Jennifer Steans runs a family office based in South Chicago and is looking to tap into Asia’s economic growth via her billionaire connections. FinanceAsia offers a rare glimpse into how the super-rich broker deals.
The strategy and planning discipline that a business implements to drive growth and success should also be applied to a family corporation's succession planning to ensure sustainability and wealth.
Wealthy Asians are expected to retain and manage more money locally over time, and a growing number of global and local firms are eyeing the opportunities.
The deal will create an entity with $45 billion under management in Asia, but there are obstacles to integrating the businesses, note industry observers.
We created a case study describing a fictional billionaire and asked Asia’s top private banks to pitch him ideas. These two institutions impressed us most.
The Swiss firm has recruited its first private bank chief in Shanghai, as it continues to build out local businesses in Asia. But it's not clear whether it's still seeking mainland partners.
Misery for relationship managers as their banks face increasing pressure from regulations that hamper their flexibility — while clients take a step back from the markets.
Singapore’s DBS is hungry for more acquisitions after agreeing to buy ANZ’s Asia retail and wealth business. But ABN Amro’s Asian private bank may be another step too far, too fast.