Deutsche Bank Luxembourg has deployed Swiss technology company Avaloq’s core banking system to create a new, single cash ledger for its numerous business lines. Dubbed …
Calligo expands into Luxembourg with AMS Systems acquisition
American cloud solution provider Calligo Technologies has acquired AMS Systems PSF, a Luxembourg-based IT Services business that offers managed services and cloud infrastructure to the …
Banking associations of China and Luxembourg sign MoU
Luxembourg Bankers’ Association (ABBL) and China Banking Association (CBA) have signed a memorandum of understanding (MoU) to establish a regular communication and information sharing between …
Legend Holdings to buy 90% stake in Luxembourg bank
Legend Holdings, a Hong Kong-listed investment group, has agreed to acquire a stake of 89.93% in Banque Internationale a Luxembourg (BIL) for €1.48bn ($1.75bn). The …
Rakuten Europe Bank implements Temenos core banking system
Luxembourg-based Rakuten Europe Bank has gone live on Temenos core banking system to support its European growth strategy.…