Banque de Luxembourg News - all the latest news from Banque de Luxembourg: news from the markets, business areas, corporate news. Whats going on at Banque de Luxembourg Banque de Luxembourg News - all the latest news from Banque de Luxembourg: news from the markets, business areas, corporate news. Whats going on at Banque de Luxembourg en Copyright Banque de Luxembourg 2019 Banque de Luxembourg The global economic slowdown seems to be intensifying Mon, 09 Sep 2019 09:00:00 +0200 In the United States, corporate and residential property investments have ceased to contribute to growth. In the eurozone, the lack of any improvement in the manufacturing sector continues to be affected by weak global trade. This is the view of Guy Wagner, Chief Investment Officer at BLI - Banque de Luxembourg Investments, and his team, in their monthly analysis, ‘Highlights’. Investing in Emerging Markets - Prefer local dominance to global presence Mon, 05 Aug 2019 09:00:00 +0200 Applying our business-like investment approach to emerging markets often results in identifying locally-dominant companies. In fact, whereas the number of global dominators is limited, emerging markets tend to have many dominant local companies that are highly profitable. These companies have been present for decades in their home countries and enjoy sustainable competitive advantages. While catering to local preferences, they have been building economies of scale, growing brand equity and perfecting their distribution networks. BL Mobile Banking: your accounts at your fingertips Tue, 25 Oct 2016 15:01:00 +0200 Get in touch whenever you want, whether you’re at home or on the move. With the BL Mobile Banking app, your Bank is available 24/7 for all your daily banking needs. The gulf between the secondary and tertiary sectors has led to economic slowdown Thu, 08 Aug 2019 09:00:00 +0200 The global economy continues to be characterised by the divergence between a weak manufacturing sector and resilient services activities. This is the view of Guy Wagner, Chief Investment Officer at BLI - Banque de Luxembourg Investments, and his team, in their monthly analysis, "Highlights". Our perspectives for the third quarter of 2019 Mon, 29 Jul 2019 09:00:00 +0200 Every quarter, our specialists interpret trends in the global economy and financial markets. Read their views on the third quarter of 2019. Supporting young people's artistic creativity: the Summer Orchestra Luxembourg Wed, 07 Aug 2019 09:00:00 +0200 As a responsible bank, we have a duty to the Luxembourg community which provides the framework for our development. Accordingly, we have always engaged with life in Luxembourg City, especially in the musical arena with which our Bank maintains close links. “I’ll lose control of my investments”: preconceived idea no. 3 about discretionary management Fri, 23 Aug 2019 09:00:00 +0200 You may be surprised to learn that when you delegate the management of your assets through a discretionary management solution, you decide which strategy to apply to your investments. We tailor your portfolio to your investor profile, so you benefit from the advice of an expert and a strategy that suits you. Cross-border property projects: comprehensive support in France, Belgium and Germany Mon, 05 Aug 2019 09:00:00 +0200 Are you a Luxembourg resident interested in purchasing a property abroad? Whether you are thinking of investing in a second home or a buy-to-let, Banque de Luxembourg offers comprehensive support at every stage of your project: from purchase to managing your investment and inheritance planning. VISA Infinite: an infinite world of privileges Tue, 12 Nov 2013 14:12:00 +0100 Personalised concierge services, offers and privileges reserved for members, a comprehensive range of insurance and assistance, flexible cash withdrawal and payment limits tailored to your lifestyle…VISA Infinite is a prestigious credit card, the most exclusive in Banque de Luxembourg's range. Four Seasons Academy: helping young people take control of their lives Wed, 14 Aug 2019 09:00:00 +0200 Inspired by the American science teacher Evren Gunduz, who established the principle of positive leadership, the "My Talent Academy" seminar is designed to help young people identify their talents and build their future through the Four Seasons Academy (4SA) programme. Banque de Luxembourg is supporting it for the fifth year running. Your Bank on your mobile - complete freedom for your accounts Tue, 