What future for financial centres ?

Foreword

Laurent Fabius

Minister for Economic Affairs, Finance and Industry

Editorial

Benoît Coeuré and Antoine Mérieux

Economic Advisor to the Director of the Treasury

Délégué général de l'AEF

Location of international financial activities :

theoretical findings and recent trends

Julie Choppin-Ansidei

Paris Dauphine University.

Paris as a financial centre in the XIX^th century.

Pedro Arbulu, Jacques-Marie Vaslin

Bordeaux IV University, Amiens University

What will the financial market of the future look like ?

Amelia Fawcett

Managing director, Morgan Stanley Dean Witter.

Paris as a financial centre within an integrated

European financial market

Arnaud de Bresson

Paris Europlace.

London as a financial centre

Robert Laslett

Director of Financial Services, London Economics.

The location of financial activities as seen fromGermany

Jean-François Monteils

Financial centres and central banks

Hervé Hannoun

Deputy Governor of the Banque de France.

The regulation and development of financial centres

François Champarnaud

Head of the research and market development, department COB.

Competition between stock exchanges and

consequences for financial centres

François Champarnaud

Vincent Remay

Head of the research and market development department, COB

Deputy director, products and markets, ParisBourse^SBF.

The financial services industry :

new environment, new stakes

Jean-Pierre Landau, Jean Tricou

Association Française des Banques

The location of investment banking

Michel Fleuriet

Chairman, HSBC.

Asset Management : can Paris be the

"Boston of Europe" ?

Pierre Bollon

AFG-ASFFI

Interview

François Veverka

Executive managing director, Standard & Poor's Europe.

Profession : Financial Analyst

Jacques Lereboullet

Honorary Chairman, SFAF.

International insurance markets

Antoine Mérieux

Director of international affairs, FFSA

Cross border mergers of European listed

companies : the choice of a reference marketplace

as a relevant criterion

Bertrand Caradet and Jérôme Herbet

Winston and Strawn.

Tax competition and harmonisation : implications

for the financial sector

Patrick de Freminet

BNP Paribas.

The relationships between French financial

market and law

Guillaume Eliet

Coudert Frères

The research in market finance

Didier Davydoff

Initiatives Epargne et Marché.

Academic research and financial centres :

necessary relations

Bruno Thiry

ESCP-EAP.