Is there any place in the world, where good governance and economic growth are obvious? Where the best global practices are adopted? Fourteen years ago, the US economist Paul Romer introduced his theory of charter cities.
In the beginning, it was known as Schweizerische Kreditanstalt. Through successes and crises, Credit Suisse has helped write and shape Switzerland's modern financial history. It has survived for almost 167 years, from the 19th to the 21st century. The end of Credit Suisse goes hand in hand with an epochal break.
Bank insolvency is a pressing issue with global financial implications. When a bank fails, it disrupts the economy and affects individuals and businesses. In the past few years, well-known bank failures like Signature Bank, Bear Stearns, and Lehman Brothers have shown what reasons and results such failures have. This piece looks at these cases and talks about what went wrong and what lessons can be learned from them.
If you look at the predictions from a few years ago about the size of the assets that the asset and wealth management (AWM) industry will manage today, you'll realize that some predictions simply aren't coming true.
Roche, a renowned Swiss multinational healthcare company, has established itself as a dominant force in the pharmaceutical industry. With a rich history and a strong commitment to innovation, Roche has become a leading player in the "big pharma" industry. In this article, we will explore Roche's core business, its recent economic results, and its unique selling points.
Buying owner-occupied real estate in Zurich now costs over 50% more than a decade ago in nominal terms. An increasing number of high-income earners and ultra-low interest rates supported rising prices. The price level has not yet adapted to increased financing costs. As the latest UBS Global Real Estate Bubble Index 2023 notices, together with Tokyo, only these two cities remain in the bubble risk category.
Navigating the complexities of the global financial landscape can be a daunting task, even for the savviest Ultra-High Net Worth Individuals (UHNWIs) and High Net Worth Individuals (HNWIs). The Swiss banking system, long associated with financial stability, privacy, and world-class services, provides an ideal opportunity for those who understand how to take advantage of it. But what makes Swiss banks so unique, and how can UHNWIs and HNWIs capitalize on these features to improve their wealth and financial security?
Why are billionaires and people with a lot of money running to Monaco? Why do rich people from all over the world come to this tiny Mediterranean country?

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