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The gift of giving: Why increasing philanthropy in Asia is good news for private banks

A quarter of high net worth individuals globally say  charity is a top spending priority, according to a survey of 2,000 high net worth individuals by Barclays Wealth. Traditionally, the US has dominated international philanthropy with the country’s contributions totalling US$225 billion in 2009. However the prolific growth of wealth in Asia has also led to a corresponding boom in…

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