09/15/2011
Wealth rises in China with increasing social cost
Another report says Chinese millionaires will make up half the population of high-net-worth people in Asia in the coming years.
Wealth and Asset Management
09/13/2011
Banks’ allure is thin for wealthy Indians
Ajay Piramal is just the sort of big fish every Indian private banker would love to land.
09/09/2011
Wealth-X Finds Combined Net Worth of Social Media Tycoons Near $100 Billion
The fortunes of social media entrepreneurs including the founder of Facebook, Mark Zuckerberg; the brains behind Zynga, Mark Pincus; and the man who introduced Twitter, Jack Dorsey, are at an all-time high, according to a study on 30 of the world's r
09/09/2011
Indian consumers show strong appetite for luxury products
Super-luxury brands like Ducati, Jimmy Choo, Canali, Hermes and others sail high as slowdown fails to impact Indian consumers
09/09/2011
Asia's millionaire population to grow 140 per cent by 2015
CLSA Asia-Pacific Markets, has launched “Fat cats in fast lanes: Surge in high net worth individuals” report, examining the surge of wealth in the region.
09/09/2011
China's Rich and Mostly Anonymous Spent $26 Billion Last Year -- For Fun
And along with the only slightly less privileged they’ve made a significant impact on the global luxury market, dishing out $26 billion last year on capitalist trappings like insanely expensive cars, yachts, private jets and even helicopters.
09/09/2011
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.
09/09/2011
The jet-setters club
An intriguing array of private jets swarms Indian skies as India's billionaires revel in luxury.
09/08/2011
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.
09/08/2011
Credit Suisse may exit US wealth management - paper
Credit Suisse is considering paring back its onshore U.S. wealth management business and expanding in Asia as part of a revamp of its private banking, a Swiss newspaper reported.
09/08/2011
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.
09/07/2011
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.
09/07/2011
China’s New Cultural Revolution: A Surge in Art Collecting
As auction houses prepare for their fall sales, Chinese collectors are expected to be a major boost for the market, raising their paddles for big-ticket artworks despite a backdrop of global economic turmoil.
09/07/2011
Indonesia: fastest-growing rich list
The sight of a bright red Ferrari being delivered in Jakarta is still something that attracts attention. But not for long.
09/07/2011
China in Time of Millionaires Snubs Neighbor: William Pesek
Asia’s biggest rivalry is looking more and more one-sided.
09/07/2011
Learning to Manage the Family Wealth
Tom Meneses had been putting it off for four years. But once he did it, he said, he found it “invaluable.”
09/06/2011
Brokerages plan to seek business abroad
Brokerages plan to seek business abroad
09/06/2011
Chinese head to wealth managers
Chinese head to wealth managers
09/05/2011
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.
09/05/2011
Drawn to a wealth magnet
Drawn to a wealth magnet