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...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 banking profit in the second quarter of this year was generated...

Author: /time Magazine | Title: Bespoke Banking | 8/21/2006 | See Source »

...Tropez, he helped transform the French fishing port into a magnet for the jet set. These days, just about everyone else is drawn to "St. Trop" (around 100,000 visitors swarm the town each day in high summer)?but not during the fall, when hotels like the 19th century Ch?teau de la Messardi?re offer palatial rooms at almost half the peak-season rate. You'll also enjoy crowd-free beaches, no-hassle dinner reservations and blowout boutique sales...

Author: /time Magazine | Title: Off-Peak, On Budget | 7/2/2006 | See Source »

...further intoxicate the senses. An exhibition, "Passion for Art, Passion for Wine," will draw from private collections around Bordeaux and include works by Pablo Picasso, Niki de Saint-Phalle and Bernard Pag?s. Visitors thus get a chance to both taste and see how wine producers and art collectors like Ch?teau Mouton Rothschild's Philippe de Rothschild spend their money...

Author: /time Magazine | Title: Cheers Leader | 6/12/2006 | See Source »

...part of the Cent Ans de la Dame tour, Baker's eldest son, Akio Bouillon, is scheduled to greet guests at the Ch?teau des Milandes?Baker's Dordogne mansion and a highlight of the eight-day itinerary. Tour participants will also attend all-day celebrations at the Village des Milandes on June 3, and spend several days exploring the diva's favorite Parisian haunts. In a city where racial tensions have recently flared again, Baker's life and example of tolerance are as relevant as ever...

Author: /time Magazine | Title: Dance of Life | 5/21/2006 | See Source »

...lowered onto a waterbed. Sant? Winelands Hotel is a 45-minute drive from Cape Town. tel: (27-21) 875 8100; www.santewellness.co.za. Another option for those with a craving for full-bodied treatments is Les Sources de Caudalie, which set up the first Vinoth?rapie Spa in 1999 at the Ch?teau Smith Haut Lafitte vineyard, a 20-minute drive from Bordeaux in France. tel: (33-5) 57-83-82-82; www.sources-caudalie.com. And if the thought of bathing in wine doesn't immediately make sense, ask yourself: Could it really be worse than...

Author: /time Magazine | Title: Here's to Your Good Health | 7/25/2005 | See Source »

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