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In this issue

Fallout from the credit crisis was widespread, but the main centres are still a huge source of knowhow

Cities hold firm amid eurozone upheaval

Fallout from the credit crisis was widespread, but the main centres are still a huge source of knowhow

Round-up: Big hubs keep the wheels of industry turning

FT writers report from Europe’s biggest financial centres – Paris, London, Frankfurt and Zurich

Challenger cities: Second tier focuses on specialised approach

Ross Tieman finds cities from Stockholm to Istanbul offering services to match their areas of expertise

Education: Footloose pupils can get lost in translation

Language problems are inevitable but the quality of schools in the main centres is consistent, writes Christopher Cook

FSA
©Charlie Bibby

Regulation: Wariness over EU’s level playing field

National variations could be eradicated by Brussels, writes Brooke Masters

Exchanges: Threat averted for London

Philip Stafford examines the implications of moving the opaque over-the-counter derivatives market through clearing and the drive for consolidation among European exchanges

Investment management: Europe’s changing face

Regulation is threatening to reshape parts of the industry and there are longer-term secular challenges, but the continent is holding its position, writes Sam Jones

Real estate: London rules the roost

The strength of demand has not only decoupled London house prices from the rest of the UK, but also from rival financial hubs, writes Ed Hammond