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A grim macro picture

The U.S. economy has long enjoyed what might be called a Goldilocks scenario: robust growth paired with gradually declining inflation. However, recent data suggest that those days are behind us.

Take, for example, the recent GDP figures which illustrate a stark downturn. After quarters of 4.9% and 3.4% growth, the economy slowed to a mere 1.6% annualized growth in the first quarter of this year. 

Transfer Thursday: LuxSE, EFG, Edmond de Rothschild

This week’s overview of transfers, appointments, promotions and other people news includes updates from the Luxembourg Stock Exchange, EFG Bank, Edmond de Rothschild, UEL and Mapfre.

Laetitia Hamon

Laetitia Hamon (photo), head of sustainable finance at the Luxembourg Stock Exchange, or LuxSE, has been appointed as member of the European Commission’s High-Level Expert Group on scaling up sustainable finance in low and middle-income countries.