Asia
China continues to dominate US in billionaire rankings
Beijing ahead of New York as it is named city with most UHNWs for the fifth year running
SJP bucks trend of anaemic growth among DFMs despite scandals
Woodford holdings and sales perks fail to derail flows at FTSE 100 wealth firm
Shareholders to sue Australia’s IOOF
As they claim to have suffered financial loss due to alleged corporate misconduct
Calls for Prudential to spin out US and Asia businesses
Second largest shareholder argues combination of PruAsia and Jackson has ‘no strategic rationale’
Hong Kongers to buy insurance without meeting intermediary
To avoid unnecessary contact and reduce risk of spreading the coronavirus