Word: capgemini
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...Dutch entrepreneur Yves Gijrath, the Millionaire Fair holds shows around the world. But thanks to booming oil prices and Russia's nouveaux riches, the Moscow event had become the jewel in the crown. No wonder. According to the 2008 World Wealth Report by Merrill Lynch and Capgemini, Russia is home to one of the world's fastest-growing populations of millionaires. Last year the number of Russian "high net-worth individuals" (people with a worth of more than $1 million, excluding their primary residence) reached 136,000, a 14% rise over...
Nine and a half million people worldwide were millionaires in 2006, an 8.3% increase over 2005, according to the annual World Wealth Report, put out by Merrill Lynch and consulting firm Capgemini...
...development as a prime example: R&D centers, once kept close to domestic headquarters, have been springing up around the world as companies seek to lower product-development costs. China and India are attracting the most investment dollars, but other locations are also rapidly emerging. For example, Motorola, Capgemini and Delphi are all setting up R&D centers in Krakow, Poland. Companies accustomed to keeping their R&D operations at home may end up missing important opportunities, says Spelman, because innovation is no longer confined to traditional research havens such as Silicon Valley. He points out that...
...industry jargon, "high-net-worth individuals" (HNWIs)?people with fortunes of at least $1 million. The number of Asians who attained that status hit 2.4 million last year, up 7.3% from 2004, according to the 2006 World Wealth Report by Merrill Lynch and human-resources firm Capgemini. That compares with 2.8 million HNWIs in Europe, where the growth rate last year...
...Last year, Asia's HNWIs were worth a total of $7.6 trillion, according to Merrill Lynch and Capgemini. That large number belies popular misconceptions about the private-banking industry. To the uninitiated, private banking is an exclusive little world of secret Swiss bank accounts and starchy "wealth advisers" plotting corporate takeovers and tax dodges with their superwealthy clients over lobster and Ch?teau Margaux. While the banks do offer many perks, it is no longer such a rarefied niche market. For many financial institutions, private banking is increasingly crucial to the bottom line. For example, 46% of Credit Suisse's pretax...