Malaysia’s Petronas to fight for seizure of Luxembourg assets
Malaysian Prime Minister Ismail Sabri Yaakob vowed to appeal the French court's decision....
Tag : Luxembourg
Fintech unicorn PingPong is Luxembourg’s first to secure emoney licence
The fintech provided services to over 800,000 sellers across the globe spanning 14 different markets...
ONPEX secures seven-digit investment for Banking-as-a-Service platform
ONPEX is an award-winning, global cloud-based account and payment solution that combines SEPA and cross-border SWIFT transactions via a white label Banking-as-a-Service (BaaS) platform...
A visionary and innovative partner for your private wealth management needs
Arche Associates, one of Europe’s leading financial services companies, has a boutique of services and offering embedded in the goal of providing innovative private wealth management solutions...
More sovereign sukuk on the way
This was the opinion of delegates at the IFM’s summit on Islamic finance - Tim Evershed...
KBL epb 2015 net profit rises 22%
Full year net profit reaches €81 million; revenues rise to €548 million May 10, 2016: KBL European Private Bankers (KBL epb), headquartered in Luxembourg and operating in 50 cities in Europe, announced its positive financial results for the 12-month period ending December 31, 2015. KBL epb reported a group net profit of €81 million for...
‘GCC can weather the fall in oil prices’
Interview with Joel Kukemelk, Fund Manager of LHV Persian Gulf Fund (LHV Asset Management) IFM Correspondent January 5,2015: In which countries does LHV have investment experience? LHV has experience in investing across the world. LHV Asset Management holds the second biggest market share in Estonian mandatory pension fund market, which was launched more than a...
For Luxembourg, €200mn bond was just a start
The Grand Duchy has a long history of working with the Islamic sector, but is not content to rest on its laurels Tim Evershed December 17, 2014: The government of Luxembourg is ready to help Islamic finance move into the mainstream financial markets with a raft of initiatives. The Grand Duchy has a long history...
OECD frames new rules to limit Corporate Tax avoidance
12 more countries have signed, or committed to sign, the OECD’s multilateral convention on mutual administrative assistance on tax matters. The days of MNC’s exploiting fiscal loopholes over tax payment are now over with the OECD getting a strong backing to design an international clampdown on corporate ‘tax cheats’. “We need to take actions which...