Hugo Lasat steps down at Degroof Petercam, Sylvie Huret new CEO
Degroof Petercam has appointed Sylvie Huret as its new chief executive, succeeding Hugo Lasat, who will step down at the end of 2024 after three years at the helm.
Transfers: BNPP AM, Loyens & Loeff, Esma, Stibbe, Deloitte Switzerland
This week’s overview of transfers and appointments in and around Luxembourg includes updates from BNP Paribas Asset management, law firms Loyens & Loeff and Stibbe, Deloitte Switzerland, and from Esma.
Transfers: GSK Stockmann, Deutsche Boerse, HSBC
This week’s overview of transfers and appointments includes news from GSK Stockmann, Santander Asset Management, Deutsche Boerse, and HSBC.
Survey: Luxembourg private banks fall short in digitalisation
Luxembourg’s private banks are falling short in their digitalisation journey, despite recognising its strategic importance, according to a new survey conducted by KPMG in collaboration with the ABBL.
Transfers: Lombard Odier, Waystone, AllianzGI, Stibbe, AKD
This week’s overview of appointments includes news from Lombard Odier, Waystone, Allianz Global Investors, Stepstone, Stibbe, AKD Luxembourg and the European Bank for Reconstruction and Development (EBRD).
ING to transfer 18,000 retail clients to BGL BNP Paribas
ING Luxembourg is transferring approximately 18,000 retail clients with basic daily banking needs to BGL BNP Paribas.
Private credit: Blackrock said to buy HPS for $12 billion
Blackrock, the world’s largest asset manager, is poised to acquire HPS Investment Partners for approximately 12 billion dollars.
Transfers: HSF, Simpson Thacher set up shop in Luxembourg
International law firms Herbert Smith Freehills and Simpson Thacher & Bartlett have announced plans to establish offices in Luxembourg, aiming to strengthen their presence in the private capital sector.
Asset owners see tech reducing dependence on managers
Disruptive technology is shaping nearly every aspect of the global asset management industry, from growth and competition to innovation and acquisitions, according to PWC’s Asset and Wealth Management Survey 2024.
Transfer Thursday: Goodwin, DWS, Abrdn, Neuberger Berman, Taskize
This week’s overview of transfers and appointments in the fund and asset management community in and outside Luxembourg includes updates from Goodwin, DWS, Abrdn, Neuberger Berman, Taskize, and others.