Hong Kong has overtaken Switzerland as the top global booking center for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday.

Der Schweizer Finanzplatz wächst weiter, jüngst auch dank Fluchtgeldern aus Nahost. Vermögensverwalter müssen jedoch aufpassen, dass sie nicht nachlässig werden, wie eine neue…

ZURICH — Hong Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the…