The top 10 global financial centres


The Z/Yen Group has published the fourteenth Global Financial Centres Index (GFCI14), sponsored by the Qatar Financial Centre Authority and rating 80 financial centres on the scale of 1 to 1000.


Ten Years After Barings - Where Are They Now ?

It is coming up to the 10th anniversary of when Nick Leeson bust the bank that was Barings. The Observer has had a quick look at what happened to the few who enjoyed their 15 minutes of fame as a result of the scandal.

Barclays Wealth Hires Head Of High Net Worth Business

Barclays Wealth has announced the appointment of Christian Berchem as Managing Director, Head of High Net Worth (HNW) for UK & Ireland Private Bank. Based in London, he will join the firm in September and will report to David Semaya, Head of UK & Ireland Private Bank.

Wells Fargo & Company Elects New Board Member

Wells Fargo & Co has said that its board of directors has elected Elaine L. Chao, the former U. S. Secretary of Labor and the first Asian Pacific American woman to be appointed to a presidential cabinet, to the company's board of directors, effective July 1, 2011.

JP Morgan Man Killed In Cab Fare Row

Sadly, The Evening Standard reports that a banker who worked for JP Morgan in the City was killed after being dragged under the wheels of a mini-cab following an apparent argument over the fare, close to his home in Chelsea.