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Facing an increasingly complex environment, the ABBL Private Banking Group Luxembourg (PBGL) and KPMG Luxembourg have come together to compile the results of its annual Private Banking Survey for 2021, an analysis based on a detailed questionnaire sent to the senior executives of the financial institution members of the Private Banking Cluster through the CSSF. The objective of the survey is to gain a unique insight into the health of the private banking sector in Luxembourg, to measure trends affecting the industry and to identify future challenges.
The survey highlights the positive dynamics of the sector, but also the trend towards an upscaling of the clientele. The study also clearly identifies digital transformation and the advent of sustainable finance as the two...
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