UBP takes over Danske Bank International

UBP takes over Danske Bank International

Swiss bank Union Bancaire Privée (UBP) has announced the acquisition of Danske Bank’s wealth management business in Luxembourg, operating under the name Danske Bank International (DBI). Established in Luxembourg since 1976, DBI specialises in international private banking activities with almost a thousand clients in some sixty countries. Its client base consists mainly of wealthy private clients from the Nordic countries–mainly Denmark–residing abroad, particularly in Europe. It currently employs 70 people. Union Bancaire Privée (UBP) is one of the leading private banks in Switzerland. This family-owned bank specialises in wealth management…

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EU kicks off covid travel pass, WHO issues infection warning

EU kicks off covid travel pass, WHO issues infection warning

An EU-wide covid certificate programme, intended to help boost summer travel, started operating on Thursday, but a recent spike in infection numbers could reduce the number of tourists who use it. “The aim of the EU Digital Covid Certificate is to facilitate safe and free movement in the EU during the covid-19 pandemic,” the European Commission stated on 1 July. Digital covid certificate The scheme lets EU residents download a QR code to their smartphone which proves they have been vaccinated in their home country, recovered from covid or have recently tested…

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