bank profitability

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Comment: Tax haven status in beholder's eye
“Why Luxembourg is still a tax haven” was the headline in Monday’s Luxemburger Wort, the country’s leading daily. The evidence for this statement was a report from the EU Tax Observatory think tank which identified the Grand Duchy and 16 other jurisdictions as helping multinational banks dodge taxes.
Brexit cost hikes dent Luxembourg bank profits
Luxembourg’s banks are not yet reaping the benefits of Brexit as Brexit-related additional costs are outstripping the rise in revenues. This has led to a