BIL and Waystone strike management company deal
Summary by luxtimes.lu
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BIL sells a business unit with 26 employees
Waystone, a provider of special services for the global asset management industry, takes over the BIL Manage Invest unit, which was founded in 2013, from Banque Internationale à Luxembourg (BIL). Both companies report this in a press release. BIL Manage Invest provides management services to investment funds, including structuring, portfolio management, risk management and due diligence. In 2023, the BIL subsidiary reported a net profit of 1.8 m…
·Luxembourg City, Luxembourg
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