Author: protecos

Ortega owns about 59 percent of the company, which has a $103 billion market cap. Today, the company includes brands like Bershka, Massimo Dutti, Pull&Bear and Stradivarius. A spokesperson for Mr Ortega says the scale of his success has rather taken the company’s founder by surprise. Mera, a trained psychologist, lives in the same coastal… Continue reading Zara Owner Ortega Has Built a $17 2B Real Estate Empire

Ortega owns about 59 percent of the company, which has a $103 billion market cap. Today, the company includes brands like Bershka, Massimo Dutti, Pull&Bear and Stradivarius. A spokesperson for Mr Ortega says the scale of his success has rather taken the company’s founder by surprise. Mera, a trained psychologist, lives in the same coastal… Continue reading Zara Owner Ortega Has Built a $17 2B Real Estate Empire

Supervisory authorities enforce these regulations and monitor banks to ensure compliance. Central banks are responsible for implementing monetary policy and overseeing the stability and functioning of the financial system. They also act as lenders of last resort to ensure liquidity during times of crisis. Insurance is another important subsector of the financial services industry. Overall… Continue reading Financial System Overview, Components, Example