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Title: Life

Essay Details

Subject: History
Date: April 19, 2015
Level: University
Grade: A
Length: 2 / 494
No of views: 0
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Essay text:

What's more, the top end of that spectrum?those worth more than $30 million?is growing fastest. The group includes numerous well-known Western business titans, but numbers are rising faster in parts of the developing world. The last few years of soaring equity, real estate and commodity markets have been good to them all: UBS's wealth-management division alone saw an influx of $76 billion in new money last year, up 57 percent from 2004...

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The private-client division of institutions like UBS, JPMorgan or Citibank would invest in a set of simple options?stocks, bonds and real estate. But consider how UBS, the world's largest private banker, has evolved over the past decade. Its clients, increasingly entrepreneurs and self-made financiers with a web of multinational investments and homes in several countries, want 24/7 global access to every imaginable asset via bespoke trading platforms (highly encrypted for privacy, of course)...

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