Consulting: Leverage your Luxembourg positioning: Case Study

Strategy alignment

The issue

The parent company requested that its various Luxembourg entities align their strategy with that of the group and improve their profitability.

Our approach

• Reassessment of the strategy for each subsidiary in Luxembourg for both local market and within the group, taking into account (amongst others) the following activities: private banking, corporate banking, capital markets, lending, asset management, custody, company domiciliation and life insurance;
• Identification of non-profitable activities, existing activities to be reinforced and new activities to be developed;
• Definition of the most efficient business model from a regulatory, tax and organisational perspective. The analysis focused on whether one single entity or various entities should be set up and on the underlying organisational and tax impacts.

Key client benefits

A new strategy: a reshaping of the organisational structure, client targeting, and product and service offering.