By David Lawder CHICAGO – U.S. Treasury Secretary Janet Yellen said on Wednesday that the United States and Western allies have immobilized half of the assets of the Russian central…
MOSCOW – Russia plans to tap its National Wealth Fund (NWF), a rainy day cushion, after it scrapped its borrowing plan this year amid Western sanctions and said it would…
SHANGHAI – China will from March 1 expand a pilot scheme developing wealth management products aimed at retail investors looking to boost their retirement savings to more cities including Beijing…
By Selena Li HONG KONG – China’s drive for “common prosperity” to ease inequality could be a positive catalyst for the local wealth management industry, as it leads to expansion…
ZURICH – Credit Suisse is pulling out of its wealth management business in a number of African countries, and the private clients are to switch to Barclays, a spokesperson for…
Melinda Gates announced Wednesday that she is no longer giving the majority of her wealth to the Bill & Melinda Gates Foundation and will instead focus on spreading her money…
-Melinda French Gates is no longer pledging to donate most of her wealth to the charitable foundation she co-founded with her former husband and will instead disburse the funds among…
By Victoria Klesty OSLO -Norway’s sovereign wealth fund, the world’s largest, earned a return on investment of 1.58 trillion Norwegian crowns ($177 billion) last year, the second highest on record,…
Kazakh President Kassym-Jomart Tokayev validated the frustration of protestors in his country over its wealth inequality and took aim at its elite on Tuesday, Reuters reported. Tokayev told the country’s…
Since becoming the most powerful woman once again in Congress, Nancy Pelosi’s wealth has ‘skyrocketed’, according to a Fox News report by Jesse Waters, host of “Waters World”. Last week,…
If you’re looking for some inside information on which stocks are about to shoot up in value, why not follow a career politician and her husband who have made millions…