01/31/2022

Alexander's Winter Letter 2022

My last Winter Letter spelt out what we mean by our purpose of ‘Good Bankers and Good Citizens’. It was heartening to learn from our recent survey that so many customers appreciate our purpose-driven stance.

01/31/2022

Spoiler Warning byTim Price

Note that while that debt is concentrated in the western economies, indebtedness is essentially a universal condition.

01/28/2022

Gold – Increasing downside risks - UBP

Gold has traded quite strongly, considering – although this is likely also explained by commodity index rebalancing, which normally starts in January.