02/08/2012
L&T Finance to offer wealth management, hires EFG brass
L&T Finance is actively looking to enhance its product line and is looking to foray into a business that many foreign players are struggling to sustain --wealth management.
02/08/2012
Cuisine Asia controls restaurant assets with revenue of about Rs 300 crore making it a leading player in a still emerging industry .
02/06/2012
In the world of the rich, money is a subject fit for discussion any time anywhere.
02/06/2012
A federal court has accused Swiss bank Wegelin of using sham operations to hide funds, some incorporated in Hong Kong.
02/04/2012
The last five years have seen numerous Swiss banks and European banks set up operations in Singapore, due to a growing trend towards transparency in various jurisdictions, said Mr Edmund Leow, a principal at law firm Baker & McKenzie.Wong & Leow.
02/02/2012
Asian Investors Target 28 Billion Pounds for London Real Estate
Wealthy individuals including British citizens now own 10 percent of all investment property in London by volume.
02/02/2012
Mainstream brands make a play for the super rich list
This core audience of cash-rich consumers has helped the luxury brands sector to weather the economic storm and now mainstream brands are looking at how they can take advantage of this seemingly recession-proof market.
02/02/2012
Mrs Rinehart's wealth jumped as Korean steelmaker Posco bought a stake in her Roy Hill iron ore project, Forbes said on its website today.
02/01/2012
HSBC named the World’s Most Valuable Banking Brand in 2012
This strong performance from the London-based banking giant stood out in its region; European banks performed miserably, making up 16 of the 20 “fallers” on the table.
01/31/2012
Why Are the Chinese Buying Record Quantities of Gold?
Beijing does not release gold trade figures, so for this and other reasons the Hong Kong numbers are considered the best indication of China’s gold imports.
01/31/2012
"At a time when many businesses are struggling to cope with challenging business conditions, it's vital they look to improve the way they operate at a fundamental level - only those that do so will survive and even thrive in the current environm
01/30/2012
Indian Billionaire Bids for RBS’s Marriott Hotels, Times Says
Roy, who bought the Grosvenor House hotel in London last year, is competing with the Abu Dhabi Investment Authority, and Indian investor Blue Post Group, according to the newspaper.
01/26/2012
Charles Wang Hongxin, chief executive of E Fund's Hong Kong branch, said distributors including banks require more time to familiarize themselves with the new products.
01/25/2012
The value of the gross assets being sold was approximately THB17.5bn (approximately US$553m) at 31 December 2011.
01/25/2012
The survey was published as CEOs including Mark Parker of Nike Inc. and Brian Moynihan of Bank of America Corp. gather in the Swiss ski resort of Davos for the World Economic Forum’s annual meeting.
01/25/2012
The Canberra-based AOFM is the funding arm of the federal government.
01/25/2012
The Lunar New Year of the Dragon begins at midnight on Sunday.
01/25/2012
The emirate is now home to the highest concentration of billionaires in the region - there are 14 of them - and ranks 18th globally.
01/24/2012
Take the Shard, the tallest building in the EU: 80%-owned by a Qatar consortium.
01/24/2012
Australia's richest person doubles wealth in a week
The project is scheduled to begin shipping iron ore within two years, The Australian reports.