KPMG Luxembourg Banking Insights 2024
Explore KPMG’s annual analysis of the banking market, based on statistical and annual accounts data.
Tag: Finance
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ATOZ Services announces the acquisition of ME Business Solutions
ATOZ Services, a Luxembourg-based service provider to alternative funds, has agreed to acquire 100% of ME Business Solutions (MEBS). Completion of this transaction is subject to regulatory approval.
Fitch Ratings and Scope Ratings confirm Luxembourg’s top ‘AAA’ rating with stable outlook
On 24 May 2024, the rating agencies Fitch Ratings and Scope Ratings confirmed the Grand Duchy’s ‘AAA’ rating with a ‘stable’ outlook.
Join the ABAL lunch with the topic: ”Risks for Fund Industry”
AmCham and Marsh are pleased to organize an ABAL lunch with the topic ”Risks for Fund Industry”
RTL: Minister of Finance demands transparency from ING over account closures
Finance Minister Gilles Roth has urged ING Luxembourg to provide a “proper solution” for clients facing sudden account closures, as the CSSF closely monitors the developing situation.
LT: Majory Crypto victory as Ether ETFs come closer to reality
The SEC in the US signed off on a proposal by exchanges including Cboe Global Markets Inc. to list products tied to the world’s second-biggest cryptocurrency.
DLA Piper announces new Country Managing Partner in Luxembourg
Global law firm DLA Piper has appointed Xavier Guzman as Country Managing Partner for Luxembourg, effective 1 May 2024. Xavier will succeed Catherine Pogorzelski who has successfully led DLA Piper’s Luxembourg office since its inception, as the firm marks 10 years in the location. The announcement comes after the relocation of the office in early April to a new central Luxembourg address.
A&O Shearman merger successfully completed
A&O Shearman is pleased to announce the successful completion of the merger of Allen & Overy and Shearman & Sterling.
Innovation, integration and independence: taking the Single Euro Payments Area to the next level
Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the ECB conference on “An innovative and integrated European retail payments market”
LT: Spuerkeess profit jumps 70% to top €400m
Banking income grew by 42% as state-owned company benefited from higher interest rates
Chronicle: BIL Reports Net Income of €202m for 2023
During its General Assembly on Wednesday 24 April 2024, Banque Internationale à Luxembourg (BIL) shareholders approved the bank’s 2023 financial results.
General Members News AmCham EU: 20 years of EU mergers
For the past two decades, the EU Merger Regulation (EUMR) has promoted effective transaction screening and made a substantial contribution to increasing deal certainty. Read more on how EU mergers have evolved since the introduction of the EUMR and how the framework can be improved further.
