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Sector
May 30, 2024
As mystery shopper, Esma finds greenwashing in finance
Banks and asset managers continue to make misleading sustainability claims, according to the…
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Sector
May 30, 2024
Transfer Thursday: Abrdn CEO exits, new CTO for UI
This week’s overview of transfers, appointments, promotions and other people news includes updates…
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Laws and Regulations
May 29, 2024
ING ejects Luxembourg retail clients in private banking push
ING Luxembourg has decided to eject thousands of mass retail clients in the grand duchy as part of a…
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Sector
May 29, 2024
WTW already secured €500 mln for new Luxembourg Raif
British-American multinational insurance services provider Willis Towers Watson (WTW) is preparing…
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Private Banks
May 28, 2024
Private bank Hauck Aufhäuser goes Dutch in €672 mln deal
Dutch bank ABN Amro on Tuesday said it agreed to pay 672 million euro for German private bank Hauck…
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Asset Managers
May 28, 2024
Defining ‘value for money’ bewilders asset managers
Asset managers are expressing concerns over the European Commission’s lack of a clear definition for…
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Sector
May 28, 2024
Making the most of private markets
In an unstable investment environment with wars and crises looming worldwide, contradictory…
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Asset Servicing
May 27, 2024
Tough ride ahead for Euro funds under new US T+1 settlement rule
From Tuesday, US trades of stocks, bonds and ETFs will need to be settled within a single day, not…
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Asset Servicing
May 27, 2024
Luxembourg’s ManCos employ record 7,700 people, up 11%
Luxembourg’s Management Companies, the firms that handle a substantial portion of investments…
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Sector
May 24, 2024
Esma proposes EU label for ‘basic’ investment products
The European Securities and Markets Authority (Esma) unveiled a new initiative this week aimed at…
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