General Members News Luxembourg Times: Spuerkeess profit jumps 70% to top €400m
Banking income grew by 42% as state-owned company benefited from higher interest rates.
Tag: Banking
General Members News
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General Members News Chronicle.lu: 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 Luxembourg for Finance: Luxembourg retains third position among EU financial centres
The Grand Duchy’s financial centre scored particularly well within 3 Areas of Competitiveness in the index, namely Human Capital, sitting at number 3 globally just behind New York and London, further emphasising the depth of expertise in Luxembourg’s financial sector.
General Members News ALFI responds to the ESMA consultation on CSDR Penalty Mechanism
On 29 February 2024, ALFI responded to the ESMA consultation paper on technical advice on CSDR penalty mechanism.
General Members News BofA Patents Increase Nearly 70% in 5 Years
This record year of patents granted was made possible by Bank of America inventors around the world, who mirror the diversity of the bank’s clients. Bank of America has more than 7,300 inventors across 42 U.S. states and 14 countries, with 26% of them being women. Worldwide, fewer than 17% of inventors are women.
General Members News BofA – Emerging Convictions: Climbing the three Walls of Worry
Bank of America has released an update piece on emerging markets which suggests that US rates & elections are risks, but global recovery supports EM.
General Members News Tom Theobald to lead Luxembourg for Finance
The board of LFF has today unanimously decided to appoint Tom Theobald as CEO of Luxembourg for Finance as of September 1st 2024, following the decision of the Government to appoint Nicolas Mackel as Luxembourg’s Ambassador to the EU.
General Members News BofA Live Conference
CHARLOTTE, NC — Bank of America Chair and Chief Executive Officer Brian Moynihan will welcome attendees to the BofA Securities Financial Services Conference on Wednesday, February 21, at 8 a.m. Eastern Time. A live webcast of this event will be accessible through the Bank of America Investor Relations website at https://investor.bankofamerica.com. A replay will also be available.
General Members News BofA – EMEA Equity Research Daily Highlights
Key takeaways: The outlook for European airports is supported by 1/ traffic recovery, 2/ improvement in Retail, 3/ reduced leverage concerns; upgrade Flughafen Zurich to Buy (new CHF212 PO), and reiterate Buys on AENA (new €192 PO) and Fraport (€62 PO)
General Members News Mortgage brokers – your shortest way to the real estate financing
Article by Marlon-Yves Nadler, Managing Director of FIDEM.
General Members News HSBC Luxembourg recognised as Top Employer for 2024
HSBC is one of only four companies in Luxembourg to receive the accolade which is a testament to the bank’s excellent HR policies and people strategy in the country.
General Members News BIL strengthens the Leadership of its Commercial Franchises
Press Release: BIL strengthens the Leadership of its Commercial Franchises