Word: trillion
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...finds it amazing that this many years after they so carelessly scribbled this tune [QED], we find nature dancing to it at this parts per trillion level,” Gabrielse said. “We don’t get to decide what’s true. We get to decide what’s there...
Summers said that the world’s developing countries currently hold at least $1.5 trillion in excess reserves beyond what they need to cover short-term debt...
Summers said that the world’s developing countries currently hold at least $1.5 trillion in excess reserves beyond what they need to cover short-term debt...
...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...
...Chinese millionaires that it reckons are currently underserved. "With the kind of wealth that's been created in the last 10 years or so, clearly there is a lot of raw material," says Citigroup's Leung. "There's a high savings rate, just under $1 trillion in assets have been accumulated, and it looks like that number will double in the next decade or less." Citigroup expects China to become the single largest private-banking market in Asia outside Japan...