Making Money Make Money

Making Money Make Money

Participants at LatinFinance's annual Private Banking Round Table.There's nothing like several years of consistent economic growth to accelerate the wealth creation process, especially in Latin America where family groups own most of the region's private-sector companies and financial institutions. According to the 2005 World Wealth Report compiled by Merrill Lynch and Capgemini, the number of high net worth individuals in Latin America grew 6.3% last year and their wealth rose 7.9%. The private banking and wealth management industries are evolving rapidly. The global financial industry is becoming more sophisticated and interlinked. The needs – and expectations – of th

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