The European Securities and Markets Authority (Esma) issued a warning on Thursday, advising the financial sector to exercise caution in the use of artificial intelligence (AI) in investment services. While AI promises to revolutionise the retail …

Luxembourg bankers' association ABBL on Friday said the sector is ready to accommodate clients affected by ING Luxembourg's recent decision to cease its retail banking services. This strategic withdrawal has left thousands of customers in a state of …

Dividend funds have long been a stalwart for investors seeking reliable income. Traditionally, these funds focus on stocks that offer high and dependable dividends, often from companies with strong cash flow, solid market positions, and healthy balance …

Artificial intelligence (AI) is reshaping the financial landscape with promises of efficiency, innovation, and superior decision-making capabilities. However, as the European Securities and Markets Authority (Esma) warned this week, the integration of AI …

This week’s overview of transfers, appointments, promotions and other people news includes updates from Universal Investment, Gen II Fund Services, Deloitte and JP Morgan. Stephen Bird Stephen Bird (photo) has agreed to step down as CEO at UK asset …

Banks and asset managers continue to make misleading sustainability claims, according to the European Securities and Markets Authority, Esma. Following an investigation into the compliance of marketing communications with MiFID II rules, Esma found that …

ING Luxembourg has decided to eject thousands of mass retail clients in the grand duchy as part of a strategic transformation in which it plans to boost its focus on more profitable private banking services. The move has left many of the Dutch bank’s …

British-American multinational insurance services provider Willis Towers Watson (WTW) is preparing to launch its first Luxembourg-based private equity fund in the coming months. The firm has already has secured over 500 million euro in commitments. The …

Imagine standing in the Dutch polder, gazing at a sky illuminated by the ethereal northern lights. It's a rare event, almost as rare as the European Central Bank (ECB) adjusting interest rates before the U.S. Federal Reserve (Fed). Yet, this unusual …

Dutch bank ABN Amro has announced the acquisition of German private bank Hauck Aufhäuser Lampe, also known as HAL, from Chinese investment company Fosun International. HAL's asset services activities in Luxembourg and Ireland are excluded from the …

Esma warns of AI risks in investment services

Luxembourg banks ready to welcome ejected ING clients

Dividend investing 2.0: Balancing growth and yield

AI in investment services: A double-edged sword

Transfer Thursday: Abrdn CEO exits, new CTO for UI

Esma still sees greenwashing among banks and asset managers

ING ejects Luxembourg retail clients in private banking push

WTW already secured €500 mln for new Luxembourg Raif

Seeing northern lights? Almost as rare as an ECB interest rate shift

Private bank Hauck Aufhäuser goes Dutch in €672 mln deal