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Julius Baer’s Thai joint venture targets 1trn slice of wealth management business
WEDNESDAY, AUGUST 26, 2020
A joint venture between Siam Commercial Bank (SCB) and Swiss firm Julius Baer Securities is targeting a large slice of the wealth management business for high net worth individuals.
Eased rules help Citibank’s wealth unit
FRIDAY, SEPTEMBER 15, 2017
CITIBANK Thailand’s wealth management business has enjoyed strong growth, aided by eased restrictions on portfolio investment abroad and Thai investors’ increasing knowledge of global asset choices, senior executives say.
Asia's banks see rich pickings in private wealth assets
WEDNESDAY, APRIL 20, 2016
SINGAPORE - In a megabucks deal two weeks ago, OCBC Bank snagged the wealth and investment management business that Britain's Barclays Bank has in Singapore and Hong Kong, for a cool US$320 million.
UOB Thai focuses on ‘wealth banking’
THURSDAY, FEBRUARY 25, 2016
UNITED OVERSEAS Bank (Thai) plans to increase its assets under management by 10-15 per cent per annum by wooing “wealth-banking” customers, defined as those with AUM of Bt1 million to Bt3 million.
KKP first to offer Lombard loans
TUESDAY, NOVEMBER 10, 2015
KIATNAKIN Bank (KKP) has become the first in Thailand to offer Lombard multipurpose loans to strengthen the group's wealth-management business and prepare for serving the middle-income market in the future.