NYC set to usurp London as leading financial centre

Almost three in 10 respondents (29%) to a Bloomberg poll, including investors, traders and analysts, forecast New York will be the best place for financial services by 2011. Singapore was chosen by 17% of respondents while London trailed in third place with 16% of the votes. Shanghai has 11%, while Tokyo received a mere 1% backing. The findings come despite the results of the World Economic Forum Financial Development report, issued last month, which placed the UK as the world's leading international financial centre That report, which ranked 55 of the world's leading financial s...