hsbc sells thai wm arm to krungsri
HSBC has entered an agreement to dispose of its Thailand-based retail banking and wealth management arm, and expects the deal to be completed in the first half of 2012.
Wealth Management
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barclays wealth plans china desk in singapore
Barclays Wealth will expand its Hong Kong-based banking team and set up a Greater China desk in Singapore.
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ubs wm hires three in mexico
UBS has bolstered its wealth management division in Mexico, with the appointments of Jaime Lopez Hidalgo Preciado, Gabriel Gomez Zaragoza and Enrique Ignacio Morales Abiega.
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worlds rich wrestle with fortune bequests
The management of personal wealth has come a long way since 1852, when Charles Dickens used a bitter and drawn out family battle over an inheritance as the basis for the plot of his then-latest novel, Bleak House.
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rbc wm appoints us based directors
RBC Wealth Management has appointed two US-based directors, to cover the north-east and west coast regions of the country.
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‘Surge in demand for life products among HNWIs in emerging markets
Demand for HNW offshore insurance-linked investment products in emerging markets is under-served.
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Report: number of worlds HNWIs grew by 17% in 2009, led by Asia Pacific, North America
The ranks of the worlds dollar millionaires grew by more than 17% last year to 10m, a report shows.
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Odey in Swiss joint venture as it expands further into wealth management
London-based Odey Asset Management has formed a joint venture with a Geneva-based wealth manager.