News

Luxembourg, which hosts more than a quarter of all assets held in European investment funds, has raised a red flag over fresh European Commission plans to create a single supervisor for financial services.

“Active management is back.” That was the message from Philippe Setbon, CEO of Natixis Investment Managers, at the firm’s Thought Leadership Summit in Paris on Thursday.

Luxembourg’s Prime Minister Luc Frieden has urged European leaders to cut regulatory complexity and mobilize private capital to address the continent’s economic and security challenges, arguing that excessive bureaucracy is stifling investment.

Nasdaq is preparing to extend its trading hours, aiming to introduce 24-hour, five-day-a-week trading by the second half of 2026—pending regulatory approval.

The German Bund yield continues to rise as Berlin struggles with Friedrich Merz’s planned budget deal. Investors are closely following the impasse between the CDU/CSU and the Greens.

It was the day Wall Street lost patience with President Donald Trump. Monday’s selloff was swift, messy, and impossible to recover, as investors recoiled from a tech slump, tariff-inspired fears, and fresh jitters over the economy.

When Friedrich Merz echoed Mario Draghi’s ‘whatever it takes’, he signalled a historic shift: economist Michael Hüther explains Germany’s big bold bet on infrastructure and defence.

Saxo Bank has a new majority shareholder: Swiss private bank J. Safra Sarasin, part of the Brazilian J. Safra Group. The private bank is acquiring the stakes held by Chinese automotive group Geely and Finnish asset manager Mandatum, taking its ownership to 70 percent.

World financial markets remained in a radical readjustment phase on Thursday as the implications of Germany’s fiscal shift continued to reverberate across global debt markets.

Separate moves by Swiss-based EFG and Edmond de Rothschild highlight the intensifying competition among firms seeking scale and specialisation in a rapidly evolving sector.