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Features

Rich Kids Don’t Trust Robots

Study of wealthy Millennials finds more interest in private equity than robo-advisory, and a desire to “do good” as well as get good returns.

Capital Raising & Corporate Finance

More Rules, More Fines, More On Balance

Lenders have paid more than $300 billion in fines since the 2008 financial crisis; the growing regulations are slowly forcing stronger balance sheets.

Capital Raising & Corporate Finance

China Retailers Bet Big On Online Banking Service

Chinese Web giant Baidu has obtained regulatory approval to establish, in collaboration with China Citic Bank, a direct-banking firm named Baixin Bank that will operate online rather than through brick-and-mortar outlets.

Economics, Policy & Regulation

Jack Ma Pledges US Jobs. Sort Of

Alibaba executive chairman Jack Ma stood side by side with president-elect Donald Trumpon January 9 to tout Alibaba plans that would “create one million [US] jobs.” Turns out, the plans are to support exporters, which may or may not create jobs in the US.

Features

Western Private Banks Bail on Asias Wealth

"There are three principal ways to lose money: wine, women and engineers. While the first two are more pleasant, the third is by far the more certain", famously said baron Edmond James de Rothschild.

Economics, Policy & Regulation

Developing Countries Ease Doing Business

According the World Bank Group’s Ease of Doing Business Index for 2017, a record-breaking 137 nations out of 190 have implemented key reforms to deregulate their economies.

Banking

Keeping The Wealth In The Wealthy

With great wealth comes a burden of keeping it. Last year, the net worth of 1,400 billionaires worldwide that are being tracked in a study declined for the first time in a decade—to $5.1 trillion. And while 210 people rose ...
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