Credit Suisse Collapse: Regulator Failure Exposed

Credit Suisse Collapse: Regulator Failure Exposed

Credit Suisse ‍Collapse: Swiss Oversight ‍Under Scrutiny The stunning collapse of​ Credit ⁢Suisse ‌in​ 2023⁣ sent shockwaves⁢ through the global⁢ financial system, narrowly⁤ averting a potential crisis. A recent ‍report reveals‍ significant shortcomings ⁣in ⁢Swiss ⁣regulatory oversight, raising concerns about the effectiveness of international​ banking safeguards. The swiss ⁣Financial ⁢Market Supervisory Authority (FINMA) ‍released a … Read more

Mandarin Oriental Expands with Acquisition of Iconic Paris Hotel Lutetia

Mandarin Oriental Expands with Acquisition of Iconic Paris Hotel Lutetia

Mandarin Oriental, the renowned Asian luxury hotel group, is setting its sights on Paris with ambitious expansion plans.​ The ​group,known for its​ opulent properties worldwide,aims too double ‍its global presence within the next​ decade,with a ⁤particular focus on the City of Lights. “Parisian attractiveness ⁢is ‌phenomenal,”‍ enthuses ‍Laurent ‌Kleitman, the general director of Mandarin Oriental, … Read more

Généthon on the verge of finding a treatment for Duchenne muscular dystrophy

Généthon on the verge of finding a treatment for Duchenne muscular dystrophy

DECRYPTION – The AFM-Téléthon galaxy laboratory needs 115 to 120 million euros to complete its development. Seeing little Sacha, Telethon ambassador, running down the stairs, it’s hard to imagine that he couldn’t run or jump just two years ago. At 8 years old, he is one of five children suffering from Duchenne muscular dystrophy to … Read more

Boeing hit by gunfire before takeoff in Dallas

Boeing hit by gunfire before takeoff in Dallas

By TD Published 1 hour ago, updated at 5:37 p.m. ” data-script=” > A Southwest plane had to return to the gate after being shot Friday evening. No injuries were reported. A Boeing 737-800 of the American company Southwest Airlines was hit by a shot at Dallas airport this Friday, November 15, as it was … Read more

Flixbus, BlaBlaCar… How “Macron cars” became profitable

Flixbus, BlaBlaCar… How “Macron cars” became profitable

Since the end of the pandemic, the leader Flixbus, and its challenger, BlaBlaCar, have been doing well by increasing frequencies on popular routes rather than opening new destinations. A restart in Diesel mode. Like airlines rather than trains. From the summer of 2022, the SNCF recorded record attendance on its TGV and Intercités trains (23 … Read more

French courtroom confirms arrest warrant towards Syrian president

French courtroom confirms arrest warrant towards Syrian president

Madrid. The Paris Court docket of Enchantment has upheld an arrest warrant issued in November final yr towards Syrian President Bashar al-Assad for his alleged complicity in struggle crimes and crimes towards humanity in reference to the chemical weapons assaults carried out in Jap Ghouta in August 2013. The French public prosecutor’s workplace had appealed … Read more

US Office Real Estate Crisis: Only Two New Skyscrapers Inaugurated in New York by 2025

US Office Real Estate Crisis: Only Two New Skyscrapers Inaugurated in New York by 2025

In New York, for the first time in decades, only two new skyscrapers will be inaugurated by the end of 2025. Reuben Teo Jia Chyau/ReubenTeo – stock.adobe.com DECRYPTION – Employees’ refusal to return to the traditional way of working prior to the Covid pandemic persists. For the US office real estate market, the prospects for … Read more

Kering’s Acquisition of 10,700 Square Meter Building on 5th Avenue in New York for 963 million dollars

Kering’s Acquisition of 10,700 Square Meter Building on 5th Avenue in New York for 963 million dollars

By Le Figaro with AFP Published 2 hours ago, Updated 10 minutes ago Kering’s investment is estimated at 885 million euros. ERIC PIERMONT / AFP The French luxury group has acquired a 10,700 square meter building, described as a “new step in (its) selective real estate strategy”. The French luxury group Kering announced this Monday … Read more

BNP Paribas Personal Finance Amicable Solution with CLCV After Deceptive Commercial Practices Appeal

BNP Paribas Personal Finance Amicable Solution with CLCV After Deceptive Commercial Practices Appeal

By Le Figaro with AFP Published yesterday at 07:11, Updated yesterday at 09:26 At the end of November, BNP Paribas Personal Finance (BNPPF) was found guilty on appeal of deceptive commercial practices and concealment, for having concealed the risks of its Swiss franc loan Helvet Immo Florence Piot / stock.adobe.com The French bank found an … Read more

BNP Paribas Reaches Settlement in Helvet Immo Case with CLCV Consumer Association, Costing Up to 600 Million Euros

BNP Paribas Reaches Settlement in Helvet Immo Case with CLCV Consumer Association, Costing Up to 600 Million Euros

It’s time to reach a consensus. Following his conviction on appeal at the end of November in the Helvet Immo case, BNP Paribas found an amicable solution with the CLCV consumer association, which could cost between 400 and 600 million euros. The consumer protection association Consumption, Housing and Environment (CLCV) “found, at the proposal of … Read more