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Wegelin Bank: When Customer Loyalty Became Fatal

A total of 271 years have passed since the establishment of the oldest Swiss bank, Wegelin & Co., until its closure. As the 13th oldest bank in the world, it has written the history of finance. In January 2013, the story was suddenly over. However, it has shaped the Swiss financial system, and her loyalty to customers has become fatal.
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Gina Rinehart: Shaping Australia’s Mining Landscape

A charismatic and tenacious businesswoman, Gina Rinehart is a prominent figure in the Australian mining industry. As Executive Chairman of Hancock Prospecting, she has cemented her position as one of the country's most influential business leaders. Rinehart's path to success is a testament to her unwavering determination and ability to navigate the complexities of the mining world.
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Climate Change As A Challenge For Insurance Companies

Thunderstorms, droughts, and floods are becoming increasingly severe. One of the world’s leading reinsurers, publicly listed company Munich Re, expects that the insured natural disaster damage will exceed the mark of a hundred billion US dollars. The group warned about the consequences of man-made global warming 50 years ago. What causes climate change? This is the crucial question of today. There is another one for insurers: what are the consequences?
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Private Equity’s New Role In Banking

Private equity firms have emerged as significant players in the banking sector, marking a notable shift in the dynamic world of finance.
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Family Dynasties Who Shaped The City Of Hamburg

For centuries, the family dynasties have determined the economic, political, and social life of Hamburg. Their names are on the Hansestadt buildings, street signs, and foundation posters. Family activities and business have brought the city and themselves great prestige and immense prosperity. Some of them are mentioned in the following text.
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What Are The Most Stable Currencies In The Crisis?

Gold is often considered to be the only safe investment. Its value as a currency stemmed not only from its beauty and rarity but also from its durability. Unlike other forms of currency, such as paper or shells, gold does not deteriorate over time, making it a stable and reliable store of value. But cash or some currencies are also considered safe harbours.
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Hong Kong’s Wealth Management Scene In 2023

Hong Kong, known as Asia's financial hub, is solidifying its claim as a destination for high net worth family offices. In 2023, the city launched the Hong Kong Academy for Wealth Legacy, an academy dedicated to nurturing financial talent and fostering collaboration between family offices and wealth management professionals. With the support of industry leaders and the government's commitment to attracting new family offices, Hong Kong is poised to manage the lion's share of Asia's wealth.
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Jörg Bucherer: A Visionary Leader In The Luxury Watch Industry

Discover the life and legacy of Jörg Bucherer, the renowned chairman of the Bucherer retail chain, who recently passed away at the age of 87. Explore his remarkable journey, from taking over the family business to his strategic expansions and innovative contributions to the luxury watch industry.
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