News

The number of millionaires in Luxembourg fell significantly in 2024, but those at the top of the wealth pyramid continued to grow their fortunes.

In a landmark judgment with international resonance, a Luxembourg district court has, for the first time, convicted a domestic bank of money laundering, ordering the confiscation of 25 million euro from Edmond de Rothschild (Europe) S.A. for its role in the cross-border misappropriation of funds from Malaysia’s 1MDB sovereign wealth fund.

Rothschild & Co has opened a new wealth management office in Luxembourg under its Rothschild Martin Maurel brand.

Morningstar finds asset managers growing organically deliver better outcomes than those pursuing mergers. Scale alone rarely benefits investors or fund performance.

Friedrich Merz’s failure to secure a Bundestag majority has shaken Berlin’s political establishment and cast serious doubt over the ambitious economic reform agenda promised by Germany’s new coalition government.

With mounting pressure on housing, cybersecurity, and talent retention in an increasingly complex banking landscape, Luxembourg’s bankers are calling for a policy reset.

President Donald Trump believes Jerome Powell is standing in his way. He has repeatedly threatened to fire him, but there is no clear legal path to make that happen. Last week, however, the Supreme Court left the door slightly ajar.

Investment Officer Luxembourg is introducing l’Hebdo IO Luxembourg — a dedicated weekly newsletter in French.

Quintet reports higher profits, but income falls and growth remains unclear. Efficiency gains drive results as key questions go unanswered.

ESMA has asked the European Commission to clarify Eltif 2.0 implementation rules, as inconsistent supervision across member states risks delaying investor access to semi-liquid private market funds.