A combination of cautious conservatism and some innovative tax policies has created an opening through which Canada is pushing Toronto, its financial centre, onto the international stage. Karen E Thuermer reports.
Latest Section Articles

Moscow maps route to leading IFC status
August 30, 2010Moscow is already the financial hub for the former Soviet territories, but formidable legislative and infrastructure hurdles stand in the way of its aspirations to become a global IFC. Now the city and the Russian state are striving very seriously to address these issues, says Yuri Roslyak.
Frankfurt: Regulatory centre of excellence
August 30, 2010Already home to many of the main European regulatory bodies, Frankfurt's financial centre offers the experience and stability to play a key role in helping Europe shape the future of its financial sector, says Dr Lutz Raettig.
The Banker's 2010 IFC Rankings
August 30, 2010The Banker's ranking of international financial centres is based not simply on the size of the financial services industry in each location, but focuses instead on the level of international business and the value offered to institutions seeking to expand their overseas operations.
Turbulent times
August 30, 2010As the fallout from the global financial crisis continues, competition between leading international financial centres has been given a new dimension by threats of tougher regulation in established markets and intense pressure from emerging centres striving hard to push their way into the top league. Writer Silvia Pavoni

EU's slow but steady road to recovery
August 30, 2010Buoyed by the recent stress test results, Europe's banks are maintaining the effort to deleverage, but are hampered by slow growth and volatile capital markets. Writer Brian Caplen

UK offshore centres fight 'tax haven' label
July 28, 2010The UK's offshore financial centres do not deny that they have accommodating tax regimes, but they baulk at the label 'tax haven' and all the negative connotations that tag brings. Writer Charlie Corbett

Tough times in paradise
July 28, 2010Caribbean economies have been hit hard by the global crisis, the Haiti earthquake and the near-collapse of CL Financial in Trinidad though its top performers still have plenty to shout about. Writer Silvia Pavoni
Bubbling under
July 28, 2010After compiling last month's rankings, we take a dip into the banks that are knocking on the door of the Top 1000. Philip Alexander reports.
Tightened belts loosen due to income crisis
July 6, 2010Over the past two decades, as banking in many countries has moved from being an activity performed chiefly in the state sector to one done mainly in the private sector, the emphasis has been on costs, efficiency and shareholder returns.