News
Luxembourg continues to rank among the top 3 financial centres in the EU
Luxembourg is ranked as one of the top 3 financial centres in the EU, according to three different rankings that were recently published: the Global Financial Centres Index 24, the New Financial International Financial Centres Index, as well as the latest Global Green Finance Index (GGFI).
Alipay and China UMS to set up EU hub in Luxembourg
At the end of a week-long mission led by Minister of Finance Pierre Gramegna to Beijing, Hangzhou and Shanghai, China’s Ant Financial confirmed the decision of its payment arm – Alipay - to set up its EU hub in Luxembourg.
GFCI: Luxembourg once again ranked top 3 financial centre in the EU
Luxembourg is once again ranked as one of the top 3 financial centres in the EU, according to the latest edition of the Global Financial Centres Index 24, published today.
J.P. Morgan strengthens its Luxembourg presence to serve European clients
J.P. Morgan has decided to establish a significant wealth management hub in Luxembourg and increase its capabilities in its Corporate & Investment Bank - Treasury Services and Custody and Fund Services.
Luxembourg ranked 2nd in the EU in new financial centre index
The inaugural edition of the New Financial International Financial Centres Index ranks Luxembourg as the 2nd financial centre in the European Union, after the UK. In terms of international activity, Luxembourg even ranks 3rd globally behind the US and UK but ahead of major European and Asian financial centres such as Hong Kong, Singapore, Germany or France.
Bank of Singapore launches Luxembourg wealth management arm to serve clients in Europe
Bank of Singapore, the dedicated private banking subsidiary of OCBC Bank, which is the second largest financial services group in Southeast Asia by assets, has received a license to operate a wealth management subsidiary in Luxembourg. It is the first time a Singaporean bank sets up shop in the country.
The world’s first legal framework for green covered bonds
The law, which entered into force on July 1st, establishes the legal framework for a new type of covered bond to finance the generation of renewable energies. This is the first law globally to establish a Green Covered Bond and underlines Luxembourg’s commitment to help drive global innovation in sustainable finance.
Luxembourg´s financial centre ecosystem is supporting Brexit business
Nicolas Mackel, CEO, Luxembourg for Finance discusses why Luxembourg is continuing to win Brexit business on Sky News with business presenter Ian King.
LFF launches new publication on corporate finance
Over the course of the last decades, Luxembourg has built a financial services industry that is specialised in cross-border activities. Well known for its funds, wealth management, insurance and capital markets activity, Luxembourg is maybe less known for its corporate finance services.
Luxembourg and Shanghai exchanges connect issuers and international investors through new Green Bond Channel
The Luxembourg Stock Exchange (LuxSE) has launched a Green Bond Channel in partnership with the Shanghai Stock Exchange (SSE).