The AI landscape is in turmoil. A little-known Chinese company has developed an AI chatbot that rivals market leader OpenAI’s technology but at a fraction of the cost. This comes at a time when US tech giants have committed billions to AI investments—an …

Last week, the Federal Reserve unanimously decided to leave interest rates unchanged. This decision no doubt ran counter to the instincts of the US president, who has repeatedly called for immediate and sharp rate cuts. He justifies this stance by …

Private banking stands at a pivotal moment, as institutions navigate the balance between technological innovation and the fundamental human relationships that define wealth management. While digitalisation offers efficiency and scalability, it cannot …

Norway’s sovereign wealth fund, the world’s largest asset manager, has become embroiled in an escalating conflict between CEO Nicolai Tangen and Elon Musk, after recently released text messages revealed a heated exchange over Tesla’s pay package. While …

Romeo Lacher will step down as chairman of Julius Baer at the bank’s annual general meeting in April 2025. A successor will be nominated for election in March 2025. Lacher has served as chairman since 2019 and is currently chairman of SIX Group and …

Measures intended by Finance Minister Gilles Roth to improve “talent attraction and retention” for Luxembourg firms were adopted without material changes by this country’s parliament shortly before Christmas. Now law, this legislation, which among several …

A recent analysis of portfolio allocations reveals the stocks most favoured by top-performing equity managers globally. The report, produced by Citywire, ranks the popularity of shares based on holdings data from high-conviction investors. Alphabet , the …

The Luxembourg government on Monday unveiled its 2030 roadmap for developing the financial sector, placing financial innovation at the centre of its ambitions to remain a leading global financial hub. Climbing the international financial-sector value …

The latest Luxembourg Fund Governance Survey, conducted by PwC Luxembourg in partnership with the Luxembourg Institute of Directors (ILA), has revealed that while strides have been made in governance practices, significant disparities remain across …

Global emerging markets local currency bonds had a tough 2024, but two standout strategies—Capital Group and Colchester—weathered the storm with distinct approaches. Morningstar analysis reveals the key differences driving their results. The year 2024 …

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The Fed, Trump’s intuition, and Von der Leyen’s policy reversal

Private banks keen to embrace tech without undermining values

Norway’s €1.7 trillion wealth fund in conflict with Musk over pay

Transfers: Romeo Lacher to step down as chairman of Julius Baer

Bold move: Massive tax cuts for ‘impats’ to boost financial hub

The top 10 stocks that the world’s best investors are buying

Luxembourg wants to climb the value chain in finance

Alternative fund governance in Luxembourg needs improving, PwC-ILA survey shows

Morningstar: Capital Group vs Colchester in global EM bonds