Finance – Knowledge@Wharton

Knowledge@Wharton is the online business analysis journal of the Wharton School of the University of Pennsylvania.

• Lifestyles of the Rich and Infamous: The Rise and Fall of Jho Low

  A new book by Wall Street Journal reporters Bradley Hope and Tom Wright details the lavish life of Malaysian financier Jho Low, mastermind of the 1MDB sovereign wealth fund scandal.

• Passage from India: Are Immigrants a Drain on the U.S. Economy?

  The belief that immigrants represent a net burden to the U.S. economy is untrue if one considers the experience of those from India, according to this opinion piece.

• Will Deutsche Bank Survive Its Latest Crisis?

  Deutsche Bank faces its most severe test yet in the wake of police raids on its Frankfurt offices over suspicions that it helped clients launder money.