ABN Amro doubles private banking threshold in the Netherlands, repositions in Belgium
ABN Amro is raising the entry threshold for private banking in the Netherlands from 500,000 to 1 million euros as of 1 June. In Belgium, the Dutch bank is rebranding its private banking arm under the MeesPierson label, part of a broader ambition to become a top-three player in the four countries where it offers wealth services: the Netherlands, Belgium, France, and Germany.
Rothschild & Co picks Luxembourg as wealth management hub
Rothschild & Co has opened a new wealth management office in Luxembourg under its Rothschild Martin Maurel brand.
Quintet extends profit streak, to announce new Chair soon
Quintet reports higher profits, but income falls and growth remains unclear. Efficiency gains drive results as key questions go unanswered.
What could go wrong in private markets investments?
Institutional investors remain wary of semi-liquid private funds, a sentiment that was on full display at this year’s Luxembourg Meeting for Private Markets Investments, a German-language private markets conference known as Lumpi.
J. Safra Sarasin takes control of Saxo Bank in €1.1 bln deal
Saxo Bank has a new majority shareholder: Swiss private bank J. Safra Sarasin, part of the Brazilian J. Safra Group. The private bank is acquiring the stakes held by Chinese automotive group Geely and Finnish asset manager Mandatum, taking its ownership to 70 percent.
Women drive a market revolution, yet wealth firms lag behind
Women are reshaping wealth management, yet remain underrepresented in investment decisions. As female investors gain financial power, wealth managers must adapt—or risk missing out on a trillion-dollar market.
Yves Stein underlines need for private banks to innovate
Luxembourg’s private banks need embrace digital innovation to stay competitive, tackle regulation, and attract talent. ABBL Chairman Yves Stein speaks on the future of private banking in the Grand Duchy.
Wealthy Dutch weigh emigration as business climate deteriorates
For an increasing number of ultra-wealthy Dutch individuals, the question is no longer just how much tax they pay—but whether the Netherlands remains the right place to live and invest.
EFG, Edmond de Rothschild signal accelerating consolidation
Separate moves by Swiss-based EFG and Edmond de Rothschild highlight the intensifying competition among firms seeking scale and specialisation in a rapidly evolving sector.
Wealth managers must accelerate transformation in 2025, says EY
Wealth managers must accelerate their transformation or risk falling behind in an increasingly competitive industry. Sustainability has become a lesser priority, according to EY’s latest annual resolutions.