ABBL - The Luxembourg Bankers' Association

✨ 𝗪𝗵𝗮𝘁 𝗮 𝗳𝗮𝗻𝘁𝗮𝘀𝘁𝗶𝗰 𝘀𝘁𝗮𝗿𝘁 𝘁𝗼
𝘁𝗵𝗲 𝟮𝗻𝗱 𝗲𝗱𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗔𝗕𝗕𝗟 𝗪𝗲𝗮𝗹𝘁𝗵 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀!🎓

This week, we welcomed a new cohort of University of Luxembourg 𝗠𝗮𝘀𝘁𝗲𝗿 𝗶𝗻 𝗪𝗲𝗮𝗹𝘁𝗵 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 students for an immersive first week combining technical expertise, practical experience and soft skills.

From advanced client acquisition, relationship management, portfolio management and asset structuring to the psychology of wealth and client relationships, personal development and communication, the students explored many of the skills shaping a career in wealth management. They also took on their very first pitch.

Beyond the programme itself, the Masterclass is an opportunity to meet, exchange with and inspire the next generation of wealth management professionals and future banking leaders.

As Hélène Lange puts it:
“𝘛𝘢𝘭𝘦𝘯𝘵 𝘨𝘳𝘰𝘸𝘴 𝘸𝘩𝘦𝘯 𝘬𝘯𝘰𝘸𝘭𝘦𝘥𝘨𝘦 𝘮𝘦𝘦𝘵𝘴 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦. 𝘊𝘳𝘦𝘢𝘵𝘪𝘯𝘨 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘯𝘦𝘹𝘵 𝘨𝘦𝘯𝘦𝘳𝘢𝘵𝘪𝘰𝘯 𝘵𝘰 𝘭𝘦𝘢𝘳𝘯, 𝘤𝘰𝘯𝘯𝘦𝘤𝘵 𝘢𝘯𝘥 𝘨𝘳𝘰𝘸 𝘪𝘴 𝘸𝘩𝘢𝘵 𝘮𝘢𝘬𝘦𝘴 𝘵𝘩𝘪𝘴 𝘈𝘉𝘉𝘓 𝘔𝘢𝘴𝘵𝘦𝘳𝘤𝘭𝘢𝘴𝘴 𝘪𝘯 𝘞𝘦𝘢𝘭𝘵𝘩 𝘔𝘢𝘯𝘢𝘨𝘦𝘮𝘦𝘯𝘵 𝘴𝘰 𝘳𝘦𝘸𝘢𝘳𝘥𝘪𝘯𝘨.”

A sincere thank you to all those who contributed to this first week: Riadh KHODRI, Flemming Lauridsen, Eric Guerrier, Vincent MANUEL, Lisa Devauchel, Maximilian Borgheyink, Pascal Julliard, Anthony Simcic, Sandrine Roux and Paul Wilwertz.

Special thanks also to Pictet Wealth Management and CA Indosuez Wealth Management for welcoming the students and sharing their expertise, experience and time. Your contribution helps make this programme such a rich and meaningful experience for the students. 🙏

And this is only the beginning. 🚀 Next up: career development and coaching.

Hélène Lange | Sarah Odru | Jerry Grbic | Yves Stein | Sandrine De Vuyst | Vincent MANUEL | Mario Pirola | Olivier GERARD | University of Luxembourg

ABBL WealthManagement Masterclass Talent FutureLeaders PrivateBanking AssetStructuring RelationshipManagement Luxembourg

𝗔 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 𝘀𝘆𝘀𝘁𝗲𝗺 𝗯𝘂𝗶𝗹𝘁 𝗳𝗼𝗿 𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄𝘁𝗵.

In her 2026 State of the Union address, European Commission President Ursula von der Leyen called for a banking system that supports growth as well as stability, announcing a new banking package focused on simplification and tackling fragmentation.

The political signal is clear. 𝗡𝗼𝘄 𝗶𝘁 𝗻𝗲𝗲𝗱𝘀 𝘁𝗼 𝘁𝗿𝗮𝗻𝘀𝗹𝗮𝘁𝗲 𝗶𝗻𝘁𝗼 𝗮𝗰𝘁𝗶𝗼𝗻.

Today, the ABBL submitted its feedback to the European Commission consultation on the competitiveness of the EU banking sector, setting out concrete priorities for a more competitive and integrated Single Market while safeguarding financial stability and resilience.

