Climate change poses significant risks to the global economy, and the financial sector is not immune to its effects. Recognizing the need to address these risks the European Banking Authority (EBA) has announced several changes to ensure that banks fully reflect climate change risks in their capital buffers. In this article, we will explore the EBA's proposed measures and their implications for the banking industry.
In the rich tapestry of Formula 1 history, these drivers stand out as the greatest champions the sport has ever seen. Their extraordinary talent, determination, and competitive spirit have left an indelible mark on the sport. From Lewis Hamilton's record-breaking success to Michael Schumacher's reign of dominance, each driver has contributed to the lore and legend of Formula 1.
Europe is getting ready for an exciting season of fintech events that will show what the future holds for financial technology and new ideas. These events look like they will be both educational and inspiring, with talks on everything from cutting-edge payment systems to the ins and outs of blockchain and Web3.
What will a successful family office (FO) look like in 2030? What challenges should FOs adapt to? The German Friedrichshafen Institute for Family Business conducted interviews with experts and surveyed family offices (FIF) in a study. Ten theses emerged that shape the image of FOs in the future.
In the global march towards carbon neutrality, Norway shines as a key player in green energy evolution, transitioning from an oil-rich realm to a leading innovator in renewable energy innovation.
Düsseldorf, the capital of North Rhine-Westphalia, is fast gaining traction as a notable financial hub in Germany. The city’s economic landscape is becoming a focal point of interest due to its pro-business policies, diverse industry base, and strategic location in Europe’s most heavily populated region. The rich financial ecosystem of Düsseldorf is not just a magnet for international investments but also a locale that aligns well with the refined lifestyle preferences of ultra-high-net-worth individuals (UHNWIs) and high-net-worth individuals (HNWIs).
What do the software company Celonis, the listed air taxi manufacturer Lilium and the HR software company Personio have in common? All three are young and successful. And they all started out as start-ups in Munich.
When it comes to billionaires and tech moguls, the books they choose to read show interesting things about their intellectual interests and goals. We learn about the reading habits of some of the most important people in the world, like Elon Musk, Jeff Bezos, and Larry Page, by looking at the books they like to read.

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