BRIC by BRIC: What is the BRICS Group, and Can it Usurp the Dollar’s Dominance?

By Jonathan Skatoff Around two decades ago, Goldman Sachs published a Global Investment Research report investigating four countries that seemed to be poised to reshape the world’s economy. The four nations (Brazil, Russia, India, and China) form the newly coined ‘BRIC’ group, which has since become integral to politicians’ and professionals’ economic vocabulary. The group…

Silicon Upstart Collapse Blows Holes in Swiss Banking System

By Laura Gilles Silicon Valley Bank (SVB) has been a leading bank for tech companies and startups since its founding in 1983. The commercial bank was based in Santa Clara, California and its specialty was technology, life sciences, venture capital and private equity financing. The bank’s mission was to provide banking services to this niche…