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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The €500 million cost of Covid-19
Here is a breakdown of what Monaco’s exceptional 2020 budget looks like and where the €500 million in crisis money is going.
Principality braces for €500m deficit
Monaco’s budget deficit is set to top half a billion euros this fiscal year due to the Covid-19 crisis.
Monaco business supporting local entrepreneurs
As people across the globe adjust to new levels of isolation dictated by the Covid-19 pandemic, Equilibre Monaco is kicking off a new initiative to help local businesses stay afloat through these...
Amazon is out of action
Amazon has closed its six French distribution centres after a French court ruled that it was not doing enough to protect workers amid the coronavirus pandemic.
Fourth Joint Monitoring Committee meeting results
The fourth meeting of the Covid Joint Monitoring Committee between the Prince’s government and the National Council was held Wednesday, focusing on decisions made and to be taken in this next phase...
Tourism taking a major hit
The fallout from the Covid-19 crisis on tourism in Monaco and the French Riviera could potentially be devastating to the local economies.
