Private banks in Europe saw their profits decline in 2019, for the second year in a row, according to a study by McKinsey. Profitability is under pressure due to a combination of rising costs and lack of client growth. According to the management …

The Canadian Imperial Bank of Commerce (CIBC) has moved its European headquarters from London to Luxembourg following Brexit. The bank has migrated the accounts of its continental European clients to its newly established Luxembourg base, the bank …

La qualité, et pas la croissance, est le vrai facteur de différentation dans les marchés, déclare Adrien Bommelaer, gestionnaire de portefeuille chez le boutique asset manager français, La Financière de L'Echiquier (LFDE), dans un podcast. En raison de la …

Net corporate borrowing around the world will increase by $1 trillion in 2020 as the coronavirus pandemic is further increasing companies’ need for debt financing, according to research by Janus Henderson Investors. Global corporate debt had already …

On 1 September 2020, Rajaa Mekouar will leave her CEO functions at LPEA, the Luxembourg Private Equity and Venture Capital Association, to fully focus on her PE/VC Head and Portfolio Manager functions. She will be succeeded by Stephane Pesch, who has …

Fund distribution platform Allfunds recently launched a separate B2B platform for mandate solutions in Luxembourg. The new service aims to become the leading B2B sub-advisory platform in Europe and bring fiduciary knowledge to the wholesale sector. ‘We …

The Trump administration has proposed a bill prohibiting pension funds from incorporating ESG criteria into their portfolios. The Department of Labor's proposal instructs pension funds to choose investments ‘based solely on financial considerations’. …

As a result of the Covid-19 crisis, inflation expectations have fallen even more. From already very low levels. When, if ever, will inflation ever rise again? Peter De Coensel, CIO Fixed Income at Degroof Petercam Asset Management (DPAM) and fund manager …

The income of Degroof Petercam Luxembourg’s private banking division has not been dented by the coronavirus crisis. To the contrary, results have been ‘above expectations’ thanks to a sharp increase in trading revenue, says its head Kris De Souter in an …

Sustainability fraud is on the radar of few investors and asset managers, but it is potentially much more harmful. The introduction of the EU green taxonomy will only serve as a further incentive for companies to misrepresent their sustainability …

McKinsey: private bank profitability declines again

CIBC moves European hub to Luxembourg

La Financière de L’Echiquier : « La qualité est encore plus importante que la croissance »

‘Net corporate debt to rise by $1 trillion in 2020’

‘Private equity must demonstrate commitment to real economy’

Allfunds: Europe's biggest B2B fund platform in the making?

Trump starts war on ESG

Will inflation ever rise again?

Active clients propel Degroof Petercam private banking profits

KPMG sends "green fraud" warning to investors