Category : Search result: wealth creation


Goldman Sachs promotes seven in EMEA wealth team

Goldman Sachs International has promoted seven senior professionals within its EMEA private wealth management division to managing director roles, signalling strong growth in the region's wealth business.

Goldman Sachs hires Evercore banker for Evelyn Partners sale

In a significant recruitment coup, Goldman Sachs has hired senior Evercore banker James Rucker to spearhead the upcoming sale of Evelyn Partners' wealth management division, signalling intensified competition in London's financial advisory landscape.

Tesla Backs Musk's $56bn Deal - Trillionaire Path Clear

Tesla shareholders have overwhelmingly approved Elon Musk's unprecedented $56 billion compensation package, potentially catapulting the CEO into becoming the world's first trillionaire. Discover how this landmark decision reshapes corporate governance and

AI Revolutionises Wealth Management for Ultra-Rich

Exclusive insight into how AI is transforming wealth management, from hyper-personalised portfolios to predictive analytics revolutionising client service in London's financial district.

Wealthy London borough has highest prison rate

Exclusive analysis reveals how London's wealthiest borough has become the capital's most troubling prison pipeline, with residents 70% more likely to be incarcerated than the national average.

M&G reaches £365bn assets as retail inflows surge

Investment giant M&G reports impressive £4.5bn net inflows for 2023, with retail investors driving growth despite challenging market conditions and pushing assets under management to £365bn.

California voters reject Prop 50 tax reforms

In a decisive referendum result, California voters have overwhelmingly rejected Proposition 50, blocking a major tax reform initiative that would have introduced a wealth tax and increased corporate taxes.

Trump's Palace Project Amid American Hunger Crisis

As Donald Trump constructs his opulent Florida residence, millions of Americans face food insecurity in a stark tale of two Americas. The Full Story podcast investigates the growing inequality divide.

Norway fund rejects Musk's £44bn Tesla pay deal

In a stunning shareholder revolt, Norway's massive sovereign wealth fund has voted against Elon Musk's controversial compensation package at Tesla's annual meeting, dealing a major setback to the billionaire CEO.

Why AI Can't Replace Human Wealth Managers

Discover why artificial intelligence struggles to replicate the nuanced human connections and emotional intelligence that define successful wealth management relationships.

£70TN inheritance wave to worsen UK wealth gap

A staggering £70 trillion in wealth will pass between generations over the next decade, creating what economists call a 'silver spoon economy' that threatens to dramatically worsen inequality across Britain.

US Billionaires' Wealth Soars by £698bn in One Year

America's wealthiest ten billionaires have seen their fortunes explode by an astonishing $698 billion over the past year, highlighting a dramatic wealth concentration while ordinary Americans face economic pressures.

Meet the Editors Behind Your Daily Crossword Puzzle

Discover the fascinating world of crossword editing as we uncover the creative process and editorial secrets of Prunella Randolph and Mortimer, the guardians of Britain's favourite puzzles.

FCA warns over wealth consolidator risks

UK financial watchdog reveals serious concerns about conflicts of interest and unsustainable borrowing practices among wealth management consolidators, warning of potential consumer harm.

Global Wealth Race: Which Financial Hub Dominates?

London battles New York and Asian rivals in the high-stakes competition for the world's wealthiest individuals. Discover which financial centres are gaining ground and what this means for global finance.

Abu Dhabi Challenges London & NY Financial Dominance

Abu Dhabi launches an aggressive strategy to transform into a global financial powerhouse, challenging established hubs like London and New York with massive sovereign wealth backing and strategic reforms.

Wealthy suburbs creating urban wildlife havens

Groundbreaking research reveals affluent neighbourhoods are unintentionally creating biodiversity hotspots, with wealthier areas supporting significantly more plants and wildlife than poorer communities.

Elon Musk Makes History With $500 Billion Fortune

Tesla and SpaceX CEO Elon Musk has shattered records by becoming the first person in history to amass a staggering $500 billion fortune, cementing his status as the wealthiest individual ever.

Private Equity Targets Law & Accounting Firms

Discover how private equity giants are revolutionising professional services by targeting law and accounting firms in a strategic wealth play that's reshaping London's financial landscape.

UBS wealth unit gathers $38bn in Q3 surge

UBS's global wealth management arm demonstrates remarkable resilience, pulling in $38 billion in net new funds during Q3 while navigating significant outflows from its Swiss bank integration.

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