Comment & Analysis

5161 articles found

With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises

The artificial intelligence boom has propelled Palantir’s market value to roughly $322 billion—and pushed CEO Alex Karp‘s net worth to about $15 billion. But the 58-year-old has just warned that the wealth imbalance generated by AI is only going to get worse.   “The biggest problem in this country is [AI] will raise the standard […]

Redemption of UBS Group AG senior unsecured notes

UBS has announced its intention to redeem the total outstanding US$1,750,000,000 Fixed Rate/Fixed Rate Callable Senior Notes due August 2027 with ISIN US902613AS79 / USH42097DK09 (the "2022 Senior Notes”) on the optional redemption date, 5 August 2026. The last trading day of the 2022 Senior Notes will be 3 August 2026.    The 2022 Senior […]

Passion assets: challenges, structures, and trends

Passion assets, including art, classic cars, jewellery and watches, fine wine, yachts, and aircraft, represent a unique segment of private wealth.   Despite the diversity of these asset types, the challenges associated with their ownership are often similar. For clients, these assets are not purely about financial return; they can embody personal interest, heritage, and […]

The “augmented” relationship manager: Smarter, better, faster

Private banks are navigating one of the most rapidly evolving landscapes in decades. Clients now expect hyper-personalized, real-time experiences, while digital transformation continues to redefine the rules of engagement.    At the same time, intensifying competitive pressures are forcing traditional institutions to rethink their operating models and accelerate innovation.   As The Guardian recently reported, […]

Next-gen inheritors planning $100bn in donations

Over $100 billion of the upcoming wealth transfer is expected to be directed to charitable giving, according to Morgan Stanley Wealth Management.   The firm’s report The Future of Giving, which surveyed 142 responses from high-net-worth investors and eight philanthropists, said the intergenerational wealth transfer and transfer of assets to the next generation is reshaping […]

How Vinted is making second-hand the first choice worldwide

Since its founding in 2008, the Lithuanian company Vinted has experimented, innovated, and undertaken strategic expansions to become the leading peer-to-peer second-hand fashion marketplace. Last year, Vinted became France’s largest clothing retailer, well ahead of Shein and Decathlon.   These figures reflect Vinted’s ability to harness structural trends in the retail space: the rapid expansion […]
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