Our priorities include:
• a simpler and more risk-sensitive capital requirements framework
• genuine risk-based proportionality
• less fragmentation and regulatory duplication
• a diverse and open European banking ecosystem
• regulation that enables innovation
• greater consideration of competitiveness and operational feasibility in regulatory design

As Sandrine Roux puts it:
💬 “𝘗𝘰𝘭𝘪𝘵𝘪𝘤𝘢𝘭 𝘴𝘪𝘨𝘯𝘴 𝘢𝘳𝘦 𝘷𝘦𝘳𝘺 𝘦𝘯𝘤𝘰𝘶𝘳𝘢𝘨𝘪𝘯𝘨. 𝘉𝘶𝘵 𝘵𝘩𝘦 𝘤𝘭𝘰𝘤𝘬 𝘪𝘴 𝘵𝘪𝘤𝘬𝘪𝘯𝘨 𝘵𝘰 𝘴𝘦𝘦 𝘴𝘸𝘪𝘧𝘵 𝘢𝘯𝘥 𝘵𝘢𝘯𝘨𝘪𝘣𝘭𝘦 𝘴𝘪𝘮𝘱𝘭𝘪𝘧𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘮𝘦𝘢𝘴𝘶𝘳𝘦𝘴 𝘧𝘰𝘳 𝘢 𝘮𝘰𝘳𝘦 𝘱𝘳𝘰𝘱𝘰𝘳𝘵𝘪𝘰𝘯𝘢𝘵𝘦 𝘢𝘯𝘥 𝘪𝘯𝘵𝘦𝘨𝘳𝘢𝘵𝘦𝘥 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘰𝘳𝘺 𝘧𝘳𝘢𝘮𝘦𝘸𝘰𝘳𝘬 𝘵𝘩𝘢𝘵 𝘴𝘶𝘱𝘱𝘰𝘳𝘵𝘴 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘨𝘳𝘰𝘸𝘵𝘩 𝘢𝘯𝘥 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯, 𝘸𝘩𝘪𝘭𝘦 𝘮𝘢𝘪𝘯𝘵𝘢𝘪𝘯𝘪𝘯𝘨 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘳𝘦𝘴𝘪𝘭𝘪𝘦𝘯𝘤𝘦.”

Europe’s banks are strong and well capitalised. The challenge now is to ensure they can fully play their role in financing investment, innovation and Europe’s economic transformation.

👉 Read the ABBL’s reaction and priorities:
https://lnkd.in/eVaFsWzQ

📷 Photo credit: © European Union, 2026

𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 & 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀
How is corporate and institutional banking evolving in Luxembourg?

To explore this question, the ABBL is launching a new 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 & 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀 series, bringing together the views of leading experts from across Luxembourg's banking sector on the trends reshaping corporate and institutional banking.

As Dr. Daniel Zapf, Chair of the ABBL Corporate & Institutional Banking Cluster and CEO of Deutsche Bank Luxembourg, explains:
"𝘓𝘶𝘹𝘦𝘮𝘣𝘰𝘶𝘳𝘨 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦𝘴 𝘵𝘰 𝘱𝘭𝘢𝘺 𝘢 𝘬𝘦𝘺 𝘳𝘰𝘭𝘦 𝘪𝘯 𝘤𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘢𝘯𝘥 𝘪𝘯𝘴𝘵𝘪𝘵𝘶𝘵𝘪𝘰𝘯𝘢𝘭 𝘣𝘢𝘯𝘬𝘪𝘯𝘨, 𝘯𝘰𝘵 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘢𝘯 𝘪𝘴𝘰𝘭𝘢𝘵𝘦𝘥 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵, 𝘣𝘶𝘵 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘢 𝘶𝘯𝘪𝘲𝘶𝘦 𝘤𝘰𝘮𝘣𝘪𝘯𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢 𝘴𝘵𝘳𝘰𝘯𝘨 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮, 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘰𝘳𝘺 𝘴𝘵𝘢𝘣𝘪𝘭𝘪𝘵𝘺, 𝘢𝘯 𝘪𝘯𝘵𝘦𝘳𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘰𝘶𝘵𝘭𝘰𝘰𝘬, 𝘢𝘯𝘥 𝘢 𝘱𝘳𝘰𝘷𝘦𝘯 𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘵𝘰 𝘰𝘱𝘦𝘳𝘢𝘵𝘦 𝘢𝘤𝘳𝘰𝘴𝘴 𝘣𝘰𝘳𝘥𝘦𝘳𝘴."

