Five forces reshaping the global economy: Insights for investors and policymakers

After a series of profound shocks – from the Global Financial Crisis to the COVID-19 pandemic and intensifying geopolitical tensions – the global economy faces a complex set of structural shifts that challenge traditional growth models and conventional policy tools. We examine five transformational trends and their combined impact on growth, inflation, and monetary and fiscal policy.

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Since opening our first European office in Munich in 1970, we’ve built a strong presence across Germany, continuously expanding our services to meet our clients’ evolving needs. We received our local banking license in 1994 and have been offering depositary services for investment companies in Germany since 1996. In 2003, we expanded our German footprint with an office in Frankfurt, having acquired a substantial part of Deutsche Bank's Global Securities Service business. We have continued to grow our presence in Germany and today are one of the three largest custodians and depositary banks in the country, offering an extensive suite of solutions to asset managers, fund management companies and institutional investors.

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