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Tuesday, September 9, 2008

U.K., U.S. lead "financial-development index"

A study by the World Economic Forum found that the U.K. and the U.S. have the most developed financial systems in the world, with Germany, Japan, Canada and France following. The first "financial-development index" from the forum is an attempt to measure the financial-system health of more than 50 countries. The index is expected to bolster efforts in London to compete against New York as the global financial capital. Venezuela, Ukraine and Nigeria were at the bottom of the list.

more at http://www.ft.com/cms/s/0/54067992-7dec-11dd-bdbd-000077b07658.html

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