Financial Turmoil Hits London's Status by ProQuest


According to UK law firm Eversheds, increasingly US clients of the firm are opting to go direct to continental Europe rather than using London as a financial gateway. But it is not only European centers that London has to fear. In a survey Eversheds conducted late last year of 600 senior business decision-makers across five economic centers -- London, Mumbai, New York, Shanghai and the United Arab Emirates -- 87% of respondents indicated that traditional financial centers such as London face increasing competition from emerging financial centers.

More Info
To top