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 …

Under mounting pressure to justify fees and meet investor demands for transparency, asset management firms are raising concerns over the European Commission's vague definition of "value for money," arguing its subjective nature complicates cost …

In an unstable investment environment with wars and crises looming worldwide, contradictory inflation data as well as insecurity regarding interest rate development, alternative investments have evolved into a diversifying and stabilising element of …

From Tuesday, US trades of stocks, bonds and ETFs will need to be settled within a single day, not two, presenting significant challenges to European funds dealing in US securities. Insiders warn for a “tough ride” for traders to meet the tighter …

Luxembourg's Management Companies, the firms that handle a substantial portion of investments serviced in the Grand Duchy, employed a record 7,700 people at the end of last year, up 11 percent from the previous year. This figure is reported in PwC's 2024 …

The European Securities and Markets Authority (Esma) unveiled a new initiative this week aimed at making investment opportunities more accessible across the EU. At the heart of this plan is a new "basic and simple" EU investment product label, intended to …

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

Defining ‘value for money’ bewilders asset managers

Making the most of private markets

Tough ride ahead for Euro traders under new US T+1 settlement rule

Luxembourg’s ManCos employ record 7,700 people, up 11%

Esma proposes EU label for ‘basic’ investment products