The new Z/Yen global financial centres rankings supports what you’ve heard in the news: Europe is fading and Asia is rising. America is treading water.
Third place Hong Kong closed the gap with a 21 index point gain. Shanghai rose to sixth place with an unmatched 25 point gain.
Big losers include mainland Europe, notably Zurich, Geneva, Luxembourg. Tax havens also dropped, including Guernsey, Jersey, the Cayman Islands and Dubai.
Can you name the top eight?