All articles by Valentina Romeo
Valentina Romeo
Bank of Singapore CEO to retire
Bank of Singapore’s (BOS) chief executive, Renato de Guzman, will retire on 31 January 2015. He will be succeeded by banking veteran, Bahren Shaari, currently senior managing director and global marketing head of South East Asia for BOS. Shaari will officially replace de Guzman as the bank’s CEO on 1 February 2015.
KBL to buy UBS Belgium as part of a potential acquisition spree
KBL European Private Bankers (KBL epb) has agreed to acquire UBS operations in Belgium through its affiliate Puilaetco Dewaay, the Luxembourg-headquartered bank has announced.
Japan at a pivotal juncture of wealth creation: Julius Baer
According to a new study by Julius Baer, Japan is now at a ‘pivotal juncture’ between domestic and external influences that will provide a fertile ground for wealth creation.
UK techtrepreneurs on the rise: WealthInsight
The number of UK millionaires making their wealth in the technology sector increased by 13.8% between 2009 and 2013 and will continue to rise, PBI’s sister company WealthInsight has reported.
Entrepreneurs getting younger, richer and more ambitious: report
The current wave of successful entrepreneurs consider starting their wealth creation at a younger age in comparison to the older generation of self-made wealthy, a new report has revealed.
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Africas wealthy to increase financial donations within the country – UBS report
African HNWIs are planning to increase their financial donations over the next year with the majority of them preferring to make a contribution within the continent, a new study from UBS and TrustAfrica has revealed.
LATAM rich wealthier than any other regions’ HNWIs – report
Latin America is one of the regions with the highest expected growth rates of wealthy individuals as its HNWIs are, on average, wealthier than those in other parts of the world.
Indonesia: A new beginning
While Indonesia is churning out millionaires by the dozens, the country’s private banking sector is facing its own share of challenges – to establish new strategies and cater to the demands of wealthy clients, with their newly minted riches. However, with steady growth projections, opportunities for wealth managers are abundant. Valentina Romeo reports
FirstRand secures Guernsey banking licence
South Africa’s largest bank by market capitalisation, FirstRand, confirmed it is to open a new branch in Guernsey through its FNB bank subsidiary.
deVere opens new office in Australia as clients demand rises
Financial advisory firm deVere plans to launch its first office in Australia after months of media speculations, the firm has announced.