Hints and tips:
...Mr Bogdanchikov had previously sued the bank in Luxembourg and Switzerland but only recently learned of the alleged involvement of the New York parties, paving the way to sue in the US....
...Ce qu’on a d’ailleurs pu nous-mêmes faire quand on a vu ça, du Grand-Est vers d’autres pays que j’ai pu remercier, le Luxembourg, la Suisse, l’Autriche, l’Allemagne....
...Chinese investment company Legend Holdings is buying a 90 per cent stake in Banque Internationale a Luxembourg from its Qatari owners in a transaction that values the lender at €1.6bn....
...Legend Holdings is buying a 90 per cent stake in Banque Internationale a Luxembourg from its Qatari owners, Precision Capital, in a transaction bankers say is valued at over $1bn....
...In a statement, Geneva-based Edmond de Rothschild gave no details but said the fine in Luxembourg “marks the end of the proceedings in which it has actively participated.”...
...He will join from Attrax, a Luxembourg-based fund services provider. Franklin Templeton, the $894bn global asset manager, has hired Mats Eltoft as sales director for the Nordic region....
...“The biggest consensus by any margin is to be long dollar, short euro,” says Yves Kuhn, chief investment officer at Banque Internationale à Luxembourg....
...Banque Internationale à Luxembourg, the oldest privately owned Luxembourg bank, has appointed Hugues Delcourt as chief executive....
...Mr Bechet was previously head of investment funds services at Banque Degroof Luxembourg....
...The infrastructure team, led by Jean-Francis Dusch, has a €1bn asset target and is also planning to launch a Luxembourg-regulated fund....
...Michael helped defend the Luxembourg-based steelmaker, which capitulated. Win some, lose some....
...ESBD, which opened in DIFC in 2007, is the regional headquarters of the ES Group and a subsidiary of Luxembourg-domiciled Espírito Santo Financial Group....
...“At present, we have three main hubs in Paris, Geneva and Luxembourg. London will become the fourth hub,” the former HSBC banker says....
...This week Luxembourg announced that it was poised to sell its first Islamic bond, after hiring HSBC, BNP Paribas, Banque Internationale à Luxembourg and Qatar-based QInvest to arrange meetings with investors...
...Last year, it launched a London-based merchant banking business in an effort to turn the City into Edmond de Rothschild’s fourth major European business centre alongside Paris, Geneva and Luxembourg....
...move has been timed to correspond with the launch of Edmond de Rothschild’s first merchant bank in London as the group attempts to make the UK capital its fourth global hub alongside Paris, Geneva and Luxembourg...
...He also plans to axe roughly a third of the company’s 200 open-ended funds to avoid duplication of locally domiciled products within its growing Luxembourg Sicav platform....
...“We have got three main hubs in Paris, Geneva and Luxembourg. London will in the future become the fourth hub,” the former HSBC banker said....
...Eric Helderlé, the company’s long-serving managing director, and Eric Le Coz, managing director of its Luxembourg subsidiary, are also frontrunners....
...Benjamin de Rothschild chose London over two other EU locations, Luxembourg and France....
...The government had hoped that Banque Postale, the banking arm of the state-owned French post office, would step in to take over CIF....
...For the quote by [Bank 7 Banque et Caisse d'Epargne de l'Etat, Luxembourg] on 3 March 2009, the rate should have been 1.864% instead of 1.866%....
...● Banque Internationale à Luxembourg has a new chief investment officer. Yves Kuhn was previously a senior investment manager in emerging markets at Swisscanto....
...● Banque Degroof Luxembourg has hired Cecilia Chin as general manager for its new office in Hong Kong. Ms Chin used to head sales and investor relations at SAIL Advisors....
...Other deals included the nationalisation of its Belgian bank and the sale of its Luxembourg unit to a Qatari investor....
International Edition