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Banks credit risks surge to €2 72bn: PWC Luxembourg

Credit risk provisioning for banks in Luxembourg overall rose by over 20%, from €2.25bn in 2021 to €2.72bn in 2022, PWC has said. The increase was particularly dramatic for Chinese banks, which saw their provisioning jump from €6m to €163m, a 27-fold increase compared to the previous year.

Acquisition of CBP Quilvest finalised

Acquisition of CBP Quilvest finalised
delano.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delano.lu Daily Mail and Mail on Sunday newspapers.

Fideuram Intesa Sanpaolo completes deal for Lux private bank

Fideuram Intesa Sanpaolo completes deal for Lux private bank
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Italy s Fideuram takes over private bank Quilvest

Italy s Fideuram takes over private bank Quilvest
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