06 Aug 2019 09:00:00 +0200 Get in touch whenever you want, whether you’re at home or on the move. With the BL Mobile Banking app, your Bank is available 24/7 for all your daily banking needs. Carefree travel with your payment cards Wed, 17 Jul 2019 09:00:00 +0200 Travel with peace of mind. The extensive insurance provided with your payment cards gives you essential protection, no matter how or where you are spending your holidays. Here are some tips to help you use your card smoothly and wisely. “Returns are low”: preconceived idea no. 2 about discretionary management Tue, 16 Jul 2019 09:00:00 +0200 Find out how our experts manage your investments with the objective of generating performance over the long term. "I can manage fine on my own": preconceived idea no. 1 about discretionary management Fri, 21 Jun 2019 09:00:00 +0200 Find out what our wealth management experts will do for you every day when they take on the management of your portfolio. Why not plan some museum visits this summer? Thu, 18 Jul 2019 09:00:00 +0200 We are indebted to the local community that provides the environment for our growth. In return, we play an active role in the life of the city and have established a tradition of social engagement and support. We take our role as a responsible company very seriously and our commitment to the cultural arena reflects this. This includes supporting cultural institutions in our home countries. We use revolutionary technology to advise you. A sympathetic ear. Thu, 11 Jul 2019 09:00:00 +0200 Listening - actively, sympathetically, holistically and completely - is our most important means of paying attention to one another. In the area of wealth management, it is fundamental to long-term support. Private equity and why it is popular with investors seeking new investment opportunities Mon, 22 Jul 2019 09:00:00 +0200 A “private equity” investment is an investment in equities issued by companies that are not listed on a stock exchange. But how does this work exactly? Who is this type of investment aimed at? And what are the objectives? Manufacturing sector weakness continues to weigh on global economic growth Tue, 09 Jul 2019 09:00:00 +0200 In the United States, the deterioration of the purchasing managers’ indices has extended to services activities, while services activities remain astonishingly robust in Europe. This is the view of Guy Wagner, Chief Investment Officer at BLI - Banque de Luxembourg Investments, and his team, in their monthly analysis, ‘Highlights’. Divergences between the equity and bond markets Fri, 12 Jul 2019 09:00:00 +0200 Equity markets have continued to rally in recent weeks, led once again by the US market. The optimism of the equity markets comes in sharp contrast to the general decline in bond yields. Damien Petit, Head of Private Banking Investments at Banque de Luxembourg offers some explanations. Family Business Day, the dedicated forum for family entrepreneurs Thu, 11 Jul 2019 09:00:00 +0200 When it comes to family businesses, there are a whole host of issues to be considered. Often the focus is on company succession or the challenges within the family itself. But there is one important component that contributes significantly to the success of a company that is often overlooked: the most valuable people – the employees! Banque de Luxembourg: a partner of Amis des Musées Mon, 18 Sep 2017 09:00:00 +0200 As Amis des Musées Luxembourg celebrates its 40th anniversary, Banque de Luxembourg is strengthening its partnership with the cultural non-for-profit association, whose mission is to help promote Luxembourg's art and history museums in the Grand Duchy as well as abroad. Mieux comprendre : qu'est-ce que le Private Equity ? Wed, 13 Jan 2016 14:36:00 +0100 D’une manière générale, le « private equity » désigne les investissements en actions émises par des sociétés qui ne sont pas cotées en bourse. Explications avec Isabelle de Laminne, économiste, auteure, chroniqueuse à la Libre Belgique et responsable du blog Award for 'Zooms sur les Conjoints de Dirigeants' Wed, 26 Jun 2019 09:00:00 +0200 The study entitled "Zooms sur les Conjoints de Dirigeants" (spotlight on the spouses of family business leaders), conducted over a three-year period by the ICHEC Brussels Management School 'Families in Business' Chair, in conjunction with Banque de Luxembourg, a founder member of the Chair, has won the Award for the "Best Project Related To Transgenerational Entrepreneurship" Bank