05/28/2012

Private banking clients lose that loving feeling

I still find it hard to believe my family and I were allowed to wander those rooms, witness those wonders and spend time in silence with Michelangelo’s vast work with no one but our guide and a Vatican guard.

05/28/2012

Millbrook Capital to convert to family office

In the wake of new Securities and Exchange Commission rules, Millbrook Capital Management is closing its only hedge fund and will instead become a family office for its founder, John Dyson.

05/28/2012

Gold to shine - Coutts & Co

Gold, a traditional safe haven asset in troubled markets, has been out of favour recently amid growing fears of deflation.

05/25/2012

Land of Luxury: China's Million Dollar Shanghai

The city’s development has been a spectacle to watch; the skyline is a postcard- picture of prosperity, and while traditional noodle shops are still a few beats beyond the glitz, the new money has demanded a profusion of stylish and luxurious avenue

05/25/2012

Economic Crisis Brings Insecurity to Wealthy Greeks

An extensive report by The New York Times focuses on the Greek tycoons and their stance towards the economic crisis plaguing Greece and the political uncertainty giving them a headache lately.

05/25/2012

Where Do the Happiest Millionaires Live?

The survey, which polled individuals with an average net worth of $1.4 million in nine Asian countries, focused on how satisfied these millionaires were with their lives and what their expectations were for future wealth creation.

05/25/2012

Barclays prefers organic growth strategy for India

Since the establishment of the private banking business in India four years ago, Barclays Wealth has grown significantly to emerge among the top five players locally, according to Bansal.

05/25/2012

Top women on Wall Street: Equal-opportunity axing?

Among the top 10 banks, the aggregate numbers are a little better, but the percentages are not. Five women, or 10 percent of the 50 executives identified, are in place, down from six, or 12 percent, in 200

05/25/2012

Executive Pay Back Under Spotlight At HSBC

Executive pay will again come under the spotlight today as shareholders of HSBC (HBC) become the latest group of investors to vote on banking remuneration, as the so-called "shareholder spring" of pay revolts continues apace.