Good news for a Luxembourg-based bank. DZ BANK International (DZI) has been ranked third among the wealth management companies in German-speaking Europe. The Luxembourg bank closely follows the winners, Julius Bär and Credit Suisse Deutschland and tops the Luxembourg country ranking. This is the result of the respected German “Fuchsbriefetests”, conducted once a year. In an interview with LFF, Andreas Neugebauer, CEO of DZ BANK International, speaks about the importance of such an award, the attractiveness of wealth management in Luxembourg and about the future of banking secrecy.
“We need to put in place an ideal framework that enables people of high potential to come and work in Luxembourg. The beach and the seaside are not arguments that we can use!” comments Alain Kinsch, new country managing partner of Ernst & Young Luxembourg. On 1st January 2010, he succeeded Raymond Schadeck, whose term ended at the same date. Alain Kinsch, who is 38, has focused his career on audit and advisory engagements in the banking and private equity sectors. In an interview with LFF, Alain Kinsch, new country managing partner of Ernst & Young Luxembourg, speaks of the sectors he would like to develop with a view to diversifying the Luxembourg economy and of the future of the financial centre post banking secrecy.
Don’t believe all the stories you hear about Luxembourg. Here you will discover a financial center that offers great business opportunities and fast and flexible responses to changing market situations, against a background of political and social stability. But there is more to discover than finance. Luxembourg is home not only to castles and banks, but also cultural treasures and great entertainment. Luxembourg is worth a trip, be it professional or private. You will meet open minded people who speak your language.