Finance

Completion Announced in Nordea/UBS Transaction

Allen & Overy has advised Nordea Bank S.A. on the sale of part of Nordea’s Luxembourg-based private banking business to UBS Europe SE; completion was announced on 15 October 2018, further to the signing of the agreement on 25 January 2018. Nordea Bank is one of the biggest banks in Europe and the third largest [...]

Loïc Le Foll Appointed CEO at La Mondiale Europartner

Loïc Le Foll has been appointed Chief Executive Officer of La Mondiale Europartner in succession to Fabrice Sauvignon with effect from 31 October 2018, subject to the agreement of the Luxembourg Insurance Commissariat. He will carry out his duties under the responsibility of Jean-Marc Crestani, Executive Committee [...]

EIF, BCEE Confirm €40m for Businesses in Luxembourg

The European Investment Fund (EIF) and Banque et Caisse d’Épargne de l’État in Luxembourg (BCEE) have signed a new guarantee agreement on a portfolio of loans of €40 million to improve access to finance for small and medium-sized enterprises (SMEs) in Luxembourg. This agreement benefits from the [...]
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