General Members News BIL strengthens the Leadership of its Commercial Franchises
Press Release: BIL strengthens the Leadership of its Commercial Franchises
Tag: Banking
General Members News
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General Members News BofA Launches CashPro® Insights – Latest Digital Innovation for European Treasury Management
Bank of America announced on Tuesday the launch of CashPro Insights, a digital tool that analyzes information flowing through the CashPro platform. Through data-driven intelligence, clients are presented with insights that empower them to make more informed treasury decisions and drive cost savings and efficiencies.
General Members News Six major financial services players in Luxembourg join forces to create a shared ATM network
Spuerkeess, Banque Internationale à Luxembourg, BGL BNP Paribas, Banque Raiffeisen, POST Luxembourg and ING Luxembourg are joining together to create a broad-based ATM network. The six partners will work hand in hand to guarantee Luxembourg-wide access to self-service banking.
BBC report: Cap on bankers’ bonuses to be scrapped
The BBC has reported that the cap on bankers’ bonuses in the UK is being removed as part of a post-Brexit shake-up of UK financial rules.
General Members News Moventum: ELTIFs are underestimated – yet
ELTIFs could prove to be the most suitable vehicle for retail investments in private markets”, says Patzelt.
General Members News Luxembourg for Finance: International Climate Finance Accelerator (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.
General Members News 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.
DLA Piper: 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.
General Members News 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.
General Members News BIL records a strong performance in a year of many challenges.
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 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.”