New York has reportedly reclaimed its position as the world’s leading financial center in 2025, overtaking London, according to the 37th edition of the Global Financial Centres Index (GFCI 37). This ranking, compiled using 140 quantitative measures from sources like the World Bank, OECD, and… Read More
Historically, London has enjoyed an “outsized” role in euro-denominated financial transactions, according to an update shared by the Bank for International Settlements (BIS). BIS has examined the latest evidence on whether Brexit has “affected its central role in trading of interest rate derivatives, foreign exchange,… Read More
Abu Dhabi Global Market (ADGM), an international financial center located in UAE’s capital emirate announced a partnership with Rackspace Technology (NASDAQ:RXT), in order “to collaborate on a number of strategic technology initiatives.” As a long standing global leading service provider in multi-cloud computing, technology advisory… Read More
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