Barclays Plc (BARC.L) will stop offering wealth management services in about 130 countries by 2016 and cut jobs in the unit as part of an effort to rein in costs and boost profit. “This is part of our new strategy, focusing on reducing complexity and competing where we can win,” a Barclays spokesman said in a statement. “We don’t expect ... Read More »
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Asian millionaires overtake Europeans in rich list
The Asians are financially now the king of the world. They have already advanced in so many fields it seems only money was their problem. But now that too is fixed. It will be only a matter of time before the Europeans start seeking Asian immigration, am just saying. The net wealth of Asian millionaires has eclipsed that of rich ... Read More »