EFI

Deal creates the fifth-largest professional services, tax and advisory provider in the U.S. Grant Thornton Advisors LLC, together with its affiliates ("Grant Thornton Advisors"), New Mountain Capital and CBIZ, Inc. (NYSE: CBZ) ("CBIZ") announced a definitive agreement under which Grant Thornton Advisors will acquire CBIZ…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review Yemen's Houthi militia widened the Middle East conflict by declaring a maritime blockade on Saudi Arabia and attacking tankers in the Red Sea. The escalation complicates President Donald Trump's effort to reopen the Strait of…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review Semiconductor shares stumbled last week as investors reassessed the durability of the artificial intelligence (AI) boom. This marks the biggest correction in the momentum trade in five years. TSMC dropped more than 7% due…

Uriel Saragusti, Head of Credit Division, LFDE. Driven by rapid internationalisation and robust issuance volumes, the corporate hybrid debt market is moving up to a new level. Its momentum continues unabated. Changes in rating agency criteria have encouraged the entry of new global issuers, positioning…

‘Is gold still a safe-haven asset, or is it set to become an outdated asset once again?’ Investors who had been hoping that gold would act as a safe haven in recent months, despite heightened geopolitical tensions, have been disappointed. Under pressure from a more…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review Renewed fighting between the US and Iran pushed oil prices higher. US President Donald Trump insists the Strait of Hormuz is open; Iranian officials say it is closed. US inflation has surged to…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review Germany’s ruling coalition presented a package of reforms including tax relief for lower-income families, a gradual rise in the retirement age and more flexibility in labour laws, which is key for start-ups.…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review This week marks the 250th anniversary of US independence. Last week, there was turmoil in the country it won independence from: British Prime Minister Keir Starmer said he would resign, paving the way for…

A new era  César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review At his first monetary policy meeting as Federal Reserve Chair, Kevin Warsh slashed the post-meeting statement from 341 words to 130 words, marking a regime change in communications at the…