Last week, Bermuda and other British overseas territories with financial centres signed agreements on sharing tax information.
To many people outside the financial centres of London and New York, he has a point.
In the longer term, Asia's rising financial centres will take market share from the City.
ECONOMIST: Who benefits from a one-off levy on bankers�� bonuses?
It is one of the world's largest financial centres and a well-known tax haven.
Jersey has fallen eight places and out of the top 20 in the Global Financial Centres Index (GFCI).
BBC: Jersey falls eight places in Global Finance Centres Index
As the most open economies that are also big financial centres, Singapore and Hong Kong have been hit hardest.
Nor would these economies gain as directly as the island financial centres would do from lower world interest rates.
Increasingly, the forces that produced financial centres are ignoring national boundaries, gathering up financial businesses in ever greater concentrations.
ECONOMIST: A survey of financial centres: Capitals of capital | The
New monetary policies made the City of London one of the most vibrant and successful financial centres in the world.
As they become more and more successful, their techniques, tools and structures rapidly spread to financial centres around the world.
FORBES: Private Equity, Hedge Funds Must be Understood to be Regulated Effectively
Other eurozone countries that chose not to participate include Luxembourg and Cyprus, both of whom are significant offshore financial centres.
Any crash in equities is likely to hit property hardest in the big three financial centres London, New York and Tokyo.
ECONOMIST: Property markets: High rise, with a hint of vertigo | The
But Mr Huhne also warned that Edinburgh faced stiff competition from other financial centres for the prize, notably London and Leeds.
Switzerland's twin financial centres, Geneva and Zurich, have done well in their specialities of private banking, wealth management and, in Zurich, insurance.
ECONOMIST: If you can't be the biggest, offer something special
It offered the bond in London, which is vying to beat other financial centres in developing an offshore market for yuan-denominated products.
But the City can compete successfully with other financial centres only if Britain has the right policies on regulation, tax and immigration.
Yet the bulk of the region's money is still flowing to established financial centres in Europe, America and other parts of Asia.
Furthermore, the Gulf already has two competing financial centres, Bahrain and Dubai.
But the important bits of the finance industry companies' headquarters and their most skilled and highly prized employees will continue to cluster in financial centres.
ECONOMIST: A survey of financial centres: Capitals of capital | The
On top of current anxieties are longer-term worries about unhelpful European regulation and the challenge to London's status from emerging financial centres in Asia.
Singapore and Hong Kong have benefited from the booming Asian economy, which has led many multinationals to open offices in the two financial centres.
Two of Asia's biggest financial centres, Malaysia and Singapore, also restrict access to their markets in order to nurture their fledgling domestic fund-management companies.
And there is bound to be some drift in dealmaking towards the emerging world, whose governments are trying to develop their own financial centres.
Great financial centres have often been great artistic centres from Florence in the Renaissance to Amsterdam in the 17th century to London and New York today.
Financial centres have become anxious about being superseded by technology, but this survey will argue that at least some of them will continue to thrive.
ECONOMIST: A survey of financial centres: Capitals of capital | The
But from the under-reported fringes of party conferences, the would-be mayor of one of the world's leading financial centres denounces people who earn big salaries.
But it has spread nevertheless to all the big financial centres.
The Anglo-French initiative might be seen as populist politics unless major financial centres like New York and Hong Kong come under serious pressure to follow suit.
Germany and France have long battled to persuade America and Britain to regulate hedge funds, which are clustered in the financial centres of New York and London.
It was "surprising" that one of the three biggest financial centres in the world, with unusually internationally active companies, had managed to produce no prosecutions, the report said.
应用推荐