Wealth

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WEF 2018: Data is real wealth, says PM Modi

Davos (Switzerland), Jan 23 (ANI): Speaking at the World Economic Forum (WEF) 2018, Prime Minister Narendra Modi said that technology-driven transformation has been deeply affecting people’s way of thinking, working, international groups, politics, and...

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Queen’s bank revamping to gain younger clients

After three centuries as banker to Britain’s rich and famous, from Charles Dickens to Queen Elizabeth II, Coutts, one of the world’s oldest banks, is trying to modernise. Scarlett’s Citanovich-Hodge reports. Queen’s bank revamping...

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Surging wealth gap haunts Hong Kong

More than a million people live in poverty in Hong Kong, a city best known for its big banks and glitzy shops. As Tara Joseph reports, high costs and low wages are denting the...

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Wealth management loses luster

Once hailed as a steady income stream, the wealth management business is weighing on growth at big U.S. banks. Fred Katayama reports. Wealth management loses luster Big U.S. banks will be releasing their earnings...

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Biggest sovereign wealth fund sues VW

Norway’s sovereign wealth fund, the world’s largest, says it plans to join the class-action lawsuits filed against Volkswagen over the German automaker’s emissions scandal. As Laura Frykberg reports, some say the decision reflects the...