Move over Europe, Asians are richer now
That's why private banks have been tripping over each other to set up offices, reorganise and poach talent, in an effort to woo the increasing number of wealthy in Asia.
June 23, 2011
Everyone knows 2008 was an extremely tough year, with the global financial crisis shaving off hundreds of billions of dollars in global wealth. The latest World Wealth Report attempts to measure those losses, at least for the world's richer population which bore the brunt of the impact of the crisis.
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