BIL strengthens the Leadership of its Commercial Franchises
Press Release: BIL strengthens the Leadership of its Commercial Franchises
Press Release: BIL strengthens the Leadership of its Commercial Franchises
Bank of America announced on Tuesday the launch of CashPro Insights, a digital tool that analyzes information flowing through the CashPro platform. Through data-driven intelligence, clients are presented with insights that empower them to make more informed treasury decisions and drive cost savings and efficiencies.
Spuerkeess, Banque Internationale à Luxembourg, BGL BNP Paribas, Banque Raiffeisen, POST Luxembourg and ING Luxembourg are joining together to create a broad-based ATM network. The six partners will work hand in hand to guarantee Luxembourg-wide access to self-service banking.
The BBC has reported that the cap on bankers’ bonuses in the UK is being removed as part of a post-Brexit shake-up of UK financial rules.
ELTIFs could prove to be the most suitable vehicle for retail investments in private markets”, says Patzelt. “Here, the new regulations offer more freedom.”
The International Climate Finance Accelerator (ICFA) Luxembourg has announced its latest cohort of fund managers dedicated towards addressing climate change and driving positive change globally.
Banque Internationale à Luxembourg (BIL) delivered a sound financial performance during the first half of 2023, with a net profit of 103 million euros. Rising interest rates and lingering inflation have been the markers of the half-year. BIL remains fully focused on proactively helping clients navigate the current environment.
Screening of foreign direct investments: Luxembourg’s balancing act with FDI Regulation
The Banque centrale du Luxembourg’s consumer confidence indicator has continued to rise in June.
Building a unique, European-grown instant payment solution – The European Payments Initiative (EPI) welcomes four additional shareholders and announces two acquisitions.
Luxembourg, 20 March 2023 – The buyout of failing Credit Suisse by competitor UBS is unconvincing and will not soothe markets for the time being. This is what Moventum’s Managing Director and Head of Asset Management Carsten Gerlinger anticipates. “In effect, a façade is being puttied with a lot of political central bank money, but it is the engine room at Credit Suisse that is burning”, says Gerlinger. “Hence, a new Swiss problem bank could emerge from combining a strong bank and a weak one.”
The recent Credit Suisse proposed acquisition by UBS and the saga of the collapse of several banks in the US (SVB and Signature Bank), may be a trigger that it is time to rethink banking regulation.