wealth
California wealth tax would cause rich to flee, governor Newsom warns
[ad_1] At least six billionaires have already left the state ahead of the Jan 1 residency cut-offPublished Fri, Jan 30, 2026 · 08:01 AM[SAN FRANCISCO] California governor Gavin Newsom warned...
Hong Kong banks to see wealth ‘windfall’ as fees jump: report
[ad_1] Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the yearPublished Wed, Jan 28, 2026 · 12:24 PM[HONG KONG] Hong...
HSBC to shut Raffles Place branch amid deeper push into wealth management
[ad_1] The bank has three other wealth centres in the city-state, with one more to be added in February this yearPublished Tue, Jan 27, 2026 · 11:24 AM[SINGAPORE] HSBC Holdings...
California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
[ad_1] California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires. The...
A majority of millionaires say extreme wealth is a threat to democracy
[ad_1] As wealth inequality widens and billionaires become increasingly enmeshed with politics, the public is growing more and more disillusioned with the ultra-wealthy, and the role they play in society....
Private Chinese wealth fuels Singapore office market as vacancies drop: JLL
[ad_1] Private Chinese capital is still actively pursuing opportunities in Singapore, even as institutional Chinese capital recedes[SINGAPORE] The prime office sector in Singapore is a “top pick” for real estate...
Billionaires’ wealth hits new peak as their clout grows: Oxfam
[ad_1] BILLIONAIRE wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political divides that threaten democratic stability, anti-poverty group...
Sovereign wealth funds join clamour for private credit in EMs
[ad_1] [LONDON] A record wave of private credit deals across emerging markets (EMs) looks set to extend this year, with a host of institutional and sovereign wealth investors seeking to...
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
[ad_1] The bank says this comes under the group’s global ‘ongoing simplification’ drive [SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review of HSBC Life,...
HSBC launches UAE asset management business to tap into wealth influx
[ad_1] The bank has focused its growth efforts on regions such as Asia and the Middle East[DUBAI] HSBC is opening an asset management business in the UAE and launching 10...