Wealth managers in India are in hiring mode

Citigroup Inc, Deutsche Bank, Merrill Lynch and HSBC are among those planning to expand their private banking teams this year, sensing opportunity growing as rising stocks and a rebounding economy......

Inflation, faltering growth hitting the rich

The rise in the toasted category of high networth individuals in the country is getting affected in the 'high inflation, slow growth' scenario being witnessed at present, a top official of Merrill......

These Olympians are also Wall Street brokers!

UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes Image: Emily Samuelson (L) and Evan Bates of the US perform during......

India now has 153,000 millionaires; 12th highest in world

The number of dollar-millionaires in India surged to a record high of 1.53 lakh (153,000) in 2010, making the country's high net worth individual (HNI) population 12th largest across the globe, as......