We need look no further than Turkey to understand the potential disaster faced by countries unable to keep up with general obligations. With dwindling foreign reserves of any kind and hefty debt, the country is forced to turn to allies for help, including U.S. swap lines. With tourism effectively halted, the country faces a significant risk of defaulting on its obligations in the coming months.
This is the second story in a series of articles dedicated to Bow Sailing and its students, non-profit organization supported by Scandinavian Capital Markets as part of its corporate social responsibility act.
Michael Buchbinder: I knew my passion was building a company with Arif. We would talk every morning for nearly seven months about how to create our own brokerage. Finally, we took the leap. Our endeavor actually started with just one client. We owe a lot to them for enabling us to develop white-label technology and build our business. Between Arif's contacts within wealth management and mine with experienced traders... it was a synergy that worked perfectly.
Baruch College Adjunct Professor Kiana Danial wants women involved in their financial future. An active educator, mentor, and speaker, she brings practical tools and insights that enable women to take charge of their money.