Observations
Jun 10, 2025Saudi Arabia’s Public Investment Fund (PIF) has said it will no longer invest in Swiss financial markets, citing a loss of trust following the merger of Credit Suisse and UBS in 2023, as reported by Bloomberg.
Observations
Mar 07, 2025In a blog post published earlier this week, Michael Clements, Director of Financial Markets and Community Investment at the US Government Accountability Office (GAO), argues that regulators failed to act upon clear signs in the lead-up to the 2023 bank failures and explains what they may do to prevent similar failures going forward.
