Business & Finance
CFM Indosuez completes acquisition of BNP Paribas Wealth Management clients in Monaco
CFM Indosuez Wealth Management has completed its acquisition of BNP Paribas’s wealth management client book in Monaco, consolidating its position as the leading bank in the Principality, the company announced.
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Only one in 10 of Monaco’s private sector workers actually lives in the Principality
Monaco employs nearly 60,000 people in its private sector, but only a fraction of them call the Principality home.
Monaco hosts Moneyval evaluator training as new assessment cycle gets underway
Monaco welcomed nearly 40 international delegates to the Principality from 16th to 20th March for a week of training organised by the Moneyval Committee of the Council of Europe
Far-right sweeps Nice and Menton as Alpes-Maritimes municipal elections reshape political landscape
The second round of municipal elections in the Alpes-Maritimes on Sunday 22nd March delivered a significant shift to the far right across the department, with Éric Ciotti winning the mayoralty of...
Finance sector now dominates Monaco’s tax base, annual audit report reveals
Corporate tax receipts reached €334.4 million in 2024 — a rise of 43.7% on the previous year and a level not seen in a decade, the annual audit report reveals.
Retiring at 57: Monaco’s early retirement culture puts growing pressure on state pension system
Monaco’s generous retirement system is facing renewed scrutiny after the Principality’s latest public accounts report highlighted structural imbalances and long-term sustainability concerns.