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Credit Suisse beefs up India wealth management team

Finance

06 October, 2020

Credit Suisse beefs up India wealth management team

Swiss banking giant Credit Suisse has hired nine senior executives, mostly from BNP Paribas, to expand its wealth management team ......

Asia wealth managers pull out all stops to get clients on Ant IPO

Finance

03 September, 2020

Asia wealth managers pull out all stops to get clients on Ant IPO

Wealth managers in Asia are preparing to lend more to their clients and help them raise cash by selling investments ......

PAG to buy 51% stake in Edelweiss Wealth Management for $300 mn

Finance

27 August, 2020

PAG to buy 51% stake in Edelweiss Wealth Management for $300 mn

Hong Kong private equity firm PAG has struck its second India-related transaction as it inked an agreement to pick up ......

Billionaires look to exit equities after turning quick profit, says UBS

Finance

16 July, 2020

Billionaires look to exit equities after turning quick profit, says UBS

Billionaires looked after by Swiss bank UBS are looking to move their cash out of equities after profiting from an ......

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o3 Capital looks to bolster wealth management biz with digital offerings

Finance

30 June, 2020

o3 Capital looks to bolster wealth management biz with digital offerings

Mid-market investment bank o3 Capital Global Advisory Pvt. Ltd has launched digital-first services for affluent individuals and families as part ......

Avendus hires IIFL, BCCL execs to ramp up wealth management business

Finance

16 June, 2020

Avendus hires IIFL, BCCL execs to ramp up wealth management business

Financial services firm Avendus Capital Pvt. Ltd has appointed two executive directors at its wealth management arm, as it overhauled ......

Standard Chartered hires new head of wealth management business

Finance

02 June, 2020

Standard Chartered hires new head of wealth management business

Standard Chartered has appointed Marc van de Walle, a senior executive from Asia-focused Bank of Singapore, as the global head ......

Coronavirus crisis a window of opportunity for bankers to the rich

Finance

14 May, 2020

Coronavirus crisis a window of opportunity for bankers to the rich

When markets slumped in March as the spread of coronavirus gathered pace, wealth managers' trading volumes soared as ultra-rich clients ......

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KKR-backed Avendus revamps wealth management biz as another exec quits

Finance

02 March, 2020

KKR-backed Avendus revamps wealth management biz as another exec quits

Avendus Capital Pvt. Ltd is overhauling its wealth management arm a decade after starting the business, as the Mumbai-based financial ......

UBS overhauls wealth business, cuts jobs to revive profits

Finance

08 January, 2020

UBS overhauls wealth business, cuts jobs to revive profits

UBS is overhauling its flagship wealth management business, including shrinking its senior staff, in the first big strategic move under ......