Switzerland is populated with billionaires — there’s one for every 80,000 people. As of 2022, the country was home to an estimated 110 billionaires with a combined wealth of $338 billion, outranking other super-rich hotspots such as Saudi Arabia, Singapore and the United Arab Emirates. Swiss residents are also among the richest in the world, … Read more
The crypto field wants to upend the giants of money management. And they have a word for their revolution: “DeFi.” After a litany of crises and scandals in traditional money management, legions of computer programmers decided to throw their hat into the ring, creating new infrastructure that took banks and other institutions out of the … Read more
European retail investor participation has always been low relative to other advanced economies. Could that change? – European retail investor participation has always been low relative to other advanced economies. The recent boom in American trading activity on platforms like Robinhood has made this discrepancy even more visible. While Europe has seen retail investor participation … Read more