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Key takeaways:
- Luxembourg is the most diversified banking place in Europe
- Luxembourg among the best in class for solvency ratio and profitability
- Asset Management and private banking are strong contributors to Luxembourg’s banking industry results
- Banking staff in Europe is decreasing but is still stable and agile in Luxembourg
- The digital transformation is on the way with a cost income ratio under control
PwC Luxembourg has just published the third edition of “Banking in Luxembourg - Trends Figures 2018”. This study provides an international overview of the Luxembourg banking sector and establishes a comparison between the trends by country segment and the market as a whole. In total, six countries are analysed....
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