Bund yield rises further as Berlin struggles with budget deal
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.
Wall Street looses patience with Trump
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.
German economy can grow 5% in 2026, says IW economist
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.
J. Safra Sarasin takes control of Saxo Bank in €1.1 bln deal
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.
Bund yields spike after Merz vows ‘whatever it takes’ on defence
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.
EFG, Edmond de Rothschild signal accelerating consolidation
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.
Luxembourg unveils new sustainable finance strategy
The Luxembourg Sustainable Finance Initiative (LSFI) has launched its Luxembourg Sustainable Finance Strategy 2030, outlining its vision for advancing sustainable finance in the country over the next five years.
Stock exchanges face scrutiny over soaring data fees
European stock exchanges are becoming increasingly reliant on selling market data to offset declining trading revenues, a trend that industry experts warn could hinder market growth and innovation.
Norway’s €1.7 trillion wealth fund in conflict with Musk over pay
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 $50 billion pay package.
World teeters on brink of geopolitical and environmental crises, warns WEF
The world faces mounting challenges in 2025, according to the latest Global Risks Report published by the World Economic Forum.