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Law, Tax, Compliance

Nexus 2025 | Yves Stein on the future of Luxembourg’s financial centre

Published on 16 June 2025

Speaking at Nexus 2025, Yves Stein, Chairman of the ABBL, offered a forward-looking analysis of the risks and opportunities shaping Luxembourg’s financial centre in a shifting geopolitical and economic landscape.

Summary

    In the future, thanks to AI, it will be highly likely that banks will be able to open you a bank account before you even thought about needing one.

    Yves Stein

    Chairman of the ABBL

    To conclude, he identified two strategic challenges for the financial centre’s long-term competitiveness:

    • The urgent need to attract young professionals, a challenge increasingly tied to housing affordability
    • The imperative for firms to move up the value chain by investing in higher value-added activities