The financier Edouard Carmignac passes the baton smoothly

The financier Edouard Carmignac passes the baton smoothly

David Older, head of equity management since 2017, has just been appointed manager of Carmignac Investissement, the fund created and managed by Edouard Carmignac himself for nearly 30 years. Handover in good and due form at Carmignac. David Older, head of the Carmignac equity team since 2017, has just been appointed manager of Carmignac Investissement, the historic and emblematic fund of the management boutique, created and managed by Edouard Carmignac himself for nearly 30 years….

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ECB ready to act on the risks of an unstable recovery

ECB ready to act on the risks of an unstable recovery

Christine Lagarde warned on Wednesday that the post-Covid recovery would not be linear, even with a vaccine. She reiterated the European Central Bank’s commitment to supporting the economy in the long term. With, as privileged tools, its emergency program and loans at negative rates for the banks. For the European Central Bank, the annual Sintra forum is an opportunity to send strong messages on its monetary policy. And this edition, although organized virtually from Frankfurt…

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Payment: European banks engaged in a race against time

Payment: European banks engaged in a race against time

The European Payments Initiative (EPI) was launched this summer with the aim of enabling Europe to counter the dominance of the American giants. A sovereignty issue according to the European authorities. But the pressure exerted by the Gafa leaves little time to act. The work is titanic, the schedule tight. This summer, sixteen European banks launched, with the blessing of the Brussels authorities, the major project of the European Payment Initiative (EPI). A project which…

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