Financial News

Chanel Heir Tops Switzerland’s Wealth List at $48B Amid Luxury Boom

GĂ©rard Wertheimer, co-owner of Chanel and a diversified investor in racehorses, wineries, and more, has surged to become Switzerland's richest…

56 years ago

Formerly Valued at $47 Billion, WeWork Files for Bankruptcy

WeWork, a former office-sharing giant, has filed for Chapter 11 bankruptcy in New Jersey, with a focus on restructuring and…

56 years ago

JP Morgan Settles Epstein-Related Lawsuits for $75 Million

JP Morgan Chase, the renowned financial institution, has successfully reached settlements with the US Virgin Islands and its former executive,…

56 years ago

Global Debt Reaches Record $307 Trillion in 2023, According to Institute of International Finance

In a recent report by the Institute of International Finance (IIF), global debt has skyrocketed to a staggering $307 trillion…

56 years ago