Although most believe the London will remain a high profile hub, the appeal of rival centres is growing and banks would rather wait to discover what the future holds before committing to the UK capital
Europe
Private banking centres face up to compliant future
While the City of London comes to terms with the potential impact of Brexit, other centres sense a chance to expand their own financial services industries. But Swiss stalwarts Zurich and Geneva still have much to offer
Isle of Man’s digital dreams
Although financial services remain a key component of the Isle of Man economy, technology is increasingly important to the island's future
A tale of two cities: London and Paris battle for fund supremacy
The French and UK capitals are both running initiatives designed to raise the profiles of their asset management industries with domestic and external audiences
Greek shipping magnates navigate choppy waters
Greek shipping families claim they have been let down by private banks in the past, but they still need finance and investment expertise
ESA proposals could harm European fund industry warns Luxembourg fund body
The European Commission’s proposals to strengthen financial supervision are likely to prove costly and are trying to fix a problem that doesn’t exist, according to Alfi
Cyprus basks in glow of economic recovery but CBI clouds gather on horizon
The eastern Mediterranean island of Cyprus has staged a remarkable economic turnaround, although its citizenship by investment scheme has come in for criticism
Going gets tough for squeezed middle in European ETF battleground
The European ETF market is dominated by a handful of huge players and a long tail of smaller firms. Is it ripe for consolidation?
Political transformation adding to French renaissance believes SocGen
Optimism is running high in both the political and financial systems in France, says Société Générale’s private banking supremo Jean-Francois Mazaud
Cyprus: a financial hub for Europe and the Middle East
Having embarked on the road to recovery after a near-fatal banking crisis, the Mediterranean island of Cyprus is looking to re-establish itself as a regional business base, while hopes for an end to division of the island, partly occupied since the Turkish invasion of 1974, are also rising. PWM talks to financial firms, legal advisers, government agencies and politicians about how expertise in trust and company formation may help the jurisdiction catch new wealth from both Russia and the Middle East, whereas a vibrant shipping industry and real estate market are making Aphrodite’s island more attractive
Global Private Banking Awards 2023
PWM Digital Edition (June - July 2023)
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