OCBC to buy NAB's wealth business in Singapore and Hong Kong

Load Error With the hopes of further boosting its wealth management presence in Singapore and Hong Kong, OCBC Bank entered into an agreement to acquire National Australia Bank's (NAB) Private Wealth business in the two cities. OCBC will be having access to ... ( read original story ...)

Fund managers on fixed income recruitment drive

Before this role, Jaehne was a director at Fitch Ratings and a senior research analyst at McKinsey and Company ... professionals operating out of Australia, New Zealand, Hong Kong and the US," Warner said. Vanguard, meanwhile, is currently advertising ... ( read original story ...)

Can Prefab Housing Improve Housing Affordability?

According to a report by the McKinsey Global Institute ... Sydney ranks number two, after Hong Kong, with a multiple of 12.2. The median-priced Sydney home costs $1,077,000, while the median income is $88,000. Melbourne came in sixth with a multiple ... ( read original story ...)

Race for China’s $5.5tn mobile payment market hots up

“The dominance of the Taobao and T-Mall ecommerce platforms initially helped make Alipay the default digital wallet in China,” said Jeff Galvin, partner at McKinsey in Hong Kong. “But now, as Chinese spend more and more time in the WeChat ecosystem ... ( read original story ...)

Business News: mcgarrybowen Hong Kong names business director

JWT Hong Kong’s Ruby Lee has joined mcgarrybowen Hong Kong as business director. Lee has over 20 years experience in advertising and worked with clients like HSBC, Coca Cola, P&G, CSL, SONY and adidas. JWT Hong Kong’s Ruby Lee has joined mcgarrybowen ... ( read original story ...)