• After Revamping Wealth Management Arm, Credit Suisse Now Focusing On Equity Trading

    5 days ago - By Forbes

    Credit Suisse recently reported better-than-expected results for the third quarter of the year, and considering the fact that its cornerstone wealth management division drove profits for the period thanks to a strong inflow of client assets
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  • There are now 36 million millionaires in the world - and they own nearly half the total wealth

    5 days ago - By Chron

    Charlie Crowhurst/Getty Images for Ascot Racecourse
    A new Credit Suisse report finds there are 2.3 million new millionaires in the world, putting the total at 36 million.
    Collectively, they make up less than 1% of the population but hold as much wealth as 46% of the world.
    Forecasts indicate the world could soon see many more millionaires, and perhaps even the first trillionaire.
    Since 2016, the world has seen a new crop of 2.3 million people reach a net worth with six zeroes.
    According to Credit Suisse's new Global Wealth Report 2017, there are now 36 million millionaires in the world - a...
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  • The richest 1% now own a staggering portion of the world's wealth

    The richest 1% now own a staggering portion of the world's wealth

    5 days ago - By Business Insider

    The richest 1% of families and individuals around the world now hold over half of global wealth, according to a new report from Credit Suisse.
    The richest 10% of households own 88% of the world's assets.
    Stock market gains helped add $8.5 trillion to US household wealth between mid-2016 and mid-2017, a 10.1% rise
    The world's richest 1% of families and individuals hold over half of global wealth, according to a new report from Credit Suisse. The report suggests inequality is still worsening some eight years after the worst global recession in decades.
    The release of the Paradise Papers , a...
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  • The richest 1% now own a staggering portion of the world's wealth

    The richest 1% now own a staggering portion of the world's wealth

    5 days ago - By Business Insider

    The richest 1% of families and individuals around the world now hold over half of global wealth, according to a new report from Credit Suisse.
    The richest 10% of households own 88% of the world's assets.
    Stock market gains helped add $8.5 trillion to US household wealth between mid-2016 and mid-2017, a 10.1% rise
    The world's richest 1% of families and individuals hold over half of global wealth, according to a new report from Credit Suisse. The report suggests inequality is still worsening some eight years after the worst global recession in decades.
    The release of the Paradise Papers , a...
    Read more ...