The head of the European Securities and Markets Authority, which oversees and coordinates the work of European supervisors in asset management, on Tuesday called on the industry to pay more attention to the management of increasing interest rate risks and …

As the European Union considers banning inducements (aka kickbacks) for investment advice as part of its forthcoming retail investment strategy, those who support inducements, like Luxembourg’s ALFI and the worldwide CFA Institute, but also strong critics …

Apps and online investment services have led to a new type of consumer behaviour. Bank runs go viral, introducing a new type of liquidity risk for banks and investment services. The ECB warns the threat may not be ignored. Joe Vezzani is CEO and founder …

Luxembourg’s banks, one of the biggest employers in Luxembourg’s financial sector, are engaging in staff management practices that leave many of their staff dissatisfied, especially in the area of pay, according to a representative of a union representing …

Financial services provider Apex Group on Monday said it has appointed Tony Alfonso as global head of valuation, a newly created role that will be in charge of valuation advisory services. Alfonso joined Apex in January after more than 14 years at …

So-called AT1 bonds, also known as CoCos, were in focus on Monday as shares of European banks showed significant declines in the wake of the rescue of Credit Suisse engineered by Swiss authorities by merging it with UBS. The merger package announced late …

UBS is acquiring industry peer Credit Suisse for 3 billion Swiss francs. They will pay 0.76 Swiss francs in UBS shares. The opening offer was initially 0.25 Swiss francs per share. As recently as Friday, Credit Suisse closed at a closing price of 1.86 …

After a formidable start for the capital markets in 2023, followed by the “SVB correction”, a consensus on the sense and nonsense of the 60/40 formula still remains to be found. Investment Officer takes stock again. The “neutral” 60/40 portfolio had to be …

Little is more volatile than financial markets. One minute equity markets are stumbling over yet another mountain of additional interest rate hikes by central banks, the next we are waiting to see if those same central banks need to act to prevent another …

Luxembourg is strongly enthusiastic about the prospects of the new Eltif 2.0 regime as experts here point to untapped demand for such a product in Europe. While acknowledging the oft-mentioned concerns about the lack of liquidity for retail investors, …

Esma chief tells funds to consider growing interest rate risks

Investment professionals face critics over inducements

Viral bank runs increase liquidity risks

Financial sector staff face increased stress - union

Apex appoints BDO’s Alfonso as global head of valuation

AT1 bank bonds in focus as Swiss force mass write-off

UBS, Credit Suisse merge to become Europe’s largest G-SIB

Investors scratch their heads over cursed 60/40 portfolio

Chart of the week: and then everything was different

Liquidity is not seen as a show-stopper for Eltif 2.0