Wed08162017

Banking Headlines

BCEE Records Sustained Growth in Economic Activity in Half-Year Results

Wednesday, 09 August 2017
BCEE Records Sustained Growth in Economic Activity in Half-Year Results

In Luxembourg, strong growth in economic activity, rising stock markets and favourable developments in investment funds have benefited the financial s...

BIL Pledges to Support Co-Working Space The Office

Tuesday, 08 August 2017
BIL Pledges to Support Co-Working Space The Office

The Banque Internationale à Luxembourg (BIL) has announced its collaboration with The Office, a co-working space in Luxembourg City.

A keen actor in th...

China Everbright Bank: 7th Chinese Bank Opts for Luxembourg as European hub; 8th Imminent

Sunday, 06 August 2017
China Everbright Bank: 7th Chinese Bank Opts for Luxembourg as European hub; 8th Imminent

Luxembourg for Finance has announced that China Everbright Bank (CEB) has received approval to set up its subsidiary in Luxembourg; this strategic mov...

Payconiq and Digicash Join Forces

Wednesday, 02 August 2017
Payconiq and Digicash Join Forces

Payconiq has announced that it is expanding its business footprint in the Grand Duchy of Luxembourg with the acquisition of the Digicash Payments appl...

BNP Paribas Q2 Results Show Luxembourg Deposits Up 13.7%

Saturday, 29 July 2017
BNP Paribas Q2 Results Show Luxembourg Deposits Up 13.7%

The Board of Directors of BNP Paribas met on 27 July 2017. The meeting was chaired by Jean Lemierre and the Board examined the Group’s results for the...

Swiss Private Banking Group to Move European Ops Centre to Luxembourg

Thursday, 27 July 2017
Swiss Private Banking Group to Move European Ops Centre to Luxembourg

The Julius Baer Group, a Swiss private banking group, has announced that it will be cetralising its European operations to Luxembourg.

Boris Collardi, ...

Japanese Bank Accused of Ignoring Luxembourg Court Ruling on Staff Representative

Monday, 10 July 2017
Japanese Bank Accused of Ignoring Luxembourg Court Ruling on Staff Representative

Luxembourg's association for employees of banks and insurance companies, ALEBA, has announced that a Japanese bank active in Luxembourg, the Mitsubish...

ING Luxembourg Offering Training to Employees from Developing Countries

Thursday, 15 June 2017
ING Luxembourg Offering Training to Employees from Developing Countries

As part of a five-day programme on SME financing, organised by Luxembourg’s House of Training, Christian Moreels, head of Retail General Banking &...

Deloitte Releases Digital Banking Report

Monday, 12 June 2017
Deloitte Releases Digital Banking Report

Deloitte Luxembourg has published the Deloitte Digital Banking Benchmark 2017, a multi-dimensional analysis of Luxembourg’s digital retail banking mar...

Banking Sector First Quarter Profits up 7.3%

Wednesday, 07 June 2017
Banking Sector First Quarter Profits up 7.3%

The banking sector in Luxembourg saw profits before provisions of more than €1.4 billion over the first quarter of 2017, an increase of 7.3% over the ...

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