September round-up of the summer’s events

Philippe Waechter -

Let’s start with the global outlook – are signs on the world economy still as robust as they were? The situation has changed since the start of this year. The world economy was fuelled by faster world trade growth in 2017, but this is no longer the case. Trade momentum… Read More »

Weak inflation readings suggest continuing ECB prudence


Latest surveys point to some improvement in economic activity, while inflation readings remain low. Core inflation in the Eurozone declined last month to 1% only, reflecting weakness in both core goods inflation (-0.01% MoM) and weak core services (+0.01% MoM rise only). Though unemployment is falling, and wage growth is… Read More »

Consort NT achieves independence following the sale of Ardian, Naxicap Partners and Apax Partners Development’s stakes 


Ardian Growth, Naxicap Partners and Apax Partners Development today announce the sale of their minority stake in Consort NT, a leading digital services company. Following an ownership buyout transaction, the management team, led by Jason Guez, President and majority shareholder of Consort NT, will now be the sole holders of… Read More »

Is the ISM index a bubble?


The ISM index for the manufacturing sector is, in August, at its highest since May 2004. It was then at 61.3 versus 61.4 in May 2004. The reading of this index is puzzling for different reasons: Since 2011, the average growth in the US is 2.2% but the trend was… Read More »

Alessandro Caldana appointed Limited Partner of Bordier & Cie


The Partners of Bordier & Cie have appointed Alessandro Caldana as a Limited Partner with effect from 1 July 2018, alongside Gae?tan Bordier, Pierre Poncet and Patrice Lagnaux. Gre?goire Bordier, Evrard Bordier and Michel Juvet are the Partners bearing unlimited personal liability. Alessandro Caldana (51), an Italian national, joined Bordier… Read More »

REYL & Cie Partner Nicolas Duchêne returns to Geneva after 6 years developing the Bank’s Asian platform. Antoine Denaiffe is appointed as new CEO of REYL SINGAPORE


REYL & Cie partner Nicolas Duchêne moves back to the Bank’s Geneva headquarters after successfully developing REYL’s activities in Asia. Antoine Denaiffe replaces him as CEO of REYL SINGAPORE PTE. LTD. A wealth planning and corporate finance specialist, Nicolas Duchêne began his career at Arthur Andersen in Luxembourg and Ferrier… Read More »

Syngenta Looks to a Shared Vision for Sustainable Agriculture


Today, Syngenta has announced that over the coming three months it will undertake consultation and engagement with stakeholders from around the world in an effort to build a shared vision for the future of sustainable agriculture. Through listening and dialogue, Syngenta is seeking to better understand the role it can… Read More »

Businesses in Greece: finally, a fresh start?


With Greece about to pull out of its third bailout package, signs of economic recovery are multiplying: 2017 was a year marked by the return of positive growth (+1.4%), and – despite weakening growth in the eurozone – Greek GDP growth is expected to be close to 2% in 2018,… Read More »