The following is an excerpt from Asian Private Banker’s Bottom Line newsletter – an essential rundown of all of the past week’s essential news and views on the region’s private banking industry. Bottom Line is available to all APB subscribers. On Wednesday, the UK’s Labour government announced that it would raise taxes by about GBP 40 billion (US$51.6 billion) annually…
Bottom Line: Ronnie O’Sullivan’s Hong Kong move is right on cue

Ronnie O’Sullivan competes in Sofia, Bulgaria, 2017. Credit: Shutterstock
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