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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.

Swissquote Becomes 1st Luxembourg Bank to Offer Depositary Services to Digital Asset Investment Funds

Swissquote Becomes 1st Luxembourg Bank to Offer Depositary Services to Digital Asset Investment Funds
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