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When Democrat senator Max Baucus unveiled a raft of tax reform proposals on a number of issues important to high net worth families in late November last year, some Capitol Hill pundits thought there may yet be hope for some restructuring of America’s unwieldy tax regime. But Baucus’s recent nomination as the new ambassador to China seems to have torpedoed that idea.

Its not easy to join the board of the family business as a woman, especially if you have never worked in the guts of the business, but don't let timidity undermine your role as a decision maker.

Its not easy to join the board of the family business as a woman, especially if you have never worked in the guts of the business, but don't let timidity undermine your role as a decision maker – Dr Shaheena Janjuha-Jivraj has some tips.

“The world of finance hails the wheel over and over again, often in a slightly more unstable version.” Wise words from the late economist John Kenneth Galbraith, but is there any alternative to this wheel of finance? 

The controlling shareholder of one of the largest real estate companies in Hong Kong, Sun Hung Kai Properties, has handed a significant chunk of shares to two of her three sons, even though they are awaiting trial for bribery of an official.

The controlling shareholder of one of the largest real estate companies in Hong Kong, Sun Hung Kai Properties, has handed a significant chunk of shares to two of her three sons, even though they are awaiting trial for bribery of an official.

Fortunes are made in recessions, so the saying goes. But they are cemented at the start of a recovery.

Fortunes are made in recessions, so the saying goes. But they are cemented at the start of a recovery. 

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