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Luxembourg

Sandrine de Vuyst, ING
From Financial Centres / Europe / Luxembourg April 28, 2015

Luxembourg sets sights on upper reaches of wealth ladder

Whereas Luxembourg was once seen as a tax haven for mass affluent individuals, changes in the regulatory landscape have led the Grand Duchy to raise the bar on the type of clients it attracts

Clients of private banks share a huge amount of data and family information with their financial providers, yet the service they receive seldom matches expectations. The time has come for these wealth managers to learn from other industries.

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