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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. ....

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Julius Baer – A Swiss success story in Luxembourg

Julius Baer is the leading Swiss wealth management group and an international premium brand with a focus on servicing and advising sophisticated private clients. With origins dating back to 1890, Julius Baer is currently managing CHF 424 billion present in 25 countries with more than 60 locations. ....

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