Has state intervention in banking gone too far?
Has state intervention in banking gone too far?
Anthony Browne was previously responsible for Morgan Stanley’s external engagement on political and regulatory issues for EMEA. Before then, he was policy director for economic development for Boris Johnson, the Mayor of London. He set up the London apprenticeships programme, recruiting 40,000 apprentices in one year and helped setting up theCityUK. Previously, Mr Browne ran Policy Exchange, the UK’s largest free market think tank, after spending two decades as a journalist, with roles including chief political correspondent of the Times and economics correspondent at the BBC.
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The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
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Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
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