With a population of only half a million, Luxembourg is one of the world’s most developed economies and a key seat of the European Union. Thanks to its strategic location at the heart of Western Europe, social and political stability, innovative and international orientation, as well as modern legal and regulatory framework, the Grand Duchy is the Eurozone’s premier private banking center and the world’s second largest fund center, attracting banks, insurance companies, investment fund promoters and specialized service providers worldwide. Both international firms and local firms need to adapt themselves to the changing landscape of legal market.

Finance

Luxembourg is the premier private banking center in the Eurozone and the second largest fund center in the world.

German private banking company Hauck & Aufhäuser have added Sal Oppenheim Jr & Cie to their group, along with Luxembourg S.A. and Oppenheim asset management services - two entities previously owned by Deutsche Bank. The acquisitions will add €25 billion to assets which sat at €50 prior to the deals expanding their assets servicing activities.

Hauck & Aufhäuser Solidifies Position in Luxembourg With Acquisition of Sal. Oppenheim

German private banking company Hauck & Aufhäuser have added Sal Oppenheim Jr & Cie to their group, along with Luxembourg S.A. and Oppenheim asset management services - two entities previously owned by Deutsche Bank. The acquisitions will add...

01-02-2017

SGG Group Acquire Cim Global Business

Luxembourg-based financial service provider SGG have announced their intention to acquire Cim Global Business. The operation has an estimated cost of $90.3 million and will be completed by the second quarter of 2017 giving the group a joint workforce...

15-03-2017

These two acquisitions are important parts of SGG’s expansion plans in Luxembourg, South Africa and South-East Asia.

SGG Merges with LuxGlobal Trust Services and Cim Global Business

These two acquisitions are important parts of SGG’s expansion plans in Luxembourg, South Africa and South-East Asia.

29-06-2017

China’s Legend Holdings has announced the acquisition of a 90% stake in Banque Internationale à Luxembourg (BIL) for €1.48 billion from Precision Capital, a Qatar investment fund that represents the royal family.

Legend Acquires Luxembourg’s BIL Bank for €1.5 Billion

China’s Legend Holdings has announced the acquisition of a 90% stake in Banque Internationale à Luxembourg (BIL) for €1.48 billion from Precision Capital, a Qatar investment fund that represents the royal family.

05-09-2017

Rodrigo Sepúlveda Schulz is one of Luxembourg’s most prominent tech venture capitalists. In 2015, he co-founded Expon Capital, investing in private technology companies, usually at an early stage. A digital native, he is a former strategy consultant, a serial entrepreneur, and a well-regarded business angel.

“We want to invest in disruptive companies that have global potential”

Rodrigo Sepúlveda Schulz is one of Luxembourg’s most prominent tech venture capitalists. In 2015, he co-founded Expon Capital, investing in private technology companies, usually at an early stage. A digital native, he is a former strategy consultant,...

30-08-2017