Although Guernsey’s fortunes are still linked to the UK, much of its recent success has come from diversifying into new markets
Financial Centres

Financial centres react to Brexit bombshell
The turmoil thrown up by recent global events will impact financial centres on both sides of the Atlantic. While some sense an opportunity, others are planning for an uncertain future
Grenada reaches out to wealthy with Citizenship By Investment programme
Grenada’s Citizenship By Investment programme, which encourages prospective citizens to invest in the island, is slowly paying off, but the money must now be put to work

Malta’s growth focused on quality not quantity
Malta’s accession to the EU in 2004 led to a huge expansion of its fledgling financial services industry. The island has become increasingly attractive to financial firms seeking safe, well-regulated and cost effective operating hubs within the EU. But the jurisdiction faces challenges too. When filming our first Spotlight series of videos on financial centres, Yuri Bender spoke to leading figures in the Maltese financial industry

Brazil turnaround will set Latin America on road to recovery
With a new government in place, Brazil looks set to leave its economic woes behind, which bodes well for the region as a whole

Financial centres: Cities stand on verge of new era
A handful of financial centres look set to battle it out as the base for banks and companies, with a skilled workforce and low cost base among the key differentiators

Switzerland struggles to find new role in post-secrecy world
The Swiss must play to their strengths as well as develop new expertise if they are to have any chance of regaining former glories

Brexit provides Paris with new lease of life
While the French government has not always been supportive of growing its financial services sector, Paris is gradually waking up to opportunities for expansion

Funds and fintechs find Luxembourg an attractive base
Asset managers have long been using Luxembourg as a base for cross-border fund distribution but the Grand Duchy has found a new lease of life as a haven for tech-based start-ups

Regulation and technology lead Madrid’s transformation
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
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