“There is a lot wealth that the bank can manage, and the Philippines growth trajectory continues to move upwards,” he said.
This new partnership, which also includes the annual Asia-Pacific Wealth Report, combines the strengths of both firms to examine the key drivers of wealth creation and the global trends impacting high net worth individuals (HNWIs).
Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has released a report on the UHNW population in Indonesia at an event in Jakarta.
Over the past month, Singapore played host to the Singapore Yacht Show and Boat Asia; both focused on showcasing million-dollar boats luring wealthy buyers to Southeast Asia’s increasingly crowded marinas.
Credit Suisse eked out a small first-quarter profit on Wednesday, confounding analyst forecasts for a big loss due to a 1.5 billion Swiss franc charge on its own debt, as it cut more costs than expected.
Villiger, whose tasks include developing recommendations for the CEO’s pay with the compensation committee, said the bank won’t assess Ermotti’s performance by profit alone, but will also include targets for boosting capital ratios and c