Europe’s crazy aversion to equity Firms in Europe largely rely on cash reserves and reinvested profits for their financing, while debt is their main source of external finance. They rarely consider external equity. Find out why.
Podcast: A Dictionary of Finance What is the difference between a bank’s back office and a restaurant’s kitchen? It has something to do with steak tartare and marshmallows. Subscribe to this humorous weekly podcast that explains finance and economics in a way that everyone can understand.