2820 results for ""
Date
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June 4, 2024
Private Banks,Investing

Quintet’s Dutch subsidiary is upbeat on Europe’s prospects

While economic growth and growth expectations for the US are leveling off slightly, the European economy appears to be strengthening. A unique moment lies ahead: the European Central Bank (ECB) may pre-empt the Federal Reserve (Fed) with rate cuts. "This …
June 4, 2024
Opinion

More market, less government

There have been many criticisms of capitalism in recent years. These were mainly attempts to get rid of neoliberalism that relied on the solving power of the free market. In practice, many neoliberals have distanced themselves from the idea of a "natural" …
June 3, 2024
Sector

Luxembourg steps up its game in New York to stay ahead of Ireland 

Amid a surge in global wealth, Luxembourg is bolstering its efforts to retain its edge over Ireland as the premier European hub for American asset distribution. The country's recent strategic push, highlighted by high-profile events in Boston and New …
June 3, 2024
Investing,Opinion

House prices defy predictions

US house prices have climbed over 6% in the past year, pushing the value of homes nearly 3% above their peak from June 2022. This increase came despite the Federal Reserve's aggressive interest rate hikes aimed at curbing rampant inflation. Clearly, the …
May 31, 2024
Sector

Luxembourg banks ready to welcome ejected ING clients

Luxembourg bankers' association ABBL on Friday said the sector is ready to accommodate clients affected by ING Luxembourg's recent decision to cease its retail banking services. This strategic withdrawal has left thousands of customers in a state of …
May 31, 2024
Products

Dividend investing 2.0: Balancing growth and yield

Dividend funds have long been a stalwart for investors seeking reliable income. Traditionally, these funds focus on stocks that offer high and dependable dividends, often from companies with strong cash flow, solid market positions, and healthy balance …
May 31, 2024
Sector,Opinion,Laws and Regulations

AI in investment services: A double-edged sword

Artificial intelligence (AI) is reshaping the financial landscape with promises of efficiency, innovation, and superior decision-making capabilities. However, as the European Securities and Markets Authority (Esma) warned this week, the integration of AI …
May 30, 2024
Laws and Regulations

Esma warns of AI risks in investment services

The European Securities and Markets Authority (Esma) issued a warning on Thursday, advising the financial sector to exercise caution in the use of artificial intelligence (AI) in investment services. While AI promises to revolutionise the retail …
May 30, 2024
Sector,Transfers

Transfer Thursday: Abrdn CEO exits, new CTO for UI

This week’s overview of transfers, appointments, promotions and other people news includes updates from Universal Investment, Gen II Fund Services, Deloitte and JP Morgan. Stephen Bird Stephen Bird (photo) has agreed to step down as CEO at UK asset …
May 30, 2024
Sector,Laws and Regulations

As mystery shopper, Esma finds greenwashing in finance

Banks and asset managers continue to make misleading sustainability claims, according to the European Securities and Markets Authority, Esma. Following an investigation into the compliance of marketing communications with MiFID II rules, Esma found that …