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, 2009Vision 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, 2009The 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, 2009Although 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, 2009Standing 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, 2009Although 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, 2009Although 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, 2009Supported 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, 2009At 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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