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Private Banks
December 18, 2019
Brexit cost hikes dent Luxembourg bank profits
Luxembourg’s banks are not yet reaping the benefits of Brexit as Brexit-related additional costs are…
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Private Banks
December 17, 2019
UBS plans to wind down dedicated unit for the super-rich
Iqbal Khan, the new co-head of global wealth management at UBS, plans to break up the Swiss bank’s…
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Private Banks
December 16, 2019
Luxembourg bankers support mutualisation of finance functions
Luxembourg banks want to work together to create common standards on certain compliance-related…
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Private Banks
December 12, 2019
Luxembourg banks at the crossroads
“In 2018, 21 banks active [in Luxemburg] for more than three years had a cost to income ratio in…
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Family Offices
December 11, 2019
Number of family offices soars worldwide
The year 2018 saw a 37% jump in the number of worldwide single family offices to no fewer than 7,300…
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Wealth Managers
December 11, 2019
CapitalatWork in search of acquisitions in the Netherlands
CapitalatWork is investigating the possibility of making small acquisitions in the Netherlands. The…
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Asset Servicing
December 11, 2019
Airbnb moves EU payments base to Luxembourg
Airbnb will move the processing of all EU payments from the UK to Luxembourg as of 2020 because of…
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