Europe

What are AT1 bonds, and why are they risky?

AT1 bonds are popular among European banks as a way to build up safety buffers. While AT1s pay high interest to bondholders, their mechanics can make them a risky investment.

Happiest countries in the world for 2023

The U.S. was 15th in rankings from the 2023 World Happiness Report. The report, which was published on Monday, said Finland and Denmark took the top two spots, respectively.