Henry Kissinger, the former US Secretary of State, shared a close friendship with Robert Holzach, a prominent figure in the Swiss banking industry. Holzach, who held positions as the chairman and later the president of the Swiss Bank Corporation (now UBS), deeply impressed Kissinger with his unwavering commitment to democracy and integrity within the business […]
Brazilians may soon face a new tax on income derived from cryptocurrencies held on exchanges outside the country. The Brazil Senate has approved new income tax rules that would require individuals to pay up to 15% tax on earnings over $1,200 made on foreign exchanges. The bill, which has already passed in the Chamber of […]
Private Debt is a booming form of credit financing that is gaining popularity in the financial world. These loans are privately issued and traded, away from the public markets, making the transactions largely hidden from the public eye. Unlike traditional bank loans, private debt is typically provided by non-bank entities such as private equity firms, […]
The atmosphere at Credit Suisse is described as miserable, with employees expressing their dissatisfaction with the company. Outplacement and career advisors are urging employees to quickly find new opportunities to avoid appearing stagnant and unresponsive to potential employers. This situation is particularly concerning for employees over the age of 50 who have been with the […]
High-level executives are often characterized by their strong self-confidence, which can sometimes cross the line into megalomania. This phenomenon, known as imposture, can have both positive and negative effects on companies. While self-assured leaders are able to effectively convince stakeholders of their company’s strategy and inspire employees, their overconfidence can also lead to harmful decisions […]
Working remotely from abroad can present various challenges and considerations. Immigration and visa requirements are a major concern, as different countries have different regulations. For instance, working without the proper visa in Thailand can lead to deportation. Remote workers need to determine whether a tourist visa is sufficient or if an employment visa is necessary. […]
Binance, one of the leading cryptocurrency exchanges, has experienced a decline in its Bitcoin reserves as investors have been moving their funds to Coinbase Pro. This shift in reserves comes as BlackRock, a prominent investment management firm, has reportedly taken down Binance in anticipation of the approval of a Bitcoin ETF. The movement of funds […]
Nvidia, a leading technology company known for its high-performance chips, has reported strong financial results. However, the market was disappointed, and Nvidia’s stocks declined in after-hours trading. Despite this, Nvidia’s CEO, Jensen Huang, remains optimistic about the company’s future. He believes that the strong growth reflects a transition into a new era of computing, driven […]
Nvidia, a leading technology company known for its high-performance chips, has reported strong financial results. However, the market was disappointed, and Nvidia’s stocks declined in after-hours trading. Despite this, Nvidia’s CEO, Jensen Huang, remains optimistic about the company’s future. He believes that the strong growth reflects a transition into a new era of computing, driven […]
Bitcoin’s Lightning Network (LN) has been a topic of debate recently, with experts discussing its potential and challenges. Marcus, CEO of Lightspark, acknowledged ongoing efforts by companies like Lightning Labs, Spiral, and his own with Lightspark in tackling these challenges. However, he emphasized that achieving full support for non-custodial Lightning with offline reception remains a […]
