Latest News for: Offshore wealth


Best Sports Betting Sites for US Players (Legal Sportsbooks)

Live Mint 29 Sep 2023
With the legalization of sports betting spreading across the states since 2018, the ...

Inside Cal State Long Beach: Why social mobility is crucial — and the university’s role ...

Press Telegram 28 Sep 2023
That is — the expectation that each generation in the United States will be better off than their parents especially when it comes to wealth ... This is due to several factors, including the rising cost of education, declining middle class, offshoring of manufacturing jobs, and the swelling concentration of wealth at the top of the income ladder ... .

Golub Capital Expands Commitment to U.S. Offshore Investors and Latin America with Strategic Hire

Victoria Advocate 25 Sep 2023
offshore private wealth offering and our investor base, Karim's deep market expertise will further bolster our Latin American presence and help accelerate our reach in this key region," said Craig Benton, Senior Managing Director, Head of the Investor Partners Group at Golub Capital.

ESG Achievement Awards 2022/2023 winners presented Practices in sustainable development highlighted and pioneers commended

Vietnam News 22 Sep 2023
Themed "ESG Champions ... As an international financial centre, Hong Kong is already leading on various leagues' tables in the region, including arranging Asian international bonds, insurance density, scale of asset and wealth management business, as well as offshore RMB liquidity pools and payments ... This has gradually turned into a major business norm.

Chan meets former governor in London

Hong Kong Standard 21 Sep 2023
Michael Shum. Financial Secretary Paul Chan Mo-po met former Hong Kong governor David Wilson during his current visit in London ... The Standard Channel ... With staunch support from the central government, he said, Hong Kong will actively consolidate and enhance its status as a financial, asset and wealth management center and an offshore yuan hub ... .

Hywin Holdings Announces Land Acquisition in Hainan Boao for Development in Healthcare Sector

The Eagle-Tribune 19 Sep 2023
The Company’s primary services are wealth management, asset management, other comprehensive financial services, and health management services. Wealth management is currently the Company’s largest business segment, in which its onshore and offshore solution platforms serve clients across generations.

Tax the rich, not the poor, farmers tell govt

Dawn 19 Sep 2023
He alleged that Pakistan is losing $93.3 million per annum in the form of tax abuse by corporations, while there is $33.6m per annum tax revenue loss in the form of Pakistanis’ offshore wealth, which as per an estimate stands at $3.4 billion.

IRS hiring 3,700 enforcement agents ‘doable,’ if it learns from past recruiting challenges

Federal News Radio 19 Sep 2023
Insight by Red Hat ... The IRS told TIGTA that the average investigation of high-wealth individuals takes two years to complete and often requires the IRS to commit substantial resources. Agency officials said high-income taxpayers often keep their wealth in “opaque sources,” including offshore bank accounts and complex business structures ... .

Corruption accusations continue to plague top Zelenskiy aides

Reuters 19 Sep 2023
Questions arose about Zelenskiy himself in October 2021 when it emerged that he had used offshore companies to manage his wealth and that shortly before his election he had transferred a stake in a British Virgin Islands firm to an associate.

New Zealand First's Winston Peters proves a crowd-pleaser in Levin

RNZ 17 Sep 2023
Labour leader Chris Hipkins has ruled out working with NZ First and National leader Christopher Luxon will not say if he will ... "We've spent billions of dollars trying to sell our product offshore, from all over the countryside, and 80 percent of the wealth of this country is coming from the provinces and exports," he said ... We've got the people ... ....

Microcredit drives poor households into debt trap

Blitz 16 Sep 2023
Jordan doesn’t have the kind of money that other Middle Eastern monarchies, like Saudi Arabia, have to allow a king to flaunt his wealth”, Dr ... One of the king’s guides into the offshore world was Victoria Loraine, a British lawyer living on the shores of Lake Geneva, who owned a Swiss wealth-management company, Sansa Suisse SA.

Investing: Are you your own worst enemy?

Moneyweb 15 Sep 2023
Elke Brink of PSG Wealth looks at how our biases and emotions can erode our returns, the mistakes we make when it comes to offshore investing, reveals a surprisingly good time to buy, and offers an alternative to trying to time the market ... .

It’s a tragedy of modern plutocratic Britain: if you want to rise, follow the Piers Morgan playbook

The Observer 15 Sep 2023
... that they should be allowed to own as much natural wealth as their money permits; that there’s nothing objectionable about a few offshore billionaires owning the media and setting the political agenda; that anyone who disputes such notions has no place in civil society.

Hywin Holdings Announces Unaudited Financial Results for the Second Half and Fiscal Year 2023

The Eagle-Tribune 15 Sep 2023
HYW), a leading independent wealth management service provider in China, today announced its unaudited financial results for the second half and fiscal year 2023 ended June 30, 2023 ... Wealth management is currently the Company’s largest business segment, in which its onshore and offshore solution platforms serve clients across generations.

Anchor Capital to expand offshore as generational wealth leaves SA

Independent online (SA) 14 Sep 2023
As generational wealth exits South Africa, which is a risk to the investment firm’s growth trajectory, Anchor Capital is securing its future ... Anchor said while wealth was fairly stable for now in South Africa, the generational wealth would be transferred overseas as kids of the wealthy were moving offshore, aka emigrating.

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File - The President of the People's Republic of China, Xi Jinping, speaks during a BRICS forum in Brasilia, Brazil, 13 November, 2019.
Creative Commons / Marcos Corrêa/PR
FILE - Divers look for flood victims in the city of Derna, Libya, Sept. 18, 2023. The devastating storm that dumped torrential rains along the Libyan coast this month was up to 50 times more likely to occur and 50% more intense because of human-caused climate change, according to an analysis released Tuesday, Sept. 19.
AP / Yousef Murad, File