UBS Sees Won Strength Ahead On Balance Of Payments Flows: USD/KRW Outlook

The post Europe’s Vault Amid America’s Strategic Retrenchment appeared on BitcoinEthereumNews.com. A photo taken on January 22, 2018 shows the UBS logo in Zurich. – Swiss banking giant UBS reported on January 22, 2018 that its profits plummeted 63 percent last year due to US tax reforms that hit fourth-quarter earnings. It said annual net profit dropped to 1.16 billion Swiss francs (900 million euros, $1.01 billion) for the year. (Photo by MICHELE LIMINA/AFP via Getty Images) AFP via Getty Images The future of European security has become one of the central geopolitical questions arising from Washington’s strategic retrenchment. America’s emerging burden-sharing and burden-shifting policy will compel European powers to construct a new continental security architecture – a formidable undertaking given Europe’s fractured strategic history and uneven military capabilities. Within this evolving landscape, Switzerland’s longstanding posture of neutrality and its position as Europe’s vault c

Global banking behemoth UBS is saying that trillions of dollars are set to be inherited over the coming decades. In a new report, UBS says that $83 trillion in private wealth across the globe will be transferred to new beneficiaries over the coming two to three decades. According to UBS, this will mark the “largest […] The post ‘Largest Transfer of Wealth in Modern History’: $83,000,000,000,000 in Private Wealth To Change Hands Globally Over Next Two to Three Decades: UBS appeared first on The Daily Hodl.