The ABBL Private Banking Cluster and KPMG Luxembourg published a study on the private banking sector in Luxembourg. This comprehensive report covers:

  • The evolution of assets under management
  • The new operational models to be monitored
  • The evolution of client bases
  • Key insights and developments


The objective of the study was threefold:

  • To contextualise the development of private banking with regard to key data - such as the number of institutions, their assets under management, the origin of clients, wealth brackets or the number of employees.
  • To provide an overview of the business and operating models of private banks.
  • To highlight the main drivers of the financial performance of these banks.