How the Shadow Banking System Became the Reference Market
The total amount of credit provided by non-banks already exceeds $100 trillion and poses some overlooked systemic risks. This has real consequences for long-term investors.
Switzerland can regain «tax-appeal» with Swiss trusts
Since 2009, Switzerland lost its dominant position in offshore private banking to competing jurisdictions such as the US, UK and China. With a 100% Swiss trust, some lost ground could be recovered.