International Finance

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L’imad Holding revamp: Abu Dhabi reshapes USD 300 billion fund for dealmaking push

International Finance Business Desk
L’imad Holding is overhauling its leadership and portfolio as the new sovereign investment giant takes a bigger role in Abu Dhabi’s global expansion...
Cover StoryEconomyIF ExclusiveMagazine

Hong Kong overtakes Switzerland to become new home of global wealth

International Finance Business Desk
Hong Kong has booked USD 2.95 trillion in cross-border assets, overtakes Switzerland to become world’s largest offshore wealth hub...
Banking

Switzerland Tops Financial Secrecy Index

An estimated $ 21 trillion to $ 31 trillion of private financial wealth is located in untaxed or sparsely taxed secrecy jurisdictions, according to the Tax Justice Network. November 18, 2013 : Switzerland, the world’s largest centre for cross border wealth management, retained the top spot in a financial secrecy index by the Tax Justice Network...