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.
Law firms in Luxembourg’s financial centre are seeing a growing number of requests relating to ELTIF investment products. Already observed in 2022, it has reached a more rapid clip following the amendment to the European regulations that came into force in March 2023 and will apply from 10 January 2024.
After recent stock market records, the question arises: What will happen in the coming months? The economy is not providing a tailwind for the time being, and the fantasy of interest rate cuts seems to have run its course.
Amcham Newsletter 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.
On the evening of Wednesday 20 September 2023, the American Chamber of Commerce in Luxembourg (AMCHAM) teamed up with Amazon in Luxembourg-Kirchberg to host an English-language elections-related event with a focus on finance and the economy.
On 8 September 2023, Franz Fayot, Minister for Development Cooperation and Humanitarian Affairs, visited Ukraine. The purpose of the visit was to identify ways of strengthening and tailoring Luxembourg’s support to Ukraine’s reconstruction and humanitarian needs.
Luxembourg was the first European country and first AAA-rated country worldwide to launch its sustainability bond framework (the “Framework”), on September 2, 2020. On September 7, 2023, the Luxembourg State Treasury published the third sustainability bond report, as foreseen by the Framework.
ELTIFs could prove to be the most suitable vehicle for retail investments in private markets”, says Patzelt. “Here, the new regulations offer more freedom.”
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.
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.
– PRESS RELEASE – KPMG Luxembourg is betting on sustainability and on its own determination to offer one of the most creative work environments in the country. This is why the company is aiming to move to a brand-new headquarters, designed for this purpose, before the end of the decade. To read the article in
Luxembourg Trade & Invest invites you to take part in a trade mission to Kazakhstan from 2 – 6 October 2023. Register now!
