Widows become the object of desire for private banking
Widows have always had a reserved seat in the world of investments. The Scottish Widows investment fund was created in the early 19th century to assist women who lost their husbands in the Napoleonic wars and today manages more than 200 billion euros. In Spain, the dividends from the elevator company Zardoya were once known as “the widows’ dividend,” for being as reliable as leaving a pension.