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From left to right: Andras Takacs is deputy CEO in charge of operations; Olivier Carcy is CEO of Indosuez Wealth Management in Europe and senior country officer for the Crédit Agricole group in Luxembourg; Vincent Manuel is deputy CEO in charge of development. Photo: Provided by Indosuez
WEALTH MANAGEMENT

“We want Luxembourg as a real hub”: Indosuez executives

Three top executives from Indosuez Wealth Management--Olivier Carcy, Vincent Manuel and Andras Takacs, all of whom took on new positions at Indosuez in the past year--sat down with Delano to talk about priorities, strategy and making Luxembourg into a “real hub” for Indosuez.

Lydia Linna • 26.09.2023
The European Banking Authority announced on 26 September that its second mandatory analysis of Basel III’s full implementation reveals “a significantly reduced impact on EU banks with shortfalls nearly fully absorbed.” Photo: Shutterstock
BANKS

Just €600m needed for EU banks to comply with Basel III: EBA

Kangkan Halder • 26.09.2023
For Jean-Pierre Gomez, Head of Public and Regulatory Affairs at SGSS Luxembourg, RIS brings significant opportunities for retail investors, provided the strategy can really deliver on its objectives of investor protection and quality advice.  Photo : SGSS Luxembourg
BRAND VOICE - BANKS

A package for the retail investor

SGSS Luxembourg • 26.09.2023
Anna Zakrzewski worked for more than 20 years at Boston Consulting Group (BCG) before joining Quintet as COO. Photo: Quintet Private Bank
BANKS

Anna Zakrzewski named COO of Quintet Private Bank

Paperjam.lu • 25.09.2023
Strengthening the local ecosystem, the new bank intends to step up its business activity substantially over the next few years, as CEO Philippe Seyll explains. Crédit photo : Marie Russillo (Maison Moderne)
BRAND VOICE - BANKS

Getting fund managers and distributors better connected

Clearstream • 22.09.2023
“The bigger premises represent our steep growth over a short period of time and give us room to further drive our expansion in the region,” Percy Golergant, the newly appointed executive director at Monex Europe, said of the firm’s bigger office space in the grand duchy. Photo: Monex Europe
BANKS

Monex Europe expands with new Luxembourg office

Kangkan Halder • 20.09.2023
“The digital euro could spur further innovation and act as a potential springboard for pan-European solutions that could drive revenue growth for banks,” Burkhard Balz, an executive board member of Germany’s central bank, said in an email interview with Delano. Photo: Deutsche Bundesbank
BANKS

Digital euro to foster innovation, financial sovereignty: top German official

Kangkan Halder • 19.09.2023
The European Central Bank has revised its inflation and unemployment forecasts downwards, along with real GDP and trade growth figures. Photo: European Central Bank
BANKS

Revised ECB economic projections show growth slowing sharply

Kangkan Halder • 19.09.2023
“So we have to do what we have to do, which is currently to hike,” stated European Central Bank president Christine Lagarde during the previous monetary policy meeting on 27 July 2023. Photo: European Central Bank
BANKS

One last squeeze: ECB implements 25bps rate hike

Kangkan Halder • 14.09.2023
Yves Biwer (right) will be retiring from his position as chairman of Banque Raiffeisen’s management board at the end of the year. The chairman of the board of directors, Guy Hoffmann (centre), and the board have appointed Laurent Zahles (left) to replace him. Photo: Banque Raiffeisen
BANKS

Laurent Zahles named chairman of Banque Raiffeisen’s management board

Thierry Labro • 13.09.2023
“We might hike and we might hold, and what is decided in September is not definitive,” European Central Bank president Christine Lagarde stated in response to a press question during the previous monetary policy meeting on 27 July 2023. Photo: European Central Bank
BANKS

ECB may defy expectations with rate hold, analysts skeptical

Kangkan Halder • 13.09.2023
David Claus was appointed CEO of European Depositary Bank and member of the board of directors in June 2022. Photos: Provided by European Depositary Bank. Montage: Maison Moderne
BANKS

David Claus: “We need to continue to up the game”

Lydia Linna • 12.09.2023
“The digital euro will foster the development of pan-European payments solutions, which could increase competition in the digital payment ecosystem,” Denis Beau, the first deputy governor of the central bank of France, said in an email interview with Delano. Photo: Banque de France
BANKS

“Digital euro will be complementary to cash and not replace it”: top French official

Kangkan Halder • 12.09.2023
The interest rates on new housing loans continue to rise, according to preliminary data from Luxembourg’s central bank. Archive photo: Matic Zorman / Maison Moderne
BANKS

Mortgage rates up 18 basis points to 4.60% in July

Kangkan Halder • 08.09.2023
Banque Internationale à Luxembourg announced that its net income before tax for H1 2023 has surged by an impressive 53%, increasing by €41m to €118m, compared to the first semester of 2022. Archive photo: Romain Gamba/Maison Moderne
BANKS

H1 net income jumps 50% to €103m: Bil

Kangkan Halder • 04.09.2023
Ananda Kautz at the Luxembourg Bankers’ Association (ABBL) says there’s still plenty of work to do to inform financial leaders and senior managers about artificial intelligence and the EU AI Act. Photo: Vio Dudau
BANKS

We must raise awareness about AI: ABBL’s Kautz

Yusuf Yassin • 29.08.2023
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