Re:Alibaba acquires Berlin-based data Artisans for $103M
by athrun on Tuesday January 08, 2019 @06:21AM
(#18854786)
This article from The Economist touches on this topic.
“Banks cannot use deposits in one country to lend in another, because national regulators do not want to be on the hook for loans to improvident foreigners. An eu-wide deposit-guarantee scheme would allay that fear, but has yet to be agreed.”
https://www.economist.com/briefing/2019/01/05/the-euro-enter...
Europe has more than a few multi-national, global banks.
Also, my own pension is invested in the stock market. That's the norm for employer-provided pensions.