The Spanish capital’s financial landscape has been transformed in the last five years with consolidation in the banking sector and asset managers using the city as a springboard to Latin America
Financial Centres
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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
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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
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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
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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
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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
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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
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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
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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
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
Roosevelt Skerrit became the world's youngest head of state when he took up the position of prime minister of Dominica in 2004. He has since presided over a programme of reconstruction of storm-ravaged housing and infrastructure and revitalising the country's tourism industry. Moreover, his stewardship of the geothermal energy project has put Dominica on the road to clean energy self-sufficiency
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