As part of its strong commitment to the fight against climate change, a few days ahead of COP 24, CNP Assurances announces new goals to reduce its exposure to thermal coal, the energy source that emits the most greenhouse gases.

In recent years, technological developments, new regulations and the rise of digital savvy millennials have combined to form an irreversible trend towards innovation in the global financial sector.

Dropping twice by some 10%, as the index has this year, might seem more exceptional. But it is not that uncommon, too, when looking back in history: at least two declines by 10% or more within one year have occurred seven times since 1990.

With the Amun Crypto Basket HODL5 ETP (ticker: HODL, ISIN: CH0445689208) the Zug-based fin-tech company Amun AG launches the world's first exchange listed crypto-currency index product (ETP), a SIX Swiss Exchange product.

We suspect the architects behind “the Tulip” are giving a nod to the famous European Tulip Mania of 1637. Even if the building is never completed, there may be no more fitting end to such a long trend toward positive social mood in the U.K.