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Citi revamps pay for wealth bankers

More bonuses will go to those who move client assets into investments, and less to those who sell new loans

Business - Financial Times - 21 hours ago

UK regulator sets out plans for earlier banker bonuses

Prudential Regulation Authority chief says 8-year deferral period, introduced after financial crisis, could be cut to 5 years

Business - Financial Times - October 18

Disgraced Lebanese Central Banker Who Was a Fugitive Now Awaits His Fate

Riad Salameh was arrested on graft charges and accused of undermining Lebanon’s economy, as the Israel-Hezbollah war further destabilizes the country.

World - The Wall Street Journal - 5 days ago

Spanish central banker set to inherit big challenges as next BIS head

Pablo Hernández de Cos to take over amid fears Donald Trump will derail progress on setting capital standards for world’s biggest lenders

Business - Financial Times - 4 hours ago

Switzerland’s wealth managers bank on a future in Asia

Hong Kong and Singapore are the world’s rising wealth centres

World - Financial Times - October 16

The great wealth transfer is underway. Here's how to prepare

The great wealth transfer is underway with an estimated $84 trillion projected to change hands by 2045. Here's how families can prepare.

Business - CNBC - October 24

Why America’s polarized politics can be hazardous to your investment returns

Which would you rather have: more profit or political beliefs that are never challenged?

Business - MarketWatch - October 26

StanChart to double investment in wealth management as profits rise

Wealth business had record quarter as revenues rose 32%

Business - Financial Times - October 30

How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it

After years of preparation, HPS is on the verge of either a deal or an IPO

Business - Financial Times - October 24

Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help

Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh Hasina

World - Financial Times - October 28

Trio of professors win Nobel economics prize for work on post-colonial wealth

British-born Simon Johnson and James A Robinson and Turkish-American Daron Acemoğlu share £810,000 prize . Three US-based professors, including two UK-born academics, have been awarded this year’s ...

World - The Guardian - October 14

Trio of economists wins Nobel Prize for work on wealth of nations

Daron Acemoglu, Simon Johnson and James Robinson commended for advancing understanding of inequality

Business - Financial Times - October 14

Reeves cuts National Wealth Fund budget despite UK investment drive

Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy

Business - Financial Times - October 14

Dozen Labour MPs join call for 'extreme wealth' tax

The MPs want Rachel Reeves to bring in a 2% tax on assets over £10m, which they claim could raise £24bn per year.

Saudi Arabia’s wealth fund pivots from international investments

Public Investment Fund will focus more of its financial firepower on domestic projects

Business - Financial Times - October 29

Reeves to promise ‘wealth and opportunity for all’ in major tax-raising budget

Having announced minimum wage boost, chancellor to say she can spare working people from tax rises. Autumn budget live: latest news updates The UK’s national minimum wage is to rise by a ...

World - The Guardian - October 29

A World-Famous Neuroscientist Says This 1 Mindset Is the Key to Happiness and Wealth

And a top banking CEO agrees.

Business - Inc. - October 31

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.

Weight loss drug industry injects wealth into Novo Nordisk home country

Drugs Ozempic and Wegovy have slimmed down Hollywood stars — and millions of non-celebrities worldwide— while adding great heft to the economy of Novo Nordisk's home country, Denmark.

5 Steps to Experience More Wealth Than You Might Ever Imagine

Find true riches in simply being present.

Business - Inc. - 2 days ago

Trump’s victory adds record $64bn to wealth of richest top 10

Share surge increases Elon Musk’s fortune by $26bn in a day as Jeff Bezos, Sergey Brin and Bill Gates also benefit. US elections – latest updates The wealth of the 10 richest people in the ...

World - The Guardian - Yesterday

Writing wills may help to narrow the racial wealth gap

If Black families wrote wills at the same rate as white, how much would it help?

Business - MarketWatch - Yesterday

Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue

Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.

Business - CNBC - October 16

A lot of your personal wealth is tied up in your employer. How to spread out the risk.

Direct indexing and individualized portfolios can help an investor avoid overexposure to an employer’s stock

Business - MarketWatch - October 19

Britain’s wealth gap is growing, its malign effects seep into all aspects of life. It’s a national disaster | Will Hutton

Wealth distribution reeks of unfairness and poses as big a threat to the country’s wellbeing as climate change. Britain is a wealthy country, but the gap between our richest and poorest 10% is now, ...

World - The Guardian - October 20

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