Edmond de Rothschild Europe appoints Eliseo Graziani as deputy CEO
Part of plans to expand its European presence
Italy
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BBVA Research: ‘No widespread investment weakness, but Spain and Germany lagged France in 2023’
Protectionism and interventionism, the climate transition, digitalisation and ageing all named as potential issues
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Europe’s economy set to accelerate amid low wage growth and falling unemployment
GDP growth expected to rise from about 0.6% in 2024 to roughly 1.2% next year
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Inflation falls to 2.2% across Europe
However there is great variation across the region
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AI investment in Europe further boosted by €1bn Italian investment
But could a maturing eastern European start-up ecosystem prove a competitor?
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EIB commits €315m to 5G across five European countries
The European Investment Bank (EIB) has signed a €315m loan agreement with Spanish telecommunications firm Cellnex to support 5G rollouts in France, Italy, Poland, Portugal and Spain. According to Cellnex, the loan will mobilise total investment of €631m to improve and expand the coverage and capacity of very high bandwidth mobile network infrastructure in these…
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UniCredit reports better-than-expected Q1 results
UniCredit has released its results for the first three months of 2023, noting its net operating profit in Germany jumped nearly 80% between quarters. The Italian banking giant revealed earlier this week its net operating profit within Europe’s largest economy jumped from €481m in Q4 2022 to €864m in Q1 2023, an increase of 79.8%.…
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AllianzGI predicts dividends will grow 1% in 2023
Payments are forecast to hit a new all-time high of €387bn this year
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Amundi makes slew of appointments in Italy and Austria
Unveiling two CEOs and a board chair
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Europe’s economies hit the brakes
Italy is hoping an emergency budget will stave off recession, while France, Germany and Spain batten down the hatches
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LGIM adds four investment strategies to ETF range
Including one that explores the metaverse and another that harnesses the science of light
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Natixis IM appoints Marco Barindelli as head of Italy.
He joins from Schroders where he worked for more than 20 years