42,800 millionaires in Luxembourg | Delano News
WEBJun 30, 2021 · In 2020, 20.8m wealthy people are registered and have accumulated $79.6trn in assets. This story was first published in French on Paperjam. It has been translated and edited for Delano. The number of millionaires living in Luxembourg has increased by 6.5% in one year, data by Capgemini shows. Their assets also rose 8.3%.
Freelander's and Citabel in strategic merger | Delano News
WEBDec 22, 2021 · 1X. Citabel and Freelander's, the two Luxembourg-based sports and leisure retailers, have announced a strategic merger that is expected to take place in 2022. Both retailers want to increase their market share by joining forces in a strategic partnership that should materialise as early as next year, the two sports retailers have announced.
Are you well paid? Luxembourg’s 2023 salary guide by sector
WEBAug 11, 2023 · Here, rates range from €350 (L1-L3 helpdesk) to €950 per day (IT interim manager) for a junior, rising to €1,000 per day when working with senior staff (€1,750 per day for an IT interim manager). These rates were similar in 2021. This article in Paperjam. It has been translated and edited for Delano. Hays has just revealed its 2023 ...
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WEBLuxembourg UCIs grow 8.53% year-on-year: CSSF. Total net assets of collective investment undertakings in Luxembourg reached €5.639trn in August 2024, up 0.35% from July and 8.53% year-on-year. Kangkan Halder • 02:00. UCI net assets up to €5.47trn in May 2024: CSSF Luxembourg UCI net assets drop to €5.42trn in April 2024 Luxembourg UCI ...
Luxembourg political icon shares pearls of wisdom - Delano
WEBSep 3, 2023 · Luxembourg political icon shares pearls of wisdom. Published on 09.03.2023 • Edited on 10.03.2023 at 04:36. Erna Hennicot-Schoepges is seen speaking, on stage with Claudia Neumeister , at a British Chamber of Commerce for Luxembourg event marking International Women’s Day, 8 March 2023. Hennicot-Schoepges was …
Utmost Group announces acquisition of Lombard International
WEBApr 7, 2024 · UK life insurer Utmost Group has announced that it has reached an agreement to acquire Lombard International Assurance Holdings, which will continue to operate from Luxembourg. The transaction, which is subject to approval, is expected to be completed by the end of the year. Two major insurance-based wealth management solutions companies are ...
Nearly a third of jobs in Luxembourg linked to financial sector
WEBJan 16, 2023 · The proportion of Luxembourg’s workforce directly employed in the financial industry has remained steady--about one in seven of all employees in the country--between 2011 and 2021. “The financial sector added value per employee is approximately two times higher on average than the other sectors of the economy,” according to the report.
Luxembourg state will soften third indexation blow, but in 2024
WEBJan 9, 2023 · The legislation stated: “The financial impact for each financial year, which will be borne entirely by the state and may be financed in different ways in order to smooth out the impact on the state’s cash flow, will be €310.5m in 2024, €23.6m in 2025 and €6.5m in 2026. However, as the state must recover an amount of approximately € ...
State Street leads in fund admin, custody, as transfer agent - Delano
WEBDec 9, 2023 · Arendt tops legal ranking. In the legal advisers category, Arendt & Medernach have maintained their top position in terms of sub-funds (4,488 as of 31 December 2022), about 1,000 sub-funds ahead of second-place Elvinger Hoss Prussen. Allen & Overy and Linklaters take the third and fourth positions, with 729 and 710 sub-funds respectively.
Uber to come to Luxembourg in mid-June thanks to Webtaxi
WEBMore than 100,000 people in Luxembourg open the Uber app and close it again immediately every year. From mid-June, these tourists and other businessmen and women will be able to find an offer. “We started Webtaxi in 2012 with 30 taxis. We came onto the market with the idea of having transparent prices, knowing the fare before the journey.
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