LUXEMBOURG – BANKS RESULTS ARE INCREASING BIG

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keywords: banks, cssf, luxembourg. The Financial Sector Supervisory Commission (CSSF) publishes Wednesday the banks results of the Luxembourg Place in the first 3 months of 2017 compared to the same period of 2016. The result, before provisions, increased by 7.3%. Personnel costs increased by only 0.9% year-on-year. These figures are published during negotiations on the new banking collective agreement and a few days after protest pickets in the face of the ABBL’s wish not to pay the economic bonus (also known as the “June bonus”). Share this page with:

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BANKS – EMPLOYEES PROTEST AT BGL BNP PARIBAS

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keywords: bgl bnp paribas, collective agreement, banks luxembourg. At the call of the main trade unions of Luxembourg banking sector, BGL BNP PARIBAS bank will know a “picket of protest” at the foot of one of its head office buildings in Kirchberg in front of the hospital on Thursday 01 June 2017 from 11:30 to 12:00. The ALEBA, OGB-L and LCGB-SESF unions refuse the decision of the bank’s management not to pay the “conjuncture bonus” issued in June of each year as stipulated in the collective agreement. Negotiations on the new…

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