General Members News Banque Internationale à Luxembourg (BIL) records a strong performance in a year of many challenges. Thanks to resilient commercial activities, and a favourable interest rate environment, the Bank successfully reported a net income of EUR 153 million.
General Members News Their Royal Highnesses Prince Guillaume, Hereditary Grand Duke of Luxembourg and Princess Stéphanie, Hereditary Grand Duchess of Luxembourg have announced the birth of their second child.
General Members News Luxembourg introduced an exemption regime regarding the holding of shareholders and board members meetings during the COVID-19 pandemic through the law of 23 September 2020 relating to measures on the holding of meetings in companies and other legal entities (the “Law”). The exemption regime took an effective end on 1st January 2023.
General Members News 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.”
General Members News 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.
General Members News In the 2023 awards, announced on 8 March, TMF Group was named ‘Best ManCo solution’. TMF Group’s ManCo solution provides a comprehensive package of management services to investment funds, including regulatory compliance, risk management, financial reporting and administration.
General Members News Following his decision to stand as head of list of his party in the upcoming Luxembourg general elections, Luc Frieden resigned today as Chair of the Board of Directors of Banque Internationale à Luxembourg (BIL).
General Members News Belair House, a subsidiary of Banque Internationale à Luxembourg (BIL), is a real-estate-focused family office, providing services to clients who would like to invest in this sector.
General Members News Arendt is proud to announce the appointment of 10 new partners promoted internally within the law firm.
General Members News IQ-EQ has today announced the appointment of Ilias Georgopoulos as Global Head of Private and Institutional Asset Owners. This key appointment will strengthen the firm’s commercial leadership team as IQ-EQ enters the next phase of its growth journey.
General Members News ATOZ will be hosting on 23 March as of 8:30am their next breakfast conference, proudly co-hosted with Sedlo Law Firm and ILA, taking place at the Novotel Kirchberg Luxembourg.
2023 For the sixth continuous year, PwC and Amcham celebrated International Women’s Day on 8 March 2023 from 11:30 to 14:00 at PwC Crystal Park. This was an iconic moment to reflect on how far we want to push the gender needle in today’s society.