In order to settle the class action suit filed by customers dated 2017, Wells Fargo is paying about $386 million. In 2017, several customers filed a complaint accusing the bank of forcing auto insurance without their knowledge, as part of...
Kirill Dmitriev, the chief executive of the Russian Direct Investment Fund (RDIF), has responded to the U.S. claim that China’s Huawei presents a national security threat. On a report published by CNBC on Friday, June 7, the Russian Direct Investment...
President Donald Trump is not eager to back down on the US-China Trade War and said would increase tariff for another $300 billion ‘if necessary.’ In an article published by CNBC, it is stated that Trump is also looking into...
A report by the Federal Reserve revealed that the wealth of United States households increased compared to last year’s figure, says US News. After suffering from a significant fall in 2018, US household wealth finally surges back up by...
Forbes recently announced Robyn Rihanna Fenty as the wealthiest female musician in the world with an asset of $600 million. Her fortune stems from various sources including her career as a singer, her cosmetic line and soon, her designer...
Swiss company Unigestion is planning to penetrate the United Kingdom market with a wealth management service, says Investment Europe. The firm’s London location acknowledged in the sector coordinating with local authorities and pension fund companies. UK and Ireland head Lloyd...
The world’s most priced SUV wowed attendees of the New York Auto Show, with a whopping price tag of $1.9M. The Karlmann King, an Italian armoured car with a Ford F-550 base and a fully customized interior is the highlight...
HSBC Holdings PLC, one of the leading banking and financial services company in the world, announced its plan to expand its wealth staff in Singapore, following the company’s plot to boost its Asia retail wealth management to about 300...
Dubbed as one of the richest women in the world, MacKenzie Bezos, who is worth a whopping 35 billion dollars, promises to donate half of her wealth to charity. Bezos’ plan comes after her divorce from Amazon founder Jeff...
Xiao Jianhua was last seen at a luxury hotel in Hong Kong on the Lunar New Year. Two years later, the business tycoon is still missing but his businesses are starting to decline due to massive liabilities. Xiao is charged...

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