Money talks: Luring financial firms to Luxembourg
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 26 July 2016
⏱️ 18 minutes
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| 0:00.0 | They're not authors, but they help you shape your financial story. |
| 0:04.0 | They're not an airline, but they connect global businesses across nearly 160 local markets. |
| 0:10.0 | They're not interpreters that they listen to and understand their client's needs. |
| 0:14.8 | With global expertise and over two centuries of experience, Citi provides tools, insights and |
| 0:20.8 | guidance that helps clients thrive. |
| 0:23.0 | They're not just any bank, they are city. |
| 0:26.0 | Learn more at city.com slash we are city. |
| 0:30.0 | Hello I'm Andrew Palmer, Business Affairs Editor and this is Money Talks. |
| 0:38.0 | This week, could a tiny country like Luxembourg make large games from Brexit? |
| 0:42.0 | We don't come here to take business away from |
| 0:45.4 | London we come here to do business with London. And is Abenomics dead? Our |
| 0:49.5 | business editor says we should hold off on the eulogies. We have a very contrarian view of the achievements of albinomics. |
| 0:56.0 | We think it has achieved a great deal. |
| 1:01.0 | First though, the result of the referendum is clear. |
| 1:05.0 | However painful that process may be. |
| 1:09.0 | Considerable uncertainty about the economic outlook. |
| 1:12.0 | So uncertainty over the pace, breadth, and scale of these changes. |
| 1:16.0 | Banking, sales and trading, after Brexit, we cannot do it all here. |
| 1:21.0 | As the City of London still reels from last month's EU referendum |
| 1:23.8 | cities from Dublin to Frankfurt are eyeing a chance to take their share of the |
| 1:28.3 | post Brexit spoils. So too is Luxembourg, a small country of 500,000 people known both for its financial industry and its friendly tax regime. |
| 1:37.0 | Here with me to discuss both is Pierre Grameen, the finance minister for Luxembourg. |
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