Wealth News

New family businesses want pros on the job: Barclays Wealth

Small-town millionaires grab attention of big brands ‘Boutique’ investment banks eye Asia  HSBC plans to hire tens of thousands every year New CEO for HSBC  Bank Of America Merrill Lays Off Australian Bankers Grosvenor Fund Management appoints managing director  OCBC’s CEO to step down after a decade UK, HK partners to develop offshore yuan market Singapore ‘may become largest offshore financial centre by 2015’ SGX Q2 reports lowest profit in nearly two years European hedge funds line up bets on China downturn JV Islamic asset manager establishes three Islamic funds to attract global investors  Bank says global sukuk issuance to grow to US$44bil this year A.M. Best Releases Updated Criteria Report on Rating Takaful Insurance Companies China to ease controls on HK listings – regulator Bankers face axe as jobs go overseas  SCB opens new Islamic Banking branch in Karachi Year of fear for financial services job seekers  Morgan Stanley MF launches Multi Asset Fund China speeds up QFII amid slowing economy