Park­ing Wealth Off­shore

The Economic Times - - Break­ing Ideas -

Switzer­land re­mained the lead­ing off­shore book­ing cen­tre in 2014, with $2.7 tril­lion in wealth from abroad, ac­cord­ing to a BCG re­port. Switzer­land was fol­lowed by the Chan­nel Is­lands and Dublin ($1.6 tril­lion), and the Caribbean and Panama ($1.3 tril­lion). But the re­port noted that fast-de­vel­op­ing Asia-Pa­cific cen­tres Sin­ga­pore and Hong Kong were ex­pected to gain promi­nence in the com­ing days un­less the old-world des­ti­na­tions, mainly Switzer­land, rein­vented them­selves…

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