Rich Monitor
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Diary: Utopia for Yacht Lovers
Looking to get more from your yacht? Why not share it with others?
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How The Rich Are Different: Recession Hits Investment Psyche
The rich are different than you or me, and it turns out that the ultrarich are different than the mere well-to-do, according to a survey that asked wealthy investors about the effects of the recession on their portfolios and prospects.
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Diary: Where to Buy Champagne?
With just over a month left for Christmas shopping and currencies still yo-yoing, it pays to know which European city will give you the best deal on your purchases.
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Luxury labels "should not be ashamed"
At the 2009 Walpole Awards for Excellence in the UK luxury industry last night, luxury brands were urged to "hold their head high", and recognise the importance they play in supporting the British economy.
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Family values pay off for Merck
He is not yet two years old but already Thomas, the first member of the 13th generation of his family, is being initiated into the working of the family business – Merck, the world’s oldest pharmaceutical and chemical company.
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Film icon tops list of biggest givers
Paul Newman, the late American actor, has beaten film stars Brad Pitt and Angelina Jolie to the number one spot of the most generous US celebrity philanthropists in 2008.
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Female entrepreneurs to double before 2010
The number of so-called "lipstick entrepreneurs" are set to double to over two million over the next decade.
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Swiss regulator won't cap bank, insurer bonuses
Swiss banks and insurers will have to ensure that management bonuses are dependent on the institutions' long-term success, but bonuses won't be limited otherwise, Switzerland's financial markets regulator Finma said on Wednesday.
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Big banks' pay on course to top $300bn
The biggest banks in the US and Europe have so far set aside a total of $224bn (€149.5bn) for compensation and benefits this year, according to their third quarter results. It leaves them on track to top the $300bn mark for pay and bonuses for the full year, according to research conducted by Financial News/Wealth Bulletin.
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Switzerland – post banking secrecy
The Swiss government has bowed to international pressure and eased its bank secrecy rules, a move that some sceptics believe will make the country less competitive. But a low-tax environment and a high standard of living means that the Alpine nation continues to attract both wealthy individuals and companies.
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Brummel
Relocation, relocation, relocation
Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.
Rich Monitor
Diary: Utopia for Yacht Lovers
Looking to get more from your yacht? Why not share it with others?