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Monday, July 03, 2006
Global Financial Services Model Needed To Better Assist Next Generation Of High Net Worth Individuals
The world’s high net worth individuals (HNWIs), people with net financial assets of at least US$1 million, excluding their primary residence and consumables, are increasingly showing a preference for international investments and lifestyles, which will intensify as an unprecedented amount of wealth is passed on to a new generation of globally–minded investors, according to the 2006 World Wealth Report (“The Report”) released today by Merrill Lynch (NYSE: MER) and Capgemini. Read more...posted by Charles Monat Associates at 12:37 PM | 0 comments
Singapore wealth problem: Too few bankers
Singapore faces a shortage of private bankers and is relying on two government-backed training programs to fill the gap, a Singapore monetary official said Tuesday.Ng Nam Sin, head of financial-center development at the Monetary Authority, said at a banking conference here that it was "important that we ensure that there is a good supply of talent" in the banking industry. Read more...
posted by Charles Monat Associates at 10:12 AM | 0 comments
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