PlanCom wants $10 bn India wealth fund

The Planning Commission wants India to set up a sovereign wealth fund with an initial corpus of USD 10 billion, mainly to invest in energy and mining assets abroad.


The jet-setters club

An intriguing array of private jets swarms Indian skies as India's billionaires revel in luxury.


Asia private bankers earns more than European boss

Julius Baer Group Ltd. (BAER) Chief Executive Officer Boris Collardi enters the 18th-floor meeting room in the bank’s Hong Kong offices lugging a suitcase that contains a clue to the soaring pay of Asian private bankers.


Standard Chartered makes haste with merger

IF ONLY all mergers and acquisitions could be as swiftly completed as Standard Chartered Bank's swallowing of local specialist resource advisory group Gryphon Partners.


Chinese luxury sales to overtake Japan

Sales of luxury goods like watches and jewellery are continuing to rise in China, as the country overtakes Japan to become the category's second largest market globally.


Swiss banks 'help clients move to Singapore'

SWISS BANKS have already begun helping UK clients move their money to Singapore in defiance of an agreement struck with the UK last week, Accountancy Age understands.