Tag: History

Imagine waking up on Sunday morning and finding out that there’s a gold prohibition. That you, as a private citizen, can no longer own gold coins, bullion, or gold certificates. Don’t worry about whether you actually own any of these right now. Just think about being told you “can’t”. It’s hard to even picture how […]

Exactly 25 years ago today, on February 26th, the world watched as the Barings Bank failure took place in front of our eyes. Barings Bank was one of the most prominent and well-respected banks in the history of the world collapsed. At the time of the Barings Bank failure, Barings was Britain’s oldest merchant bank […]

I’m just as surprised as you are that I’m writing about Cuba’s banking sector. But here I am, writing from my balcony in Havana. While I’ve traveled to a lot of different countries over the years, Cuba never made the cut. So I decided to make a stopover while I was visiting banks in the […]