Hong Kong Tops the World As the New Home of Global Wealth
Hong Kong has booked USD 2.95 trillion in cross-border assets, overtakes Switzerland to become world’s largest offshore wealth hub...
Tag : Boston Consulting Group
With record revenue surge, global fintech races ahead of legacy banks
As per the Boston Consulting Group (BCG) and FT Partners, fintech now accounts for approximately 4% of the total global financial services revenue pool...
Hong Kong surpasses Switzerland, becomes top cross-border wealth hub
Wealth from China and an IPO boom in 2025 helped Hong Kong rise to a USD 2.95 trillion offshore behemoth for the world's rich...
Energy transformation to benefit Middle Eastern banks
Aytech Pseunokov predicted that banks and financial institutions would eventually become the primary funding source for the climate transition...
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...