Banking giant DBS Bank unveiled Tuesday, Nov 5, a new mobile app designed for wealthy clients called i-Wealth.
In a media event joined by local actor Louis Koo and actress Jessica Hsuan, the bank presented a live demonstration on how...
The fortunes of the US Top 1% are on the brink of reaching the combined wealth of the country’s middle class and upper-middle-class, said Bloomberg. The report revealed that the “historic low-interest rates” allowed the richest households to accumulate...
A New York state judge ordered President Donald Trump to pay $2 million in settlement to resolve a civil lawsuit against Trump Administration, on the alleged ‘unlawful coordination’ with his 2016 Presidential campaign.
Last Nov. 7, 2019, Trump said that...
Experts say that the lifestyle and consumption of the society’s 0.01% is a contributing factor in the on-going climate crisis experienced throughout the world. The Australian reported that scientists consider the human activity as an important factor that contributes...
Minneapolis-based Wealth Enhancement Group announced Thursday, Oct 31, it has entered into a definitive agreement to acquire New York-based RCL Advisors.
In a press release, Wealth Enhancement Group said the acquisition is aimed to bolster its footprint in the New...
In a blog post dated Friday, November 1, 2019, Google announced its acquisition of fitness tracking company Fitbit. The tech company acquired the wearables brand for $2.1 billion. News of the tech giant’s acquisition comes days after Reuters revealed...
American fast-fashion retailer Forever 21 is officially closing 200 stores following its bankruptcy announcement last September.
The retail giant admits that the store leases have hurt the company’s revenue, in addition to the emergence of online shopping. The company has...
Time reported that the current protests in Chile that have been raging since last week is the result of the “stunning” wealth disparity in the country. Led by Chilean youth, the uprisings are spurred by the recent increase in...
French fashion conglomerate LVMH offered to buy Tiffany & Co. for $14.5 billion. The fashion giant confirmed its interest in the New York-based jeweler last Monday, October 28, 2019.
According to Reuters, the company’s offer comes as Tiffany & Co....
Australian software solutions provider Bravura announced Monday, Oct 28, it is set to acquire leading microservices provider, FinoComp, for $25 million.
In a press release, the software company said that the latest acquisition deal is expected to help Bravura develop...
