🚨 Citi partners with BlackRock

Citi will leverage BlackRock to manage part of its UHNW clients’ portfolios. Citi focuses on client relationships and advice, while BlackRock handles investments via its Aladdin platform.

Read more: www.ft.com/content/c1f2...

#WealthManagement #AssetManagement

🇱🇺 Luxembourg vs 🇮🇪 Ireland: the battle for Europe’s fund domicile crown.

Ireland has surged ahead in ETFs, but Luxembourg is fighting back with tax tweaks & regulatory changes.

Can it reclaim its lead? 🏦

🔗 www.ft.com/content/0965...

Trump's war against offshore wind- an industry dominated by European companies- is raising big sovereign risk concerns for foreign investors, even among oil and gas companies @financialtimes.com on.ft.com/3VGITFI

💥 Private credit is booming among wealthy individuals—even as institutional demand cools.
US investors poured $48bn in H1 2025, already surpassing last year. Big names like Blackstone & Apollo are leading the charge.
FT article: www.ft.com/content/0b3c...
#PrivateCredit #Investing #WealthManagement

The Wall Street bank has poached about 100 managing directors from competitors including Goldman Sachs and Citigroup since early last year, people familiar with the details told the Financial Times on.ft.com/4mGrf0A

🌍 De-dollarization is gaining pace.

Central banks bought 244 tonnes of gold in Q1 2025, pushing gold’s reserve share close to 20% while the dollar slips under 47%.

Is gold re-emerging as the world’s true safe haven? 🥇

🔗 www.investopedia.com/de-dollariza...

#Gold #Dollar #Dedollarization

Britain needs a wealth tax on property on.ft.com/4mLbuFO | opinion

🇱🇺 Finfluencers are booming everywhere… except in Luxembourg.

Why?
🔍 Concerns over unregulated advice
🏦 Blurred lines between influencer content and financial guidance

Is this smart restraint, or a missed opportunity? 👀

🔗 Read more: www.luxtimes.lu/businessandf...

#Banks #Brokers #Luxembourg

🤖 #Luxembourg banks are leaning into AI:
• BILGPT → in-house ChatGPT
• Berry → client chatbot
• Polaris → multilingual text assistant

94% of staff see AI as an 🚀 opportunity, not a threat.

But mortgages & succession? Still human moments.

🔗 www.luxtimes.lu/businessandf...

A deal to sell Edmond de Rothschild’s asset servicing arm to Apex Group has collapsed after Apex was unable to obtain final regulatory clearance. The Swiss private bank has terminated the agreement and will now focus on internal development.
Full article: www.luxtimes.lu/businessandf...

La question de Lise Cook est celle de la prise de pouvoir de la Maison Blanche sur les autorités monétaires américaines. C’est plus important que la baisse des taux d’intérêt.
Il y a deux interrogations derrière

« Le lion est mort, les chacals se disputent l'empire. Enfin, on peut pas demander plus aux frères Volfoni qu'aux fils de Charlemagne. » Maître Folace

A new @bruegel.org working paper examines how the low-carbon transition could affect GDP across EU countries. 🌍
Some economies are more exposed to risks than others.

🌏 Bruegel Annual Meetings | Europe's Asian perspective: trade, investment and geopolitical considerations
📅 3 September | 10:30-11:30 CET

🗣️ @aligarciaherrero.bsky.social, Suman Bery (NITI Aayog), Yo Kikuchi (JBIC), Maria Martin-Prat @ec.europa.eu, @zichen.bsky.social

🔗 Sign up: buff.ly/DEar8cx

Donald Trump has threatened (once again) retaliation against governments imposing digital taxes that he says “discriminate” against US tech companies.

The FT reports this could escalate trade tensions and complicate global efforts on digital tax reform.

🔗 www.ft.com/content/ff8d...

US tariff threat over Indian imports of Russian oil could backfire on.ft.com/3Hudlj7 | opinion

Gold is flat, but gold miners are shining.
While bullion has barely moved, mining stocks have jumped ~30% in the past 3 months. What’s driving this divergence?