Latest Section Articles

London reasserts its leadership

October 5, 2009

London's status as one of the leading financial centres in the world remains undiminished, with top global companies still flocking to the UK capital, says Sir Andrew Cahn, chief executive of UK Trade & Investment.

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Seoul: Rising blue chip of Asia

October 5, 2009

Vision to reality: Yeouido is earmarked to become Asia's leading financial hub

Based on strong economic fundamentals and improving infrastructure, Seoul is gearing up to become a key player in the new global financial paradigm, says Paul Moon, director-general of Seoul's Investment Bureau.

Shift in the balance

October 5, 2009

The threat of an exodus away from today's leading Western financial centres looms as regulators draw up measures to reduce systemic risk, and the appeal of tax havens and expanding Asian centres rises, Writes Silvia Pavoni.

Arab banks stay solid in tough conditions

October 5, 2009

Although not unaffected by the global financial crisis, the Arab banking sector has continued to expand, with the UAE banks accounting for a growing proportion of asset growth. Writer Stephen Timewell


Chinese banks consolidate dominance

October 5, 2009

Standing strong: China has continued to grow as a financial centre despite the global economic turbulence

The growth of the Asian banking sector continued in 2008, with China building on its dominance in the region, dwarfing India's more modest growth path, while South Korean banks' share declined. Writer Geraldine Lambe


EU story remains a bleak one

October 5, 2009

Although the top 10 EU banks retained their solid grip on the 2008 ranking, profits were significantly down across the board and capital structures were seriously damaged compared with banks in other parts of the world. Writer Stephen Timewell

Taiwanese banks hold steady

September 2, 2009

Although challenged by adverse economic conditions and increasing competition in the market, on the whole Taiwan's banks managed to record modest profit growth during 2008. Writer Charles Piggott

China's banks hit new heights: Top 50 Chinese Banks

September 2, 2009

Supported by a series of government measures, China's banks recorded a surge in growth in 2008 despite the global credit crisis. Writer Charles Piggott

Recession curbs Caricom unity

August 4, 2009

At their annual meeting last month, the Caricom heads of state struggled to make headway on trade and immigration restrictions, although one issue which was met with unanimity was climate change.

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