager Saturna Capital to manage its soon to be launched international equity fund.


HSBC To Overhaul UK Bonuses

HSBC, which will report its full-year results for 2011 next Monday, is to issue tens of millions of pounds in new shares to cover any bonuses of more than £50,000 awarded to UK-based employees, people close to the bank tell me.


Chastened UBS uses 150th events to polish image

The bank has been back in the headlines for the wrong reasons this month after it posted poor results for the last three months of 2011 and over its involvement in a global inquiry into a conspiracy to manipulate interbank lending rates.