Raymond Frenken

Banque Havilland, a Luxembourg-headquartered private bank controlled by Prince Andrew’s longtime financial adviser David Rowland, has effectively been put out of business in Europe following a coordinated clamp-down by EU regulators amid persistent governance and money laundering issues.

After a turbulent period for Japan’s markets, marked by a sharp drop in the Nikkei and a significant surge in the yen, the Bank of Japan (BOJ) finds itself at a critical juncture.

Ritesh Jain, former chief investment officer for BNP Parisbas and Tata and founder at Pinetree Macro, spoke to Investment Officer about Monday’s market crash and highlighted the critical role of BOJ policies

The yen carry trade, a longstanding financial strategy of borrowing cheaply in Japan to invest in higher-yield assets abroad, is undergoing a rapid and disruptive unwinding.

With the recent appointment of Luxembourg branch manager Riccardo Lamanna to an executive role at State Street Bank International, the Boston-based financial services firm now is refining its European operations from Luxembourg.

Luxembourg has proposed a groundbreaking law enabling the use of blockchain technology in investment funds, aiming to solidify its position as a global financial leader.

The celebration of the 20th anniversary of the Sicar structure, Luxembourg’s first private markets fund vehicle, has underlined the need for further reforms in Luxembourg and its globally envied fund management sector.

The U.K.’s first female Chancellor, Rachel Reeves, has announced a new plan to boost private sector financing in the British economy. Infrastructure investors are encouraged.

Nomadic millionaires increasingly relocate in response to structural changes in the global economy. It means the UK and the Netherlands will millionaires move to other parts of the world by 2028, according to a report by UBS. Luxembourg, meanwhile, remains the country with the biggest number of millionaires per capita, says the Swiss bank.

Moonfare is offering a golden ticket for the masses with its new app, making private equity investing as simple as ordering a pizza.