Drone show; Credit: UBS Luxembourg

On the evening of Tuesday 26 September 2023, UBS Luxembourg welcomed guests, including Luxembourg’s Prime Minister, Xavier Bettel, and the Minister of Finance, Yuriko Backes, to celebrate 50 years of its presence in the country at an event at the Musée d'Art Moderne Grand-Duc Jean (MUDAM) in Luxembourg-Kirchberg.

UBS Luxembourg reported having invited “distinguished guests”, clients and friends of the bank to MUDAM as well as technology and finance experts who held speeches offering insights into their areas of expertise, followed by a concert by the Quartet Salut Salon and a celebratory dinner. The autumnal evening concluded with a drone show in the night sky.

Iqbal Khan, President of Global Wealth Management at UBS Luxembourg, said the company  has “plans to utilise [their] size, scale and enhanced local presence to deliver even more for [their] clients.”

Heinrich Baer, Country Head of UBS Luxembourg, added: “From wealth management to asset management, our business in Luxembourg is growing and flourishing.

UBS Luxembourg reported “ambitious plans” to accelerate its growth trajectory in Luxembourg in the coming years, including by expanding its leading market position in wealth and asset management.

With over 50 years of experience in the country – and nearly 100 years when combined with Credit Suisse’s presence in the Grand Duchy – UBS Luxembourg aims to serve as a facilitator and gateway, offering their global clients access to a comprehensive worldwide network of specialists and capabilities. As a participant in the market, UBS Luxembourg noted it has found a welcoming and hospitable environment in Luxembourg.