High Net Worth

Latest News for High Net Worth

• June 22, 2010 - Hong Kong's Rich Set Their Sights On Financial Planning
  

  High net worth investors in Hong Kong will have financial planning at the top of their list when they set their priorities for the next two years, latest research by Datamonitor reveals. "High demands for financial planning could be attributed to the large proportion of 31 to 50 year old HNWs in Hong Kong who have long-term investment objectives," said Harry Senlitonga, the firm's senior analyst, in a statement.

• June 1, 2010 - Indonesia's Richest See 22 Per Cent Jump In Total Net Worth - Globe Asia
  

  Indonesia's 150 wealthiest showed tremendous growth in 2009, with the combined net worths rising 22 per cent to $61. 5 billion, the latest Globe Asia 150 Richest Indonesians report reveals.

• April 15, 2010 - Edelweiss Plans To Hire 500 Managers
  

  Edelweiss Capital, the Indian-based financial services firm, plans to hire 400 to 500 relationship managers within five years to boost its wealth management business, reports Moneycontrol citing Reuters. According to the publication, Edelweiss expects wealth management and retail broking to contribute to 30 to 40 per cent of the group's overall business in four to five years, from 18 to 20 per cent after the completion of its purchase of .

• August 9, 2009 - Hong Kong Court Freezes Chinese Billionaire's Assets After Securities Fraud
  

  The Hong Kong High Court has ordered an interim injunction to freeze up to $1,655,167,000 of the assets of Chinese billionaire and GOME Electrical Appliances ex-chairman Wong Kwong Yu for alleged securities fraud. In a statement on the Hong Kong Securities and Futures Commission web site on 7 August, Mr Wong and his wife Du Juan allegedly organised a share repurchase by GOME in 2008 to use company funds to repay a personal loan worth $2.

• November 5, 2008 - Citibank In Malaysia Looks For Strong Wealth Management Growth
  

  Citibank is confident of achieving strong growth in Malaysia with the launch of its Citigold Global Banking service for local clients with cross-border needs, according to Timothy Johnson, the US bank's head of retail segment and marketing. "The service is expected to see a double-digit growth in customer base in the next 12 months and we expect to beat the industry's expected growth rate of seven per cent this year," he told a press briefing.

Click here for more High Net Worth news >>

---

Latest Features for High Net Worth

There are currently no articles to view.

Click here for more High Net Worth features >>