'We have a penetration of one in two billionaires in the world', Chief Executive Officer Sergio Ermotti told analysts and reporters Tuesday. 'In Asia, this was much deeper'. UBS is targeting affluent clients in emerging markets as indebted economies …

Gupta was convicted of passing inside information to hedge fund billionaire, Raj Rajaratnam. Rajaratnam was convicted at trial and received one of the longest sentences ever given for insider trading, 11 years. While Rajaratnam is currently in prison …

<em>Series premieres Sun., June 2 at 9 p.m. ET.</em> <strong>What To Know</strong>: The reality series follows six college-educated women from affluent areas of Long Island who are still living with their families. …. premieres Mon., June 10 at 10 p …

Media reports on this new study blamed all the usual suspects for America's disappointing health: poor personal health habits, inadequate access to health care, and just plain poverty. If Americans exercised … His latest book is "The Rich Don't …

Chidambaram has told ToI that the government was looking to some more “import compression”, specifically relating to goods which could be produced locally or were in the nature of luxury items. In other words, the FM was now looking at clamping down on …

The study claims women who wear luxury items and designer brands are perceived to "have a more devoted partner and as a result other women are less likely to flirt with him." Carlson School of Management Associate Professor Vladas Griskevicius and …

When women purchase Louis Vuitton handbags, Jimmy Choo shoes, Prada sunglasses and other luxury items, are they subconsciously telling other women that their spouse or boyfriend is especially devoted to them and, therefore, off limits to anyone else?

“Europe, specially France and the UK, China and Japan are large consumers of luxury items. In Europe and Japan, a dedication to quality and craftsmanship is the reason for the level of consumption, while growing incomes in China are allowing consumers …

HBC bought the up-market U.S. chain Lord & Taylor, completing the acquisition in January 2012, and shed most of its Zellers discount stores during the last couple of years to focus its efforts more and more on the luxury consumer. Saks, in the same way …