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Right, those small countries have done a great job of continually carving out niches for themselves, but they are not in of themselves centres.
Just thinking aloud though do you still need a "centre" and if you do, how much work needs to be allocated there?
One thing that is important imo is that London as a City is a massive draw. It is a truly amazing city.... Which I guess makes it's ours to loose.
Ireland has a shout at attracting finance jobs, especially in the asset management sector. Malta and Cyprus though, you're having a giggle if you think they are serious contenders for mass finance sector relocation.