Singapore is closer to displacing London and New York in a ranking of global financial centres

Brexit

London and New York remain the world's most competitive financial centres - but the big political surprises of 2016 mean their lead over Asian competitors is narrowing.

According to the latest biannual ranking from City think-tank Z/Yen and the China Development Institute in Shenzen, both cities have surrendered ground to Singapore, Hong Kong and Tokyo over the last six months.

Asia’s financial capitals close gap on City and Wall Street

Asia’s financial centres close gap on City and Wall Street

Samuel Agini

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Citi trader John Nihill joins ex-Brevan Howard portfolio manager’s hedge fund 

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Find out who is on the move in the City and beyond this week

HSBC hands Blackburn top risk role as shake-up continues

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The UK lender has given the leading compliance job to a 20-year veteran

Barclays hires Centerview dealmaker Woeber to lead global M&A

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The UK lender has tapped a veteran dealmaker to head up a key area of growth

Several big law firms are discussing $500 million in pro bono legal services with the White House to avert restrictions on their business, people familiar with the matter said.

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Latham & Watkins, Simpson Thacher Near Deals With White House

Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.

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Why Trump Blinked on Tariffs Just Hours After They Went Into Effect

Generative AI is going to reinvent virtually every customer experience and enable entirely new ones that have only been dreamed about, Amazon.com Chief Executive Andy Jassy said.

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Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

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The BOE said that further sharp falls in asset prices are likely.

Bank of England Warns of Tariffs Threat to Stability of Global Financial System

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