wealth management

Foreign banks jostle for a better position in China

Removal of restrictions sees leading foreign securities and asset managers re-evaluate China's financial market in search of profit. Tactics will determine if years of misfortune and lacklustre results will be reversed.
May 21, 2018

Indosuez and CIC join WM consolidation trend

Credit Agricole's private bank in talks to buy CIC's Hong Kong and Singapore wealth business, but industry observers say merged operation may itself become a takeover target.
June 18, 2017

LGT buys ABN Amro Asia PB in hunt for scale

The deal will create an entity with $45 billion under management in Asia, but there are obstacles to integrating the businesses, note industry observers.
December 06, 2016