This is how the rich now plan their investments in 2023

This is how the rich now plan their investments in 2023

Porsche at the UBS headquarters Wealthy clients are realigning their securities accounts. (Photo: Bloomberg) frankfurt Following key interest rate hikes by central banks and a consequent collapse in bond and stock prices, wealthy clients of major Swiss bank UBS are resetting their securities accounts. They are more exposed to interest rate values ​​at the expense … Read more

Lawyers only find a fraction of company assets

Lawyers only find a fraction of company assets

FTX Insolvency specialists complain about the poor quality of internal controls and records at the cryptocurrency exchange. (Photo: Reuters) New York Bankruptcy specialists working to unravel the collapse of Sam Bankman-Fried’s FTX Group have said they are having trouble locating the company’s declared assets in the form of cash and cryptocurrency. Experts also complain about … Read more