Kabir Agarwal

Financial Journalist at Luxembourg Times

Journalist. Previously @thewire_in. Words at @thecaravanindia, @ForeignPolicy, @washingtonpost, @jacobin.

Articles

Frieden: Luxemburg wird Beteiligung bei SES nicht aufgeben

Mar 19, 2025 | wort.lu | Kabir Agarwal

Luxemburg hält an seiner Beteiligung bei dem Betzdorfer Satellitenbetreiber SES fest. Angesichts des Vorstoßes eines US-amerikanischen Aktionärs, die zentrale Rolle der luxemburgischen Regierung bei der Entscheidungsfindung in der Satellitenfirma Société Européennes des Satellites (SES) zu reduzieren, bekräftigte Premierminister Luc Frieden am Dienstag, dass die Regierung darauf drängen werde, ihre Stimmrechte beizubehalten.
Luxemburg fliegt Patienten nach Disko-Brand in Nordmazedonien aus

Mar 17, 2025 | wort.lu | Kabir Agarwal

Die luxemburgische Luftrettung LAR hat nach dem Brand in einer Diskothek in Nordmazedonien, bei dem am Sonntag 59 Menschen ums Leben kamen, zwei Patienten zur Behandlung nach Ungarn transportiert. Das teilte das Außenministerium mit. Luxemburg war eines von neun EU-Ländern, die nach dem Brand in Kicani am frühen Sonntagmorgen sofort Hilfe anboten. Bei der Brandkatastrophe wurden 155 Menschen verletzt.
Amundi to move €6.7bn ETF from Luxembourg to Ireland, citing tax treaty benefits

Feb 20, 2025 | independent.ie | Kabir Agarwal

Amundi to move €6.7bn ETF from Luxembourg to Ireland, citing tax treaty benefitsStock image. Photo: GettyAmundi, one of Europe’s largest asset managers, has decided to move another of its Exchange Traded Fund (ETF) offerings from Luxembourg to Ireland to benefit from the country’s double taxation treaty with the US. The company – with 98 staff in Luxembourg, according to its latest filings – previously moved seven ETFs with total assets under management (AUM) of €12.3bn, back in 2023.
CSSF to conclude probe into banks involved in Caritas affair by March

Jan 8, 2025 | luxtimes.lu | Kabir Agarwal |Michèle Gantenbein

Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), will conclude its investigation into whether BGL BNP Paribas and Spuerkeess violated anti-money laundering rules related to the Caritas affair by March.
BIL closes Hong Kong wealth management business

Jan 8, 2025 | luxtimes.lu | Kabir Agarwal

Bank aims to strengthen focus on wealth management offering in EuropeBanque Internationale à Luxembourg (BIL) has decided to close its Hong Kong business, the bank confirmed to the Luxembourg Times on Wednesday. A spokesperson for the bank said tha the move was part of its strategy to focus on its wealth management offering in Europe. "The bank's teams will continue to serve Chinese clients from its two wealth management hubs located in Luxembourg and Switzerland.
Pivotal year ahead for digitalisation of Luxembourg's financial sector

Dec 29, 2024 | luxtimes.lu | Kabir Agarwal
2024 and the case for transparency

Dec 22, 2024 | luxtimes.lu | Kabir Agarwal
Luxembourg private banks lack plan to digitalise services

Dec 6, 2024 | luxtimes.lu | Kabir Agarwal

While 66% of banks in Luxembourg believe that digitisation in private banking ought to be a top priority, only 35% have a comprehensive and detailed roadmap on how to get there, according to the results of a survey published on Friday. The study, conducted by the Luxembourg Bankers' Association (ABBL) and KPMG, highlights both the progress and challenges faced by private banks as they navigate digital transformation.
Luxembourg advances in ESG investing, but transparency gaps persist

Dec 5, 2024 | luxtimes.lu | Kabir Agarwal

Funds classified as ESG (Environmental, Social and Governance) are on the rise in Luxembourg as sustainability-related investments continue to generate significant interest, according to a new report published on Thursday by Luxembourg for Sustainable Finance Initiative (LSFI) and the big four firm PwC. However, the report also found that only 24% of the financial market players analysed published transparency statements mandated by the Sustainable Finance Disclosure Regulation.
Luxembourg to hire 1,500 civil servants next year, minister says

Nov 28, 2024 | luxtimes.lu | Kabir Agarwal

Ambitious recruitment target set despite 1,100 existing positions remaining vacant Luxembourg intends to hire 1,500 additional civil servants next year, Civil Service Minister Serge Wilmes told parliament on Thursday, despite a huge number of existing unfilled vacancies.