In a recent interview with Fox News, Facebook CEO Mark Zuckerberg said that “ the government takes all ” can have bad results. Fox Business reported that the billionaire does not agree with some “policy prescriptions” in the wealth...
EP Wealth Advisors, an investment advisory and financial planning giant, announced Wednesday, Oct 16, it has acquired the San Francisco-based investment management firm, CPIC International. In a news release, the California-based RIA disclosed that the transaction was completed on October...
Stock-market trader and billionaire Charles Schwab recently decried the potentially negative effects of the wealth tax proposed by presidential candidates Elizabeth Warren and Bernie Sanders. Bloomberg reported that Schwab believes such taxes to be a “negative reward for success.” In...
The wealthiest individuals and families in Hong Kong are taking a third of their overall assets in cash as the political unrest continues in the region. According to financial experts, millionaires and billionaires already fear of recession due to the...
Mumbai-based online fashion retailer Bewakoof.com has secured $11.2 million investment in its latest funding round led by Bahrain’s alternative asset manager, Investcorp. According to a report from Tech in Asia, the accumulated fund will be used by Bewakoof to develop...
Iran announced Sunday, Oct. 13, its discovery to a new natural gas reserve in the province of Fars, which could generate 400 million barrels of gas condensate. The said natural gas field could benefit Iran with an estimated revenue of...
Russian President Vladimir Putin is scheduled to visit the Kingdom of Saudi Arabia (KSA) next week, Reuters reported. The two nations also seek to discuss the OPEC+ agreement. During his stay, Putin is expected to discuss and sign 10...
Captrust Financial Advisors pushes for an expansion of wealth management portfolio with the acquisition of Boston Advisors’ wealth firm. The Private Advisory Group was sold to Captrust, which is worth $1.5 billion of wealth management client assets. The acquisition also...
The Philippine government just lost its second case against the family and associates of late dictator Ferdinand Marcos. The ill-gotten wealth case, worth ₱1.052 billion, was junked due to “insufficient evidence", according to GMA News Online. The case versus the...
The Department of Labor and Employment (DOLE) of the Philippines offered a P5.5 million assistance fund to the recently displaced employees of Star City. The Pasay-based theme park recently suffered from a massive fire last October 2, 2019, leaving...

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