A mix of historic factors, business imperatives as well as the lingering effects of Brexit and the pandemic have made Luxembourg an appealing market for major law firms.
July 14, 2021 at 02:30 AM
6 minute read
Brussels Correspondent
For a country with a population the size of the U.S. state of Wyoming and a surface area the size of Rhode Island, Luxembourg packs a lot of business heft.
The tiny, landlocked nation has €5 trillion in assets under management, making it the second-largest investment fund center after the U.S. Seven major Chinese banks have their European headquarters there), as do several major companies like Amazon, Skype and PayPal.
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Luxembourg. Credit: Valerie Potapova/Adobe Stock
