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Lyxor and Société Générale Luxembourg inaugurate new premises for Luxembourg’s Commerz Funds Solutions team

18/06/2019

Following the announcement at the end 2018 of the agreement signed between Commerzbank and Société Générale group on the acquisition of Commerzbank’s (EMC) “Equity Markets and Commodities” activities, Lyxor and Société Générale Luxembourg have inaugurated this year the new premises of the Commerz Funds Solutions team in Luxembourg.

This arrival is a key step in the acquisition of Commerzbank’s EMC activities by Société Générale Group, which sees the asset management scope joining Lyxor.

Arnaud Jacquemin, Group Country Head for Luxembourg and CEO of Société Générale Bank & Trust, has joined Lyxor’s management to welcome the new employees of CFS Luxembourg. All the members present were delighted to build together a fully-fledged asset manager, well equipped to serve the German market and at the heart of Europe.