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• September 7, 2010 - ABN AMRO Appoints Market Manager For Hong Kong
  

  ABN Amro Private Banking has named Mark Chan as market manager for its Hong Kong unit, China International. Chan brings a wealth of private banking experience to the company, having served as head of private banking for Greater China at Deutsche Bank, head of private banking for Taiwan at BNP Paribas, and head of private banking for North Asia at Rabobank. Prior to his new job, he was head of priv.

• September 7, 2010 - Barclays Adds Five To Asia Pacific Operations
  

  Barclays has named Helge Weiner-Trapness as head of the financial institutions group for Asia Pacific. He is joined by Steven Sun, who has been appointed Asia Pacific chairman of the financial institutions group. Weiner-Trapness left JP .

• September 7, 2010 - Edmond De Rothschild Marketing Executive Resigns
  

  Bryan Chen, the Asia marketing manager for Edmond de Rothschild Asset Management, has resigned from his Hong Kong-based post, Asian Investor reports. Chen has reportedly informed the company of his departure three months ago, with yesterday his last work day at the firm, the news service said citing unnamed sources. Chen is reportedly looking at two potential off.

• September 7, 2010 - Bank Of China Goes Live With Temenos T24 In Hong Kong
  

  Bank of China International has launched private banking operations in Hong Kong on T24 Model Bank, the  wealth management platform provided by the Swiss financial services firm Temenos. BOCI has adopted T24 to enable its Hong Kong-based investment managers to have a 360-degree view of their private banking clients’ portfolios and to generate enhanced reports and analytics on their investments, a. .

• September 7, 2010 - Julius Baer Says Asia Is Its Second Home
  

  Julius Baer, the Swiss bank, is bent on making Asia its second home market. The bank has said that it is working to expand its presence further in the fast growing region. Among its plans are to upgrade its Hong Kong business into a booking centre before the end of 2010, to open a representative branch in Shanghai, China, and to open a trust company in Singapore by 2011.

• September 7, 2010 - Westpac Appoints New Head For Wealth Solutions Unit
  

  BT Financial Group, the wealth management arm of the Australian financial services firm Westpac, has appointed Craig Lawrenson to head up its Asgard division, reports Investor Daily. Lawrenson will join Asgard on 1 Octover, to replace Asgard’s former head Wayne Wilson, according to the publication. Lawrenson has been with BT for around 14 years, most recently as head of product and strategy for BT Wrap, with resp.

• September 7, 2010 - DBS Announces New Consumer Banking Head
  

  DBS has brought in a former ANZ banker to head its consumer banking unit. Tan Kong Khoon was most recently the head of retail banking and wealth management for ANZ in Hong Kong and northeast Asia. The banker, who actually started his banking career with DBS in 1981, will assume his new post on 1 December.

• September 7, 2010 - BofA Merrill Lynch Appoints New Head Of Asia Pacific Wealth Management From UBS
  

  Bank of America's Merrill Lynch has appointed Michael Benz from UBS as its new Asia Pacific head of wealth management, taking over from Antony Hung, who is stepping down from the role as previously reported. As head of . .

• September 7, 2010 - Credit Suisse Names New Asia Pacific CEO
  

  Credit Suisse has named one of its existing top managers, Osama Abbasi, as chief executive of the Asia Pacific region and a member of the executive board of the Zurich-listed bank, reporting to CEO Brady Dougan, effective from 1 October 2010.  The current regional CEO, Kai Nargolwala, will take on the new role of non-executive chairman of Credit Suisse Asia Pacific on the same date, Credit Suisse said. Abbasi is at present head of the equities department of the investment bank in the region.

• September 6, 2010 - Listed Infrastructure Holds Up In All Markets
  

  Listed infrastructure is a good defensive investment in a world plagued by recession, but can also benefit from growth opportunities and capture upside, Justin Lannen, portfolio manager of the CF Macquarie Global Infrastructure Securities Fund, told WealthBriefing in a recent interview. The fund delivered a 12 month performance to 31 July 2010 of 19. 41 per cent for the retail class share.




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