India Loses a Third of its Billionaires

According to a new study, the number of billionaires in India dropped by more than 30% in 2011. Press reports blamed the drop on the country’s stock market, which fell by 40% last year.


Julius Baer wins top award

Julius Baer has been named Best Boutique Private Bank in Asia and Best Private Bank – External Asset Manager’s Choice.


New year, new hope, old problems - Coutts & Co

As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the euro-zone debt crisis which, though off the front page for the time being, remains largely unresolved. However, with economic data in the US and emergin


Abu Dhabi sovereign fund eyes India

ADIA has a 12% stake in Infrastructure Leasing and Financial Services Company ( ILFS), but it wants to diversify given the opportunities in the Indian infrastructure sector.


Singapore banks beef up operations to cover NRI market

Singapore-based banks are beefing up their operations to manage the USD 25 billion wealth of the city state's 300,000 non-resident Indians (NRI), who have an investment preference for Indian securities and the rupee.


Less perks for expat workers

Lucrative expat packages are becoming a distant memory in Asia, as employers no longer need to entice top talent