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.
Intesa’s Luxembourg private bank bets big on digital future
Luxembourg-based Intesa Sanpaolo Wealth Management is positioning itself to lead the charge into a new era of digital private banking.
Axento fait son entrée sur le marché belge avec un portefeuille d’ETF
Un gestionnaire d’actifs en ligne, avec un seuil d’entrée de 7500 euros, avec des contacts personnels si nécessaire : c’est avec cette offre que le gestionnaire néerlandais est arrivé sur le marché belge des investisseurs. Aux Pays-Bas, Axento s’occupe de plus de 4000 clients et gère un portefeuille exclusivement composé d’ETF actifs et obligataires. « Je serai très heureux si nous parvenons à attirer 500 clients belges en un an », déclare son directeur Laurens Leek.
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.
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.
Transfer Thursday: Pisani succeeds Brender at Candriam
This week’s overview of transfers and appointments in the fund and asset management community in and outside Luxembourg includes updates from Quintet Luxembourg, Candriam and Zedra Group.
Starting signal for a new Eltif era
Martin Groos unpacks the journey of the European Long-Term Investment Fund (Eltif) since its promising launch in 2015, and explores whether recent reforms under «Eltif 2.0» will finally deliver success.
Revolution too soon? Luxembourg struggles to adapt to open finance
As Luxembourg’s financial ecosystem adjusts to the open finance revolution, wealth and asset managers must navigate a range of hurdles to stay competitive.
LuxSE exploring ways to create public listing for Eltif funds
The Luxembourg Stock Exchange is exploring ways to create public listings of European Long-Term Investment Funds, private market vehicles that for now are the exclusive domain of high-net worth individuals. A senior official said the bourse, also known as LuxSE, sees a particular role for itself when it comes to enhancing the exit opportunities.
Quintet recrute chez un concurrent pour son nouveau bureau finlandais
Quintet Private Bank cible désormais la Finlande depuis une nouvelle agence finlandaise basée à Luxembourg. Pour ce faire, la banque privée a recruté une équipe de son concurrent Union Bancaire Privée (UBP) qui s’adressera essentiellement aux particuliers et familles fortunés de Finlande.