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The Virgin Islands climbed four places to regain its title as the top financial centre out of 13 in the Latin America and Caribbean region in the 29th edition of the Global Financial Centres Index, which is released twice yearly by the London-based think tank Z/Yen Group.
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Europe s wealthy are falling behind - London just dropped out of the top 10 cities for very high net worth individuals
Europe s wealthy are falling behind - London just dropped out of the top 10 cities for very high net worth individuals
Juliana KaplanApr 15, 2021, 23:51 IST
London.Xinhua/Han Yan via Getty
A new report looks at where the very high net worth - between $5 million to $30 million - live.
London fell out of Wealth-X s top 10 ranking for the first time dating back to 2004.
The US dominated the ranking, with seven cities in the top 10 including the top spot - New York.
London is no longer a top-10 hub for very high net worth (VHNW) individuals.
Morgan McKinley Spring London Employment Monitor: London Financial Services Sector On Road To Recovery As Vacancies Surge Date
The latest figures from
Morgan McKinley’s Quarterly London Employment Monitor reveal that London’s Financial Services industry has returned to hiring growth in 2021, with overall job numbers and professionals looking for new roles in good health compared to the previous quarter:
70% quarter-on-quarter increase in jobs available
50% increase in March 2021 in jobs available compared to March 2020
4.8% quarter-on-quarter increase in job seekers
18% increase quarter-on-quarter salary change
Hakan Enver, Managing Director, Morgan McKinley UK commented, “Financial Services has had a strong start to 2021. As the vaccine rollout continues apace and the road out of lockdown clears, we are seeing the sector recover at a faster rate than anticipated. We expect this recovery and confidence to continue as the country unlocks and normal working life