Latest News for: Luxembourg bank


Cash crunch for British funds puts regulators under pensions lens

FX Empire 06 Oct 2022
After the global financial crisis of more than a decade ago, regulators tightened rules on banks ... LDI funds used by British pension schemes are largely listed in Luxembourg and Dublin, but their managers are based in Britain and regulated by the Financial Conduct Authority, while the BoE regulates banks, some of which act as counterparties.

BNP Paribas’ Nandita Bakhshi and Florence Pourchet Named to American Banker’s Most Powerful Women Lists ...

Hastings Tribune 05 Oct 2022
Now celebrating its 20th anniversary, The Most Powerful Women in Banking TM program recognizes individuals and teams for demonstrating exceptional leadership skills, strong performance and a commitment to driving real outcomes for diversity, equity and inclusion in financial services ...

The interest rate cycle

Ekathimerini 04 Oct 2022
The increase in interest rates is generalized, but not so generalized as to apply to all banking products ... If, however, it deposits these funds in, say, a private bank in London or Luxembourg, it can earn a return of 0.60% in a month and more than 2% with a fixed-term deposit of one year.

Philippines' foreign investments yield 86 mln USD net outflows in August 29 Sep 2022
29 (Xinhua) -- The Philippine central bank said Thursday that the Philippines' foreign investments yielded net outflows of 86 million U.S ... The central bank added that it saw 792 million U.S.

The City is fighting to carve out a post-Brexit role

Economist 22 Sep 2022
ey, a consultancy, reckons that 7,000 jobs and £1.3trn ($1.5trn) of assets were lost from a sector that employs 1.1m, manages investment funds worth £11trn and holds banking assets worth £8.3trn ... International firms opening a European hub, whether Japanese banks or Chicago trading outfits, prefer Amsterdam or Luxembourg ... Many funds are fragmented ... ■ .

Centerview Partners Welcomes Yann Krychowski as a Partner in Paris Office

Eagle-Tribune 19 Sep 2022
He joins Centerview from Barclays, where he most recently served as Co-Head of Investment Banking for France, Belgium and Luxembourg, and has over two decades of investment banking experience in the European markets ... CONSULTING BANKING PROFESSIONAL SERVICES FINANCE.

BNP Paribas Securities Services Hires John Ferrara as Head of Sales and Relationship Management for ...

The Joplin Globe 19 Sep 2022
BNP Paribas, Europe’s leading financial institution, announces today the appointment of John Ferrara as Head of Sales and Relationship Management for the Institutional Investors client segment in the Americas for BNP Paribas Securities Services, the bank’s securities services division ... Belgium, France, Italy and Luxembourg.

Barbados PM makes impassioned plea on behalf of Caribbean

Jamaica Star 14 Sep 2022
And look at the countries, in spite of being able to open a bank account in hours in Delaware or Wyoming, within hours in Luxembourg or Zurich and they remain off of this list that speak about the risk to money laundering and look and see where the divide comes,” Mottley said ... She told the hearing on “When Banks leave.

Spanish retailer DIA considers sale of Clarel perfume stores

Reuters 13 Sep 2022
Register ... El Confidencial also said DIA had hired local investment bank Arcano. The bank did not immediately respond to a request for comment. Luxembourg-based fund LetterOne, in which Russian tycoon Mikhail Fridman is a major shareholder, owns almost 78% of DIA, according to Refinitiv data ... Register ... Our Standards ... ....

Legendary street photographer William Klein dies in Paris

Reuters 13 Sep 2022
Register ... Klein lived most of his adult life in Paris, where his quirky photographs were adored by the 1960s avant-garde art world on the Left Bank. He married a French woman and lived for decades in the same apartment by the Jardin du Luxembourg, but in a 2014 interview with The Guardian he said he never felt French ... Register ... Our Standards ... ....

Small acts can have big impacts

The Morganton News Herald 09 Sep 2022
For our 20th wedding anniversary, Sue and I rewarded ourselves with a cruise down Europe’s Rhine River, in which we were treated us to the gorgeous scenery of several nations, including Luxembourg ... European leadership know that Luxembourg wields influence ... After World War II, Luxembourg remade itself completely revamping its economic system.

Palestinian PM calls for immediate protection of two-state solution

Xinhua 09 Sep 2022
Ishtaye made the remarks when meeting with Luxembourg's Minister of Development Cooperation and Humanitarian Affairs Franz Fayot in the West Bank city of Ramallah. During the meeting, Ishtaye praised Luxembourg's firm position on the two-state ...

China to name Zhang Qingsong as vice governor of central bank -Caixin

FX Empire 07 Sep 2022
(This Aug 24 story corrects spelling of Export-Import Bank of China in fourth paragraph) ... The People’s Bank of China (PBOC) now ... Yi Gang has been central bank governor since 2018 ... During his stint at Bank of China, Zhang held senior posts in Hong Kong, Singapore and Luxembourg.

Banking Veteran Zhang Qingsong Appointed PBOC Deputy Governor

Caixin Online 07 Sep 2022
Veteran banker Zhang Qingsong has been appointed a deputy governor of the People’s Bank of China (PBOC), an official announcement said ... Last month, Caixin learned from sources with knowledge of the matter that Zhang had begun working at the central bank. Zhang, about 57, started his banking career in 1990 at Bank of China Ltd.

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