01/03/2012

Tax Gift To The Rich

The average tax rate for the 400 wealthiest Americans was 29.3 percent in 1993, but dropped to 18.1 percent in 2008, according to the latest IRS statistics.

01/03/2012

Wealth gap evident on Capitol Hill Another pension perk

We don't begrudge anyone money he has worked for, but there is evidence some members of Congress have used their position for personal gain. There have been recent disclosures of use of inside information to trade on Wall Street - a practice that, in

01/03/2012

Financials hold key to Wall Street revival

With healthy banks widely seen as essential to economic recovery, there is concern that US equities will struggle in 2012 unless financials break out of their deep slump.

01/03/2012

Time for a British investment bank

First, some £40billion of ‘credit easing’ designed to get cheaper credit flowing to small and medium sized enterprises and, second, a boost for infrastructure spending to create jobs and investment in new capital projects.

01/02/2012

Crispin Odey: 'horrble' 2011 has produced bargains

At the close of a tumultous twelve months on the markets, hedge fund manager Crispin Odey has described 2011 as a "pretty horrible year", but pointed to opportunities in 2012 presented by cheap prices.

12/30/2011

Singapore banks beef up operations to cover NRI market

Singapore-based banks are beefing up their operations to manage the USD 25 billion wealth of the city state's 300,000 non-resident Indians (NRI), who have an investment preference for Indian securities and the rupee.

12/29/2011

Less perks for expat workers

Lucrative expat packages are becoming a distant memory in Asia, as employers no longer need to entice top talent

12/28/2011

Leading Malaysian bank to develop wealth management business.

“The wealth management business in this region is successfully conducted not so much by banks but by private bankers,” he said, adding that it might no longer be the enclave of purely high net worth individuals. “Wealth management now re

12/28/2011

Wealth management subsidiary sets up new team

AMP Capital Investors, part of Australia's largest wealth manager AMP Ltd, is making a push in Asia to take advantage of improving sentiment towards the region's sovereign risk, a top executive at the fund management firm said.