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Fabio Innocenzi, UBS
From Financial Centres June 22, 2016

Milan ripe for a private banking renaissance

With half of all Italian private wealth managed by retail banks there is huge potential for private banks to expand domestically

Joe Bannister, MFSA
From Financial Centres June 22, 2016

Malta’s growth challenged by custody conundrum

Increased regulatory costs have seen asset managers moving fund management operations to Malta, although global custodians tend to look elsewhere

Cyprus shipping industry
From Financial Centres June 22, 2016

Recovering Cyprus believes calmer waters lie ahead

Cyprus is changing and learning from past mistakes. The banking sector has halved in size while there are great hopes for the shipping and funds industries

James Mulholland, Carey Olsen
From Financial Centres June 22, 2016

Middle Eastern and European elites seek Jersey’s protection

Jersey is becoming something of a centre for alternative investments while there are also signs of private banks returning to the island

David Waldron, PWC
From Financial Centres June 22, 2016

Guernsey a haven of stability for jittery international clients

Clients from Russia and the Middle East head to Guernsey to protect their wealth, while the island is also becoming a hub for illiquid invesments

John Spellman, IOM DED
From Financial Centres June 22, 2016

Innovation and diversification pivotal to Isle of Man’s future

Financial services remain a key pillar of the island’s economy but the government is determined not to put all its eggs in one basket

Denise Voss, Alfi
From Financial Centres February 8, 2016

Luxembourg’s fund industry eyes global expansion

The Grand Duchy is Europe’s leading investment funds domicile and now plans to make inroads into China and Latin America, according to promotional body Alfi

John Hourican, Bank of Cyprus
From Financial Centres September 25, 2015

Resurgent Cyprus takes mismanagement bull by horns

Cyprus is on the road to recovery with both its banks and economy having been restructured, but the island has a long way to go to regain its former glory as a financial services centre

Lisa Vizia, Saffery Champness
From Financial Centres June 18, 2015

Guernsey’s international outlook reaps rewards

Guernsey’s financial services industry retains its historic links to London but is now managing to attract clients from much further afield, while also moving up the value chain

Victor Allende, CaixaBank
From Financial Centres May 6, 2015

Slimline Spanish banking sector climbs off canvas

A wave of consolidation and a focus on digital technology have breathed new life into a Spanish banking sector which was left reeling by the financial crisis

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