10/03/2011

Global wealth industry still battered by headwinds

Banking giants hold high hopes for their wealth management arms as a means to keep the ship steady in volatile times, but many have found themselves pouring money into a sector that is stuck in neutral, buffeted by shrinking profits and wary investors.

10/03/2011

China Bank best in wealth management

China Bank said its private banking group has been named the “Best Wealth Management House 2011—Philippines” by the Asset Magazine, Asia’s leading financial monthly publication.

10/03/2011

Shaping BofA's Image in Asia

"One half of the world's population, one third of the world's GDP, five of the top 10 countries for high-net-worth individuals. The facts are overwhelming."

09/29/2011

Booming Yacht Industry Sails into China

Many wealthy individuals from the United States and Europe remain avid fans of owning luxurious yachts as status symbols, which signify prosperity.

09/29/2011

Luxury Spending Surge Continues in China

Wealthy shoppers from seven countries around the globe earning at least $150,000 (in local currency) reveal candid attitudes on luxury brands and personal spending plans in the "2011 State of the Luxury Industry: