Tag: Wealth management
StanChart WM business turns sluggish
Asia Pacific | Industry
09 May 2022 by Summer Wang
The bank’s wealth management (WM) income fell 17% to US$530m in Q1 22 year-on-year (YoY) as a ‘challenging environment’ offsets record financial markets income.
People: Goldman bolsters Emea PWM
International | People
05 May 2022 by SRP News
The US investment bank appoints co-heads of platform and client strategy for its private wealth business in Emea.
HSBC profit dips, top shareholder calls for break-up
International | Industry
03 May 2022 by Summer Wang
The wealth business has tumbled at the UK bank in the first quarter of 2022, leading to a 25% decline of net profit compared with a year ago.
SRP China Awards: Shenwan Hongyuan capitalises on market transition
Asia Pacific | Industry
22 Apr 2022 by Summer Wang
The securities house has won the Rising Star accolade at the SRP China Award 2021 on the back of a tier-1 OTC option licence received in 2021, which boosted its structured product business.
UBP lands ex-JB veteran amid Asia push
International | People
11 Apr 2022 by Summer Wang
The Swiss banker parted ways with the private bank earlier this year after serving nearly 20 years at Julius Baer where his last role was Apac head of structured products advisory & solutions.
Structured notes boost StanChart WM income
International | Industry
21 Mar 2022 by Summer Wang
The bank’s wealth management income has increased 12% to ‘a record US$2.2 billion’ in 2021 year-on-year (YoY) driven by strong sales of funds, structured notes and wealth lending.
China’s CIB WM jumps on ‘snowball’ bandwagon
Asia Pacific | Products
01 Mar 2022 by Summer Wang
The wealth management (WM) arm of Industrial Bank in China has closed its first structured product featuring a snowball payoff, which continues to gain traction in the country.
Vontobel trading income up by 60%, more than CHF11 billion outstanding in structured products
International | Industry
17 Feb 2022 by SRP News
The Swiss investment company has delivered a record result for 2021, and reported a 58% increase in trading income on its balance sheet from new issuance, hedging, and market making.
Arrivals & departures: top moves in 2021 – UBS
Asia Pacific | People
20 Jan 2022 by SRP News
As we enter 2022, SRP takes a look at some of the most noteworthy people moves within the top players in the market in 2021.
