To understand the true appeal of the world’s international financial centres (IFCs) to the banking sector, The Banker has compiled both a table of locations where lenders’ holding companies are domiciled and one detailing the aggregate assets of foreign-owned subsidiaries present in a certain financial hub.
An analysis of these rankings gives a better understanding of whether the strength of the IFCs comes from the local or the international market and may also give an indication of how attractive their regulatory environment is to foreign players.