Bermuda has lost out to competing jurisdictions in terms of inward investment in recent years, but is now looking to rebuild its appeal by attracting Islamic investment.
Latest articles from International Financial Centres
Foreign direct investment into the financial services sector of São Paulo and Rio de Janeiro is booming, while specialist financial centres in the Caribbean are having a positive impact on the global economy.
London has come out on top in its annual battle with New York to be named the world's leading international financial centre. Beyond the behemoths, however, the big story comes from Latin America, where Mexico City has jumped 15 places to crown an impressive year for the financial hub.
The UK's relationship with the EU has rarely been harmonious, but in recent years the heavy-handed regulations and onerous taxes perceived to be emanating from Brussels have seen this marriage teeter perilously close to divorce. A referendum could be called in the UK in 2017 regarding its EU membership, but how would the country – and London in particular – look should the vote call for a permanent separation?
The UK is Europe's leading location for fund management by some margin, but a massive 27% of funds are domiciled in Luxembourg.
Foreign direct investment into financial services in certain emerging economies is raising eyebrows, spearheaded by China’s appetite for the South American market.
It is typically the same couple of names that come out on top of international finance centre rankings, however, an analysis of IFCs by operating costs gives less archetypal results, with Copenhagen topping the table.
Hong Kong has shown impressive growth in its foreign direct investment attraction, recording the largest global inward investment in the financial services sector.
Despite contracting investment banking fees in Europe, Turkey, Slovakia and Croatia have bucked the trend with impressive growth.
Hong Kong overtook Singapore in 2012 as Asia's leading financial centre for inward FDI.
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