2559 results for ""
Date
|
October 25, 2022
Technology,Asset Servicing

LuxSE launches new post-trade settlement model

The Luxembourg Stock Exchange on Tuesday launched a new, simplified post-trade settlement model that no longer requires a clearing membership. The exchange has partnered with Italy’s BFF Bank to provide the new service. The new model simplifies the …
October 25, 2022

PwC Luxembourg turnover up 11%, tops half a billion euro

Despite challenging market conditions, PwC Luxembourg, the biggest professional services firm in the grand duchy, on Tuesday reported an 11 percent increase in net revenues for its latest fiscal year, pushing its turnover “comfortably’ past the …
October 25, 2022
Technology

Instant payments disrupt Luxembourg ecosystem

Demand for instant payments, an area in which certain corners of Europe have lagged other parts of the globe, is, according to PwC, disrupting Luxembourg’s payments ecosystem, as well as putting strain on the existing infrastructure. At the same time, …
October 25, 2022
Asset Managers,Wealth Managers

Orcadia sees growth potential in Belgian pension funds

Orcadia Asset Management, active in the Benelux and France, has surpassed the 1.1 billion euro mark in assets under management. This allows the asset manager to operate profitably from Luxembourg. “Mergers and acquisitions in the Belgian landscape only …
October 25, 2022
News

Bottom-pickers look to ECB for clues on market direction

Have financial markets reached a bottom yet? Or is there more room on the downside? Investors, keen to find out how close to the bottom markets are, will be looking at Frankfurt on Thursday where the European Central Bank will again shed its lights on …
October 24, 2022
Asset Servicing

Mikro Kapital appoints EDB as paying agent

European Depositary Bank, a Luxembourg-based provider of banking, depositary and custody solutions part of the Apex Group, on Monday said it has been appointed by Mikr o Kapital Management S.A., a Luxembourg-based alternative lender and a leading …
October 24, 2022
Investing

‘Climate, not inflation, is today’s biggest challenge’

The future has never been more uncertain, and that has more to do with the climate than the business cycle, argues Paul De Grauwe, one of Belgium’s top economists. “Not inflation, but climate is the biggest challenge we face today,” he said. “The entire …
October 24, 2022
Investing,Opinion

Chart of the week: inflation drives profits down

Corporate profits will not fall even if economic growth declines, because of inflation. That is the thinking many investors have when it comes to expected earnings growth for the next 12 months, which is still positive. But I think we are now past the …
October 24, 2022
Private Banks

Private banks in Luxembourg struggle as margins squeezed

Since 2015, the grand duchy has lost almost a third of its private banks. France and Germany are no longer among the key markets. Private banks in Luxembourg, especially the smaller ones, are struggling as their margins are squeezed while weak financial …
October 21, 2022
Asset Managers

Luxembourg fund managers ordered to review costs

Luxembourg funds may well be too expensive. Investment fund managers of Ucits funds in Luxembourg, home to about a third of all such funds in Europe, have been ordered to review, and if necessary correct, the way they calculate the costs and fees of their …