News Luxembourg Redange: Luxembourg banks & funds chopped Russia exposure in 2022
Luxembourg banks have cut their exposure to Russia by more than a third, while Luxembourg investment funds have divested more than four-fifths of their pre-sanctions portfolios.
News Luxembourg Redange: Luxembourg needs 270,000 extra workers by 2030
Foreign workers make up 70% of Luxembourg’s 460,000-strong labour force, with 210,000 crossing the border daily for work. [Shutterstock/Gorodenkoff] Luxembourg will ...
News Luxembourg Redange: MVB Financial Corp. announces merger with Integrated Financial Holdings
MVB Financial Corp. (“MVB,” “MVB Financial”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc. (“MVB Bank”), announced Friday that it has entered into a ...
News Luxembourg Redange: Bank Fortuna to close shop, Spuerkeess takes on clients
Cooperative Fortuna bank, founded in 1920 in Luxembourg, previously tried to strike a deal with Bank of Beirut ...
News Luxembourg Redange: Exclusive-Luxembourg banks told to freeze Ecuador assets amid Perenco dispute, documents show
The Cotopaxi volcano is seen near Quito, Ecuador, August 10, 2015. REUTERS/Guillermo Granja/File Photo ...