Released today, the report, entitled Hot Spots, ranks the most competitive cities in the world for their demonstrated ability to attract capital, business, talent and tourists.
In Europe and elsewhere, salaries across the financial sector are also likely to rise in 2012 but at a much slower rate than in Asia and not for bank chief executives, a survey by human resources consultancy Mercer forecast.
Malaysia is still among the top 10 economies with women holding senior positions, despite a slight drop of 28 per cent from 30 per cent last year, according to the Grant Thornton's International Business Report (IBR).
The development marks L&T's foray into private wealth management, providing it with a robust platform of assets to start, said sources directly familiar with the matter.
The Maybank Diamante Private Client programme was rolled out simultaneously on Monday in Malaysia, Singapore, Indonesia and Brunei and is intended to provide seamless banking services to premium clients.
Multinational families increasingly are turning to high-end estate and tax planners to reduce tax bills when they shift money to children living in the U.S., whether or not their kids are U.S. citizens.
Prior to joining HSBC, Vohra was general manager, private bank, retail banking and wealth management for ANZ Singapore.
As the Western economies continue to struggle to pull themselves out of the storm of post-crisis blues and the cyclone – the European sovereign debt situation – howling through the European Union, the weather in South East Asia looks rather ro