POLITICS & INSTITUTIONS - ECONOMY

100 staffers and counting for banking tech outfit



Pictet Technologies, the IT services subsidiary of the Pictet asset servicing and wealth management group, celebrated the hiring of its 100th employee this week and said it would continue its recruitment drive.

The outfit was started by the Swiss private bank in Luxembourg in April 2016. Pictet Technologies provides systems and applications to the banking group and its clients.

The Pictet banking group said in a press release that here in Luxembourg it had “nearly 760” employees and €255bn in assets under management or custody. Globally, the figures were 4,300 staff members and €440bn in assets.

The reception was held at the firm’s Belval offices on 16 July and was attended by Xavier Bettel, the prime minister (DP).