JB Hires and so does Capital Group, Mobius snags some old colleagues, Lombard Odier cracks Thailand, Pimco Income, DBS Savings, OCBC fish, Gold and much more…
Tag: DBS
DBS to bolster Asia PB headcount
Singapore’s DBS Group added 20% to its headcount in 2017 and plans to add more to its private banking business to address opportunities as Asia’s private wealth increases.
DBS: Fund selectors seek qualitative talks
Banks are now looking more at the qualitative aspects of fund products and not just performance, according to industry sources.
DBS completes ANZ Asia buyout
DBS has completed the acquisition of ANZ’s retail and wealth business in Hong Kong, the bank announced.
DBS poaches from BoS for CIO wealth role
DBS has named Hou Wey Fook as its new chief investment officer for consumer banking and wealth management, according to a statement from the firm.
Research notes of the week – 17 July 2017
FSA presents a selection of research commentary released this week.
The FSA Spy market buzz – 14 July 2017
DBS hires; BNY Mellon IM adds; UBS and Maria; new funds on FSM One; searching for assets; top 400 managers; ETF hype and reality, and much more…
DBS HK blames `perfect storm’ for profit drop
DBS Hong Kong experienced a 35% decline in profit to HK$4bn ($520m) in 2016, in large part as a result of renminbi depreciation and China’s looser monetary policy.
Asia’s wealth business `rationalisation’ to continue
The BOS purchase of Barclays’ assets has completed, but it is only one of several wealth management acquisitions in Asia as the trend toward scale continues, according to Mark Wightman, EY’s Singapore-based partner for wealth and management advisory.
The FSA Spy market buzz – 14 October 2016
Hang Seng’s bestsellers; CIMB concentrates; Phillip’s new ETF; Competition in HK; Capital Group’s observation; DBS on the fence; Nanny UOB and much more.
