London pride
Article Abstract:
There is competition between the different financial centers of Europe, and London, England, is in a strong position, but could still be vulnerable. There are problems with the alliance between London and other European exchanges and London has been slow to adapt in terms of technology and governance. There has also been official indifference, and complaints that there is no official body to look after the interests of the financial community. There is a need for London to be more prepared to accept change and for greater official awareness of the issues involved.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Innovate or die
Article Abstract:
London, England, is a major center for financial services and is the biggest foreign exchange market world wide. The development of the Eurobond and Eurodollar market helped to revive London as a financial center in the 1960s. London is a key knowledge center which has attracted immigrants from all over the world. There is a need for innovation, either from outside or from exisiting firms. The middle class investment market is growing an presents opportunities. Opportunities exist for new financial services, such as protection against currency risk.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Insurers, shaken and stirred: British financial services
Article Abstract:
British financial services, especially the life insurance industry, is going through a period of change as rules restricting what services companies in certain industries can offer are dropped. Commercial banks, savings and loan companies and insurance companies are now competing against each other.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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