Luxembourg reaping London's financial services triggered by Brexit
Published on: Monday 20 March 2023
Brexit is driving a much heralded jobs boom and expansion in the financial services industry – in Luxembourg. According to lobby group Luxembourg for Finance, 47 banks, insurers, wealth managers and investment firms have plans to move some business activities to the Grand Duchy in order to cope with potential disruption from Britain’s impending departure from the European Union.
News source: https://en.mercopress.com/2019/01/24/luxembourg-reaping-london-s-financial-services-triggered-by-brexit
