News

NATO’s top military commander, admiral Rob Bauer, has urged the European Investment Bank (EIB) to expand its support for the defence sector, pointing out that the EIB’s current restrictions limit Europe’s security capabilities at a critical time.

In a move set to shake the corridors of Washington, president-elect Donald Trump has appointed Tesla’s CEO Elon Musk and entrepreneur Vivek Ramaswamy to lead a new “Department of Government Efficiency,” or DOGE.

Luxembourg startups Vinesia and Ignisign this week head to Lisbon’s Web Summit, showcasing innovative solutions in fine wine investment and secure e-signatures amid Europe’s bustling tech scene.

The Luxembourg financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has issued administrative fines to five alternative investment fund managers for failing to comply with anti-money laundering and counter-terrorism financing (AML/CFT) regulations.

The Republicans won the popular vote, regained control of the Senate, and are nearing a majority in the House of Representatives. This is bad news for Fed Chairman Jerome Powell, with whom Donald Trump has a score to settle.

Believe it or not, Donald Trump’s return to the White House might just be good news for Europe’s fixed income markets. While U.S. investors brace for renewed protectionism and inflation risks, Europe’s debt landscape is showing signs of resilience—possibly even appeal.

With Donald Trump being re-elected, European leaders are bracing for a seismic shift in transatlantic relations. French President Emmanuel Macron and German Chancellor Olaf Scholz on Wednesday were swift to pledge a new path forward, stressing the need for a stronger, more self-reliant Europe.

The unexpected re-election of Donald Trump as President of the United States delivered an immediate shake-up on Wall Street Wednesday, creating clear winners and losers across sectors. Small-cap stocks surged while renewable energy and long-term bonds took a significant hit, reflecting investor expectations of a shift in economic and regulatory policies.

This week’s overview of transfers and appointments in the fund and asset management community in and outside Luxembourg includes updates from Carmignac, CMS Luxembourg, and Mainstreet Partners.

Financial markets are reacting with both trepidation and anticipation to Donald Trump’s victory in the 2024 US presidential election. The so-called ‘Red Sweep,’ which also sees Republicans take control of Congress, has investors bracing for substantial shifts in the US economic and political agenda.