Developed-market bond markets are undergoing a long-end repricing as investors demand more compensation for financing governments. France has emerged as Europe’s pressure point, with its 10-year borrowing cost now above Italy’s. French 10-year yields …

Mounting business costs are expected to fuel further consolidation in European private banking as firms face growing pressure to achieve the scale needed to operate efficiently and remain profitable. “Rising compliance costs, stricter regulatory …

Major international asset managers want a closer relationship with retail investors, giving them greater control over distribution and customer data. The model works in the United States. In Europe, fragmented markets make the economics much harder. US …

Since 1982, central bankers and economists have gathered in Jackson Hole, Wyoming. The Jackson Lake Lodge was chosen partly because of the area’s trout streams and partly because Paul Volcker, who died in 2019, was an avid fly fisherman. The three-day …

Wall Street guru Ray Dalio made “radical transparency” famous at Bridgewater Associates, where meetings were recorded and stored in the firm’s ‘Transparency Library’ so employees could revisit who said what at any time. AI note-takers are now carrying a …

The Palais Brongniart, now an event venue in the heart of Paris, was for many years the symbol of the French stock exchange. Eric Bleines, deputy CEO of Swiss Life Private Wealth Management, looks back on his early years as a floor trader in this iconic …

European auto bonds have sold off amid weak demand, Chinese competition and rising costs, but corporate bond managers are responding differently. Morningstar this week compares Bluebay Investment Grade Bond and Evli Corporate Bond, two strategies with …

The Luxembourg law firm Arendt has launched an AI tool to help review Ucits prospectuses for regulatory compliance, cutting a process that can take lawyers weeks to mere days. After 18 months of development, Arendt has launched a proprietary AI solution …

Stijn Achten has joined Julius Baer as relationship manager and director on its Belgian desk in Luxembourg, he announced on Linkedin. He will advise wealthy families, with a focus on cross-border wealth structuring and long-term planning. Achten joins …

Federal Reserve chairman Kevin Warsh’s retreat from forward guidance is pushing forecasters to other policymakers for clues about the next move in interest rates. Veteran Fed watchers believe the dot plot has become more important than ever. Warsh’s …

Long end forces bond market reset

Private banks need at least 15 billion euro to remain viable

In Europe asset managers struggle to go direct

Financial innovation in Jackson Hole

AI notetakers put investment firms on permanent record

Trading floors: when trades in Paris were still made at full volume

Morningstar: Bluebay versus Evli as auto bonds sell off

Arendt launches AI tool to cut Ucits prospectus review times

Transfers: Julius Baer, Banking Circle, Northern Trust, Triodos, EB-Sim, Bank of Singapore

Who are Fed-watchers actually watching now?