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Luxembourg Finance Minister Pierre Gramegna, is today in Paris with a delegation of professionals of the financial sector on the occasion of a seminar for bankers and fund managers held by Luxembourg for Finance. Commenting on the delegation’s visit, Luxembourg´s Finance Minister reinforced the long-standing economic ties uniting the two countries and how their strengths can be leveraged to mutual benefit.
French financial institutions have a long-established presence in Luxembourg, which dates back to the 1890s. France is the second largest player in Luxembourg with a total number of 15 banks, while some are also among the highest employer in the country. A great number of these institutions have decided to use Luxembourg either as a hub or as a competence centre for...
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