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PwC Luxembourg publishes latest report on banking trends and figures
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. Luxembourg banks are managing the balancing act between a sustainable banking income and the investment that needs to be injected into new technology as well as compliance with new regulations.
With 139 entities authorised at the end of 2017, the number of banks slightly dropped from 2016 (141). In total, 135 have a universal banking license while four have a...
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