Table of Contents
Table of Contents
Preface
Executive Summary, pp. 1-25
Global Financial Services Leadership: A National Priority, pp. 27-33
External Forces Undermining the Nation’s and New York’s Financial Services Preeminence, pp. 35-58
Domestic Drivers of Competitiveness that Policymakers can Influence, pp. 59-95
Recommendations to Sustain the Nation’s and New York’s Global Financial Services Leadership, pp. 97-132
Section I Global Financial Services Leadership: A National Priority
A. The United States: A Dominant Force in Global Financial Services
B. A Vital Sector at the Heart of the Economy
Section II
External Forces Undermining the Nation’s and New York’s Financial Services Preeminence
A. Strong Dynamics Outside the US Driving International Growth
B. Global IPO Activity Migrating Away from New York
C. Competition Intensifying in Two Key Markets: Derivatives and Debt
Section III Domestic Drivers of Competitiveness that Policymakers Can Influence
A. Financial Services Leaders Perceive New York City as Weakening
B. New York Still Winning the War for Talent
C. A Legal Environment seen as Expensive and Unpredictable
D. Recent US Regulatory Trends Damaging Competitiveness
Section IV Recommendations to Sustain the Nation’s and New York’s Global Financial Services Leadership
A. Critically Important, Near-Term National Priorities
B. Initiatives to Level the Playing Field
C. Important Longer-Term National Issues
D. New York Agenda to Promote Financial Services Competitiveness Conclusions
Endnotes
Index