Page 1291 


Wealth Flees Switzerland For Shelter in Singapore

Moldy Swiss Cheese

Thanks in part to its generous tax regime, Singapore has been a millionaire haven for years. But a new report says the tiny island state may soon overtake Switzerland as the world's largest offshore wealth hub.

Blackstone Chief Starts $300m China Scholarship

Stephen Schwarzman

Stephen Schwarzman, the billionaire chairman of Blackstone Group, is setting up a $300m scholarship for foreign students to attend China’s Tsinghua University, the alma mater of senior officials including President Xi Jinping.

A Nicer Nest At Barclays For Jenkins, Without Cuckoo Ricci

Antony Jenkins Barclays

"From the moment those parasitic little bundles enter your world they spend the next 20-odd years laying claim to everything in it. They want this. They need that. And if you don't give it to them, well, obviously it's because you don't love them enough. But at some point you have to start looking after your own interests."