ICFA announces new Cohort
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.
Tag: Banking
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BIL’s 2023 half-year financial results.
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.
DLA: Screening of foreign direct investments: Luxembourg’s balancing act with FDI Regulation
Screening of foreign direct investments: Luxembourg’s balancing act with FDI Regulation
BCL: Consumer confidence continues to rise in June 2023.
The Banque centrale du Luxembourg’s consumer confidence indicator has continued to rise in June.
EPI Company announces acquisitions, additional shareholders and the coming launch of its new instant payment solution
Building a unique, European-grown instant payment solution – The European Payments Initiative (EPI) welcomes four additional shareholders and announces two acquisitions.
Moventum: Unconvincing deal between Credit Suisse and UBS
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.”
VOLODINE LEGAL: Is it time for an international banking regulation?
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.
