Luxembourg
16 April 2013
Reporter: Jenna Jones
Securities Lending default image
Euroclear expands in Luxembourg
Euroclear is expanding its Luxembourg based office to accommodate up to 10 employees who will focus on growing client relationships and delivering account management services.

The office is led by Jane Sidnell, who reports to Philippe Laurensy, director and regional head, in Brussels.

Sidnell, Laurensy and their commercial team will work extensively with Euroclear’s Luxembourg client base in adapting to new regulations and preparing to work in a T2S post-trade environment.

Pierre Yves Goemans, managing director at Euroclear, said: “Luxembourg is the largest private banking centre and second largets investment fund centre in the world, making it a logical focal point for Euroclear. The expansion of our Luxembourg office is a clear indication of our continued commitment to provide high levels of service to our clients.”

“Sidnell’s understanding of the Luxembourg investment fund sector and Laurensy’s broader industry knowledge and experience will provide instrumental in building a highly client-focused team in Luxembourg with the right skills to attract new business.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Funds need to keep an eye on BEPS negotiations
24 May 2017 | London | Reporter: Becky Butcher
Fund participants were encouraged at Guernsey’s Fund Forum to pay close attention to negotiations over base erosion and profit sharing (BEPS) rules
Northern Trust expands UAE operations
24 May 2017 | Abu Dhabi | Reporter: Stephanie Palmer
Northern Trust has opened a new branch office in Abu Dhabi, as part of a continuing focus on business in the UAE
R3 raises record funds for DLT development
24 May 2017 | London | Reporter: Stephanie Palmer
The R3 group has raised $107 million in two tranches of fundraising, securing the largest ever investment in distributed ledger technology to date
Promotions abound at Interstrust in Jersey
24 May 2017 | Jersey | Reporter: Stephanie Palmer
Intertrust in Jersey has made a spate of promotions, including elevating Sherin Sugeeswaran to the role of associate director in the fund services team
RSRCHXchange boosts research offering with data consumption partnership
23 May 2017 | London | Reporter: Stephanie Palmer
Institutional research marketplace RSRCHXchange has partnered with corporate access management solution provider CorpAxe in order to make research consumption data available to the buy side
MainstreamBPO to expand in Europe and Cayman through Trinity acquisition
23 May 2017 | Sydney | Reporter: Stephanie Palmer
MainstreamBPO has entered into an agreement to acquire Trinity Fund Administration in Dublin and the Cayman Islands
Julius Baer builds on UK and Ireland compliance team
22 May 2017 | London | Reporter: Stephanie Palmer
Julius Baer International has appointed John Dodds as head of compliance for the UK and Ireland
More news