It’s commonly said that “actions speak louder than words,” and in most cases that would seem to be a sensible statement. It is often related to the idea that people should “watch what I do, and not what I say” as a guide to the most authentic representation of where… Read More »
As widely expected, the FOMC decided to hike its policy rate by 25bp to a range of between 2-2.25%. However, the committee removed the reference that monetary policy remains accommodative, signalling that the FOMC believe that the policy rate is getting closer to neutral. Nevertheless, the Statement makes it clear… Read More »
State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for September 2018. The Global Investor Confidence Index decreased to 88.3, down 5.7 points from August’s revised reading of 94.0. Confidence among North American investors further declined, with the North American ICI decreasing from… Read More »
REYL & Cie Ltd (REYL) and family-owned Swedish financial group Öhman have entered into a binding agreement whereby REYL will acquire all of the outstanding capital of Öhman Bank S.A. Luxembourg, a bank established in Luxembourg since 2006. The transaction is subject to the approval of the relevant regulatory bodies… Read More »
On September 15, 2008, the collapse of Lehman brothers set off a shockwave that rippled out right across the world economy. What can we make of this watershed moment 10 years down the line? The extent and duration of the shock that hit the world economy are still impressive even… Read More »
REYL Group has announced the appointment of Francesco Genovese in a newly created role, as Head of its Asset Management business. He will be responsible for developing asset management and fund distribution activities at Bank REYL & Cie, with a particular focus on establishing alternative and unlisted asset strategies for… Read More »
The French government is currently scaling down its growth forecast for 2018. In the initial budget the expected growth rate was 1.7% but was upgraded at 2% in April before being scaled down to 1.7%. Bruno Le Maire the French minister of the Economy and Finance also announced yesterday that… Read More »
Latest PMI surveys point to stabilizing, solid growth in the Eurozone, though the fall in Italian sentiment stands out. While for the Eurozone as a whole, August PMI readings point to 2.2% real GDP growth – a clear improvement compared to H1 2018 numbers – the Italian PMI fell 1.3… Read More »
REYL & Cie has appointed Jérôme Koechlin as Communications Director and Secretary of the Executive Committee. He will be in charge of implementing a communications strategy geared towards the sustained and continuous development of the REYL Group, as well as strengthening its brand positioning, both in Switzerland and internationally. With… Read More »
Sweden goes to the polls this weekend in a general election – expect another populist uprising. For decades, Sweden has been highlighted by many as a shining example of utopian society. High taxes, but above-average educational and very generous welfare systems combined with a low crime rate, have made Sweden… Read More »