Keywords: Wealth
Fifth Third Bancorp reported a sharp increase in second-quarter profit, supported by stronger net interest income and growing revenues from its capital markets and wealth management divisions. The performance highlights the continued resilience of regional banks in the United States as lenders adapt......
Moroccan asset management executive Reda Hilali has once again been recognised among the Middle East and North Africa's leading investment professionals, maintaining his position in Forbes Middle East's annual ranking of the region's top asset managers. Hilali, Chief Executive Officer of......
Hollywood actor and entrepreneur George Clooney has joined the list of France's 500 wealthiest individuals following his acquisition of French citizenship, marking an unusual crossover between international celebrity and the country's annual business wealth rankings. According to the 2026 edition......
The United States has launched a new government-backed investment initiative, “Trump Accounts,” as part of nationwide celebrations marking the 250th anniversary of American independence. The programme introduces state-funded savings accounts for children born within a defined eligibility......
Global personal wealth experienced its strongest annual growth in years during 2025, with nearly one million people joining the ranks of millionaires as rising financial markets and stronger asset values fueled a sharp increase in household wealth, according to the latest UBS Global Wealth Report. The......
Elon Musk has once again crossed the trillion-dollar wealth threshold after a strong rally in the market value of his flagship companies, Tesla and SpaceX. The rebound marks a significant recovery following recent declines in technology stocks and reinforces Musk's position as one of the world's......
Standard Chartered has appointed Margaret Harwood-Jones as Chief Executive Officer for Europe and the United Kingdom, introducing a newly created leadership role aimed at accelerating the bank’s expansion across two of its key strategic markets. The announcement, made on Tuesday, reflects the......
Global personal wealth recorded its strongest annual expansion in several years during 2025, creating nearly one million new U.S. dollar millionaires as financial markets delivered robust returns, according to the latest UBS Global Wealth Report. The Swiss banking group reported that total global personal......
Elon Musk has experienced a significant decline in his personal fortune following a sharp sell-off in shares of SpaceX, underscoring the volatility that can affect even the world's wealthiest individuals. The recent market downturn erased a substantial portion of the gains accumulated since the......
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