OUTLOOK 2019

PRIVATE banks enjoyed robust net inflows in 2018, but risk appetite has turned cautious in the wake of the market downdraft and worries over the fallout from US-China trade tensions.

BOOSTED by a stronger Singapore dollar and costlier luxury goods and services overall, the Republic is now Asia's second most expensive city for luxury living, up from third place last year...

BT EXCLUSIVE

JULIUS Baer, ranked the fifth-largest private bank in Asia, expects consolidation in the private-banking market in the next three years, as competing players buckle under the strain of costs and...

EXTERNAL asset manager (EAM) Crossbridge Capital aims to more than double its assets under management from the current US$4.5 billion to around US$10 billion over the next five years.

[ZURICH] Nomura Holdings agreed to buy 40 per cent of Julius Baer Group's unit that targets wealthy individuals in Japan as part of a strategic partnership....