card: what are the credit limits and insurance when you're on holiday? Tue, 11 Jul 2017 09:00:00 +0200 With summer holidays fast approaching, it's time to make travel preparations. What is the monthly credit limit for your card? Can it be temporarily changed? What travel insurance does your payment card provide, including trip cancellation and delayed or lost luggage? What should you do if it is lost or stolen? Chair in Family Enterprises praised in Trends Tendances Wed, 26 Jun 2019 09:00:00 +0200 In its 6 June edition, the Belgian magazine Trends Tendances acclaimed our new Chair in Family Enterprises, created in partnership with HEC Liiège. Family Business Days - a conference for family business leaders Wed, 13 Jun 2018 10:45:00 +0200 Handing over the company can be a tricky process. It is the end of an era, and the beginning of a new one. When deciding to sell, the business leader must make plans and think about what happens “afterwards”. Sixth edition of Family Business Day Thu, 22 Jun 2017 09:00:00 +0200 More than 150 German-speaking family business leaders took part in the Family Business Day conference, which was held recently at Banque de Luxembourg. In the Top 10 of most attractive companies Wed, 26 Jun 2019 09:00:00 +0200 According to the 'Randstad Employer Brand Research' survey for 2019, Banque de Luxembourg is the seventh most attractive company in Luxembourg. Economic outlook darkens Tue, 25 Jun 2019 09:00:00 +0200 Signs of the global economy stabilising, that were seen at the start of the second quarter, have dissipated again. In the United States, the May purchasing managers’ indices suggest that the weakness in the manufacturing sector is extending to services. This is the view of Guy Wagner, Chief Investment Officer at BLI - Banque de Luxembourg Investments, and his team, in their monthly analysis, ‘Highlights’. Increasing signs of a synchronised global slowdown Mon, 14 Jan 2019 11:06:00 +0100 At the end of 2018, global economic growth continued to slow. In the United States, the orders of capital goods ceased increasing in the fourth quarter. This is pointed out by Guy Wagner, and his team, in their monthly analysis, ‘Highlights’. Little leeway for the ECB Mon, 24 Jun 2019 09:00:00 +0200 The ECB's capacity to boost growth appears limited. Jean-François Gillardin, Head of Discretionary Portfolio Management at Banque de Luxembourg, offers some explanations. The family histories of ten entrepreneurs paint a unique picture of Luxembourg Mon, 28 May 2018 15:19:00 +0200 Banque de Luxembourg and the publishing house Maison Moderne have produced a book tracing the history of ten Luxembourg business families. While there are already many books about Luxembourg's history, none have so far painted a contemporary picture through the history of its entrepreneurs' families. Telling stories of families, businesses and Luxembourg Tue, 05 Jun 2018 10:31:00 +0200 Banque de Luxembourg is collaborating with Maison Moderne to publish a book that tells the story of ten families with one thing in common: they are all pioneers in a saga of entrepreneurship. By Thierry Raizer - Paperjam June 2018 Business family stories: the Ernster family Fri, 08 Jun 2018 11:48:00 +0200 Banque de Luxembourg and Maison Moderne have published a book telling the stories of ten family businesses in Luxembourg. Family businesses: roots in Luxembourg, a footing in the world Wed, 19 Jun 2019 08:30:00 +0200 More than anywhere else, people in Luxembourg are defined by their homeland. Whether it's Vianden or Marnach, Walferdange or Remich, Esch or Dudelange, attachment to your home territory suggests a grounding in a traditional way of life and makes defending one's 'native land' a top priority. Déclaration fiscale belge : exonération partielle du précompte mobilier sur dividendes Tue, 04 Jun 2019 09:00:00 +0200 Le législateur belge a instauré l'exonération d'une première tranche de 640 euros sur certains dividendes. Quels dividendes sont concernés par cette exonération ? Qui peut bénéficier de cette exonération et comment obtenir l'avantage fiscal ? Et quelles autres nouveautés fiscales impactent votre déclaration fiscale 2019 (taxes sur les comptes-titres, etc.) ? Emerging market bonds: an inherently risky choice? Or a means of portfolio diversification? Gina Kogelschatz Gina Kogelschatz Fri, 07 Jun 2019 09:00:00 +0200 There is a widely held belief that emerging market corporate bonds necessarily imply higher risk for