Strategic Expansion in New York City Kimpton Hotels & Restaurants, in collaboration with Extell Development Company, is set to launch a new luxury hotel in New York City. This 529-room hotel, named Kimpton Rockefeller Center, will be a prime addition to the...
KNOWLEDGE CENTER
M&A Activity Surges as Northern Trust leverages Blockchain for carbon credits in the UK
M&A Growth driven by Blockchain integration Mergers and acquisitions (M&A) are set to rise globally, with a projected increase of 15% in 2024. One of the key drivers behind this trend is the adoption of blockchain technology, particularly in the financial...
Create your holding company in Luxembourg: the SOPARFI
Introduction to SOPARFI Luxembourg is a leading jurisdiction for establishing holding companies, particularly through the SOPARFI (Société de Participations Financières) structure. Designed for managing and holding financial participations and investments, SOPARFI...
Creating a Family Trust: structuring your wealth preservation
What Is a Family Trust? A family trust is an estate planning tool designed to protect and manage assets for future generations. By transferring assets into a trust, you appoint a trustee to handle and distribute these assets according to your instructions. This...
How Swiss private banks support entrepreneurs and families
Swiss private banks are renowned for offering comprehensive financial services that cater to the unique needs of entrepreneurs and family businesses. By combining personalized wealth management, expert advisory services, and multi-generational planning, these banks...
Luxembourg’s property market: slowdown in price declines as rent increases
Luxembourg real estate market: a gradual price decline Luxembourg’s real estate market is experiencing a slowdown in the once rapid property price declines. In the second quarter of 2024, property prices fell by an average of 3.8% compared to the previous year. This...
BITCOIN: UK Parliament introduces Bill to clarify legal status of cryptocurrency
Recognition of Bitcoin as Personal Property The United Kingdom has introduced the Property (Digital Assets and Other Things) Bill, a landmark proposal aimed at recognizing Bitcoin and other cryptocurrencies as personal property. This move seeks to offer clarity in...
Luxembourg’s Banking Sector Poised for Another Record Year
Strong performance amid global economic challenges Luxembourg’s banking sector is on the path to achieving a new record year despite the current global economic uncertainties. With its highly diversified financial system, Luxembourg has continued to cement its status...
Taylor Swift Backs Kamala Harris in the 2024 U.S. Presidential Race
In a significant political endorsement, American pop superstar Taylor Swift has announced her support for Kamala Harris, the Democratic candidate for the upcoming U.S. presidential elections. This move has captured widespread attention, merging the worlds of...
US Presidential Debate Highlights: Kamala Harris and Donald Trump Square Off
On September 10, 2024, the highly anticipated U.S. presidential debate between Vice President Kamala Harris and former President Donald Trump took place, drawing nationwide attention. This debate serves as a critical moment in the 2024 U.S. presidential race,...