Truth in wine loss

Truth in wine loss

A major fine wine investment company known as Oeno House once boasted around 3,000 clients and promised double-digit returns on invested capital. Today, it is closing its doors within a matter of days. To understand what happened, we need to delve into the murky world...
UBS: Act Three

UBS: Act Three

On Monday, UBS rejected government proposals to strengthen banking regulations in the wake of Credit Suisse’s collapse, saying they would make Switzerland uncompetitive and arguing instead for less costly alternatives.We covered the story in our previous...
The crudest crude oil there is

The crudest crude oil there is

While Trump flexed his muscles on global crude oil markets, taking control of Venezuela’s oil sector and ordering US special forces to capture a Russian tanker in the North Atlantic, US officials held crucial talks with top energy executives in Miami on...
Year-end balance sheets

Year-end balance sheets

As usual, the end of the year is always a good opportunity to take stock and help set the course for the coming months. We too are doing our bit by identifying what we believe to be the most important issues (both positive and negative) from an economic and financial...