investors. Many investors indeed feel more comfortable investing in their country of residence or close to their home country, as Warren Buffett mentioned in an interview in the Financial Times [1]. Managing your wealth: the 10 golden rules Wed, 22 May 2019 10:09:00 +0200 There are certain key principles to respect if you wish to ensure the efficient management of your assets over the long term. In this article we review the 10 golden rules you should follow to help you navigate the financial markets. Real estate assets in France: what are the implications of the new France-Luxembourg tax treaty? Tue, 18 Jun 2019 09:00:00 +0200 You are a Luxembourg resident and have real estate assets in France (second home, rental investments, land, etc.). How will the introduction of the real estate wealth tax (since 1 January 2018) and the new France-Luxembourg treaty (due to enter into force on 1 January 2020) affect you? Real estate wealth tax (IFI): what are the main rules governing this tax? Tue, 18 Jun 2019 09:00:00 +0200 In France, since 1 January 2018, the real estate wealth tax (IFI) has replaced the solidarity tax on wealth (ISF). Who is subject to this tax? What assets are taken into account? What types of debt are deductible? Let us look at the main rules governing this tax. Discretionary portfolio management: tackling preconceived ideas Fri, 14 Dec 2018 16:21:00 +0100 While a growing number of clients have entrusted us with the management of their portfolios, others still believe that discretionary management is opaque, complex, not efficient enough, or too expensive. The Summer Academy 2019 - open for registration! Wed, 05 Jun 2019 09:00:00 +0200 The family business: to join or not to join? That is generally the key question for participants in the Summer Academy. The programme - for young people with family - is organised by Banque de Luxembourg and will take place from 27 to 30 August 2019. It is now open for registration. Our perspectives for the second quarter 2019 Thu, 23 May 2019 17:32:00 +0200 Every quarter, our specialists interpret trends in the global economy and financial markets. Read their views on the second quarter of 2019. With the slight correction on the equity markets, how are discretionary portfolios positioned? Wed, 29 May 2019 08:00:00 +0200 Equity markets worldwide have lost just over 3% since their peak at the end of April. Damien Petit, Head of Private Banking Investments at Banque de Luxembourg, analyses the situation and explains the management decisions that have been taken recently. HRH Princess Esmeralda of Belgium and Yann Arthus-Bertrand get involved in Friendship Belgium Thu, 30 May 2019 09:00:00 +0200 Founded by Runa Khan in Bangladesh in 2002, the Friendship foundation works in several sectors, including healthcare, education, climate change adaptation, sustainable economic development and promotion of basic human rights. Banque de Luxembourg has supported the foundation for many years. University Chair in Family Enterprises at HEC Liège Mon, 27 May 2019 16:00:00 +0200 A Chair in Family Enterprises has been created at HEC Liège in partnership with Banque de Luxembourg. Its three-year academic research programme is aimed at understanding the family business model and identifying to what extent it plays a meaningful role. Banque de Luxembourg: key figures for 2018 Fri, 03 May 2019 14:25:00 +0200 Learn more about our 2018 financial results in the online version of Overview, our traditional report that presents key facts and figures about the Bank. Solidarity through sport: 2019 edition of the Solirunbike charity race Tue, 28 May 2019 08:55:00 +0200 More than 60 teams took part in the second edition of the Solirunbike race, held in Kockelscheuer, Luxembourg, to show solidarity with child victims of Noma disease in Burkina Faso. Peace of mind in a complex world Mon, 06 May 2019 15:30:00 +0200 Discretionary management involves entrusting the management of your assets to the bank. It is a trusted solution in complex markets, and puts you in the right place at the right time as regards market opportunities. Robust growth in the United States Fri, 17 May 2019 16:00:00 +0200 The rebound in growth over the first three months of the year was driven by inventories and international trade. The slowdown of the most cyclical components should not be of excessive concern to analysts. Jean-François Gillardin, Head of Discretionary Portfolio Management, offers some explanations.