The 2024 Luxembourg Banking Insights study by KPMG Luxembourg has revealed a surge in net interest income, driven primarily by the European Central Bank's interest rate hikes. This increase has led to a significant boost in bank profits, reaching 8.9 …

The European Union’s new anti-money laundering / countering the financing of terrorism (AML/CFT) regime addresses previous shortcomings by harmonising regulations and enhancing enforcement tools, aiming to effectively prevent money laundering and …

The European Central Bank’s (ECB) decision to cut interest rates in June was not only perplexing but also premature. This was underscored by the ECB's decision in July to maintain the rates at their new level, despite economic conditions remaining largely …

Luxembourg has proposed a groundbreaking law that would enable the use of blockchain technology in investment funds, aiming to solidify its position as a global financial leader. Finance Minister Gilles Roth tabled the proposed legislation on Wednesday, …

As we approach the next U.S. presidential election, the political landscape is heating up with Kamala Harris gaining momentum, yet Donald Trump still leading in the polls. This has sparked a surge in so-called 'Trump trades,' reminiscent of market …

High-yield bonds remain in demand among investors whose main focus is on absolute returns, this week's Morningstar Fund Radar shows. After a rally in fixed-income bonds in the last quarter of 2023, more defensive bonds, such as those issued by …

After years of uncertainty under Chinese ownership, the acquisition of Nagelmackers by BPCE, the second-biggest banking group in France, clearly establishes the bank's new direction and affiliation. Nagelmackers, Belgium's oldest bank, is set to be …

Luxembourg's first private markets fund vehicle was created exactly two decades ago this summer. Sicar is the French acronym for Société d'Investissement en Capital à Risque , or investment company in risk capital. Lawmakers, led by then-finance minister …

This week’s overview of transfers, appointments, promotions and other career news includes updates from Luxembourg supervisor CSSF, Apex Group and Capital Group. Maureen Wiwinius Maureen Wiwinius (photo) has been reappointed as a member and chairperson of …

Trump's pick of James David Vance, better known as J.D. Vance, as vice-presidential candidate markets a firm shift. Vance's appeal in swing states and manufacturing focus could reshape the economy and ensure a Republican stronghold, impacting market …

Interest boost helps Luxembourg banks navigate challenges

The new EU AML/CFT regime - what are the main upcoming changes?

Pray and hope is now the ECB strategy

Luxembourg proposes groundbreaking blockchain law for investment funds

Trump 2.0

Fund Radar: High-yield bonds remain popular

BPCE to acquire Belgian bank Nagelmackers

‘The people who created the Sicar were like startup entrepreneurs’

Transfer Thursday: CSSF, Apex, Capital Group

JD Vance as the new power player