It’s been tagged as the biggest deal banking in the world since the dark days of 2008. The UBS takeover of Credit Suisse. But the imminent collapse of Credit Suisse which preceded it also tarnished the reputation of Switzerland’s banking credibility. The deal creates a wealth management group with a $1.6 trillion balance sheet, effectively […]
2008 Financial Crisis
The Fintech reckoning was bound to happen. The industry has been growing steadily since the 2008 financial crisis, but the COVID-19 pandemic was the leading enabler of forced integration into a fragile economic situation. The quicker they climb, the harder they fall. Financial technology (Fintech) has been a growing industry since the late 1960s, even […]