Apex opens Swedish office, buys New Zealand's IIS
Apex Group, a Bermuda-headquartered fund services provider with substantial operations in Luxembourg, has opened a new office in Stockholm from which it will service clients in the Nordics region. The firm also has announced it acquired the parent company of IIS and InvestNow in New Zealand.
Finance minister Backes: visit to Sweden ‘very productive’
Accompanying Luxembourg’s finance minister Yuriko Backes on her official visit to Stockholm, Luxembourg’s financial community this week sought to strengthen its financial ties with Sweden, considered a “natural partner” for the Grand Duchy. Backes also discussed plans to support the reconstruction of Ukraine with her Swedish counterpart.
Travelling back to Luxembourg, Backes said on Twitter that her visit had been “very productive.” Backes was accompanied by a Luxembourg for Finance delegation and several representatives of Luxembourg’s financial services sector.