The series brings together 𝗿𝗲𝗮𝗹-𝗹𝗶𝗳𝗲 𝗽𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀 from across the ecosystem, illustrating how banking is adapting in practice and how Luxembourg continues to support increasingly complex client needs.

At its core, this series is about one simple idea: showing 𝗵𝗼𝘄 𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 𝗶𝘀 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴, 𝗳𝗿𝗼𝗺 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴, 𝗶𝗻 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗲.

Stay tuned for the first episodes.

Dr. Daniel Zapf | Deutsche Bank | Hélène Lange | Anda Asaftei | 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗖𝗹𝘂𝘀𝘁𝗲𝗿

ABBL CorporateBanking InstitutionalBanking Luxembourg FinancialServices

🇱🇺 A targeted legal reform could strengthen Luxembourg’s lending toolkit.

Bill of Law 8813, submitted to Parliament on 30 July, would introduce greater legal protection for funded sub-participation agreements.

The issue is technical. Its implications are broader.

By providing greater certainty for participants, the proposed framework can make it easier for lenders to share risk, manage capital efficiently and preserve their capacity to finance the economy.

🔹 Relevant assets would be legally segregated from the lender’s general estate
🔹 Participants would benefit from greater protection in the event of lender insolvency
🔹 Lenders could continue using sub-participations as an effective risk-sharing tool
🔹 The reform could reinforce Luxembourg’s attractiveness for international financing transactions

The proposal also illustrates the value of constructive public-private dialogue. 𝗧𝗵𝗲 𝗔𝗕𝗕𝗟, 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿 𝘄𝗶𝘁𝗵 𝗶𝘁𝘀 𝗺𝗲𝗺𝗯𝗲𝗿𝘀, 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗲𝗱 𝘁𝗼 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗠𝗶𝗻𝗶𝘀𝘁𝗿𝘆 𝗼𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝘁𝗵𝗮𝘁 𝗵𝗲𝗹𝗽𝗲𝗱 𝗯𝗿𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝗹𝗲𝗴𝗶𝘀𝗹𝗮𝘁𝗶𝘃𝗲 𝗽𝗿𝗼𝗽𝗼𝘀𝗮𝗹 𝗳𝗼𝗿𝘄𝗮𝗿𝗱.

As Jonathan Hug, Head of Legal, Tax and Compliance at the ABBL, puts it:
“𝘉𝘺 𝘢𝘥𝘥𝘳𝘦𝘴𝘴𝘪𝘯𝘨 𝘢 𝘤𝘰𝘯𝘤𝘳𝘦𝘵𝘦 𝘭𝘦𝘨𝘢𝘭 𝘶𝘯𝘤𝘦𝘳𝘵𝘢𝘪𝘯𝘵𝘺 𝘪𝘥𝘦𝘯𝘵𝘪𝘧𝘪𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵, 𝘓𝘶𝘹𝘦𝘮𝘣𝘰𝘶𝘳𝘨 𝘤𝘢𝘯 𝘴𝘵𝘳𝘦𝘯𝘨𝘵𝘩𝘦𝘯 𝘣𝘰𝘵𝘩 𝘵𝘩𝘦 𝘱𝘳𝘰𝘵𝘦𝘤𝘵𝘪𝘰𝘯 𝘰𝘧 𝘱𝘢𝘳𝘵𝘪𝘤𝘪𝘱𝘢𝘯𝘵𝘴 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘰𝘧 𝘭𝘦𝘯𝘥𝘦𝘳𝘴 𝘵𝘰 𝘮𝘢𝘯𝘢𝘨𝘦 𝘳𝘪𝘴𝘬 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘵𝘭𝘺.”

👉 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝗕𝗶𝗹𝗹 𝟴𝟴𝟭𝟯 𝘄𝗼𝘂𝗹𝗱 𝗰𝗵𝗮𝗻𝗴𝗲 𝗮𝗻𝗱 𝘄𝗵𝘆 𝗶𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 𝗳𝗼𝗿 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴’𝘀 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺:
https://lnkd.in/eddqt\_zT

Luxembourg Banking FinancialServices Lending Regulation Competitiveness