All articles by PBI
PBI
Pricing pressure points
Global wealth is on the rise again, but the changing regulatory environment and increasing competition for business means the performance of wealth managers is under scrutiny
Asia continues rise up world wealth rankings
The ranks of the worlds millionaires swelled by around 900,000 people in 2010 to 10.9m with their wealth hitting more than $42trn, surpassing 2007 pre-crisis levels as they turned increasingly to equities and commodities to recoup crisis-related losses, research by Merrill Lynch Global Wealth Management and Capgemini reveals
2020 Vision: Developed markets on top
Private banks, which in recent years have been rushing headlong to expand Asian businesses, should find new research on wealth trends over the next decade sobering reading It projects that developed, rather than emerging markets, will provide the lions share of wealth