Investment Officer

Nagelmackers, Belgium’s oldest bank, is set to be acquired by La Caisse d’Epargne Hauts de France, a regional bank under the umbrella of the French banking group BPCE.

This week’s overview of transfers, appointments, promotions and other career news includes updates from Luxembourg supervisor CSSF, Apex Group and Capital Group.

This week’s overview of transfers, appointments, promotions and other career news includes updates from the Amundi Institute, Partners Group, the Green Growth Fund, Citibank, and KPMG Luxembourg.

Luxembourg has decided to establish a special anti-money laundering (AML) unit within its tax administration following parliamentary approval. The head of financial supervisor CSSF, meanwhile, expressed his concern over the use of ‘outdated systems’ at the AML teams of asset and wealth management firms.

A new report by Finance Watch, a Brussels-based public interest group, has highlighted an impending investment crisis in the European Union. A

A lack of reliable Environmental, Social, and Governance (ESG) data is significantly hindering the implementation of the European Union’s sustainable finance regulations, according to a survey by the CFA Institute.

This week’s overview of transfers, appointments, promotions and other career news includes updates from Edmond de Rothschild, M&G Investments, Warburg Pincus, Currentis and PwC Luxembourg.

Amundi, Europe’s biggest asset manager, is taking a 26.1 percent stake in Texas-based asset manager Victory Capital. The stake is valued at about 800 million dollars.

Sunday’s French elections have averted the worst-case scenario of a far-right victory but have plunged the country into a period of political uncertainty and potential paralysis.

The CSSF has fined BGL BNP Paribas three million euro for significant lapses in its anti-money laundering and counter-terrorist financing compliance. It’s the second-largest fine ever imposed for AML failings in Luxembourg.