German investors own about 6.5% of the world's gold reserves
In times of economic concerns, geopolitical tensions and trade disputes, the demand for safe-haven assets such as gold remains high.
Western Europe
London Stock Exchange invests in capital markets blockchain startup Nivaura
London Stock Exchange Group (LSEG) led a $20 million funding round in Nivaura, the startup behind world's first cryptocurrency bond, the two companies announced on Wednesday (Feb. 27).
Luxembourg grants 80 new licenses to financial services firms amid Brexodus
Brexit has become a major driver behind the expansion of Luxembourg's financial services sector over the past year, a new report has found.
Dutch pension funds pledge to invest in a socially responsible way
Today 73 Dutch pension funds which together represent €1,180bn in invested assets signed a covenant pledging to invest their money more responsibly.
The Association of German banks lowers its forecast for economic growth
A slowdown in investments remains a weak point in the German economic landscape, the Bundesverband deutscher Banken (BdB) said on Thursday.
Booming equity markets give a boost to Swiss private banking industry
All things considered, 2017 was a good year for Swiss private banks although the main contribution to the improved situation was the positive development of the financial markets, says KPMG.
BOS to open wealth management subsidiary in Luxembourg
Bank of Singapore (BOS) has been granted an investment company licence to operate a wealth management subsidiary in Luxembourg – a first for a Singapore private bank.
Dutch companies import business services worth 16 billion euros
The value of business services imported by the Netherlands in the first quarter of 2018
China to Antwerp by train through the Silk Road
The first Silk Road train exclusively destined for Antwerp arrived at Belgium's largest port on Saturday.
European Commission greenlights Bayer-Monsanto mega-merger
The European Commission, EU's executive arm, has approved the acquisition of U.S. seed maker Monsanto by German conglomerate Bayer.
