Retail Banking News Updates, November 7th 2012

UBS India appoints wealth management head
UBS India named Oscar Balcon as CEO of its wealth management business. Prior to this appointment, he has served with the bank for 28 years. Balcon has been relocated from Singapore, where he was currently posted.

BoC Hong Kong launches new wealth management centre
Bank of China (Hong Kong) has launched a new wealth management centre which will offer a range of professional and premier wealth management services to high net-worth customers in particular. Featuring unique and contemporary design, the centre offers a pleasant environment equipped with advanced banking service technologies.

Aozora Bank commences investment trust sale via internet banking
Aozora Bank has launched the sale of investment trusts via its Internet banking portal in response to requests from customers. The services will also enable customers to confirm the transaction status as well as make purchase orders or cancel orders online.

Re-disseminated by The Asian Banker