Pursuits
Billionaire Sees Switzerland Losing Luster for Rich
- Expects wealthy investors to move assets to Singapore, Dubai
- Says he’ll consider buying distressed properties post-Brexit
Hinduja Looks to Buy Distressed Assets in India
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Switzerland’s importance as a private banking hub will shrink after the country increased its tax transparency, according to Indian billionaire Gopichand Hinduja, one of four brothers who control the family’s Hinduja Group conglomerate.