Defeat of the super-rich at the pollsAmong the losers in the US this week are the super-rich, who spent unprecedented millions to evict President Barack Obama from the White House. The investing class turned sharply and vocif More… |
Super-rich clients moving into cash says HSBCMany of the world's wealthiest people have moved their money out of stocks and bonds and into cash, the head of HSBC's Swiss private banking unit said. "The first half of 2008 has seen a notable change in client expectations and investment More… |