Covid-19 won't change UHNWI behaviour: Lombard’s Vanhoenacker
Contrary to the predictions of some that the pandemic will see a pull-back from globalisation, Jurgen Vanhoenacker, who heads the Sales and Wealth Structuring teams at Lombard International Assurance in Luxembourg, sees no signs of a reduced appetite for clients to live cross-border lives.
Quintet Private Bank opens Swiss branch
Luxembourg-based Quintet Private Bank has opened a branch in Zurich, Switzerland. The opening follows the acquisition of the local Bank am Bellevue, the asset management arm of Bellevue Group AG, and the approval of the transaction by the regulatory authorities.
Covid-19: one more hit for embattled private banks
Equities – down. Fixed income – down. Precious metals – down. Commodities – down. These have been a strange, potentially frightening few weeks for all investors, including private bankers.
The future of wealth advice? A Netflix-like platform
A Netflix-like environment that provides access to advice that is data-driven, personalized, continuous and preferrably subscription-based, is the future of wealth advice according to McKinsey.
La vente de la banque Nagelmackers est annulée
La société mère chinoise Daija (ex-Anbang) ne vend finalement pas la Bank Nagelmackers, dans laquelle il voit de nouveau du potentiel. Le CEO Tim Rooney, qui avait été engagé pour mener la vente à bonne fin, quitte la banque. Entretien avec Aymon Detroch, Chief Commercial Officer (CCO) de la banque Nagelmackers, afin d’expliquer le nouveau tournant dans ce dossier.
KBL epb , la maison mère de Puilaetco Dewaay, change de nom et devient Quintet
KBL epb change de nom pour devenir le groupe Quintet Pan-European private banking. La banque luxembourgeoise entend refléter sa démarche partenariale dans la gestion de patrimoine.
KBL European Private Bankers, fondée en 1949 à Luxembourg et opérant dans plus de cinquante villes européennes, s’appelle désormais ‘Quintet’, est-il indiqué dans un communiqué de presse de la banque.
Private Bank KBL epb Changes its Name: Quintet
KBL epb changes its name into Quintet Pan-European private banking group. The Luxembourg-based bank does this in order to better reflect its partnership approach in wealth management.
KBL European Private Bankers, established in 1949 in Luxembourg and currently with subsidiaries in more than 50 European cities, is from now on called ‹Quintet›, as mentioned in a press release issued by the bank.
Trois fonds d’investissement lorgnent sur la Banque Nagelmackers
Il reste encore trois candidats pour la Banque Nagelmackers, la banque privée belge de taille moyenne qui a été mise en vitrine par le conglomérat chinois Anbang. Tel est ce qu’écrit De Tijd jeudi.
Selon le journal économique belge, il s’agit de trois fonds d’investissement : Cerberus, AnaCap, ainsi qu’une troisième partie non précisée.
Les noms ABN Amro et Van Lanschot avaient également circulé sur le marché en tant que parties intéressées, mais ont renoncé lorsqu’ils se sont manifestés.
Luxembourg bankers support mutualisation of finance functions
Cet article est seulement disponible en anglais. Désolé.
Luxembourg banks want to work together to create common standards on certain compliance-related functions, a survey by the Luxembourg Bankers’ Association ABBL among its member showed. 93% of respondents said they see such cooperation as ‘valuable for the financial services community’.
Brexit cost hikes dent Luxembourg bank profits
Cet article est seulement disponible en anglais. Désolé.
Luxembourg’s banks are not yet reaping the benefits of Brexit as Brexit-related additional costs are outstripping the rise in revenues. This has led to a year-on-year decline of 5.4% in banks’ profits in the third quarter of 2019, according to CSSF figures.