The document summarizes financial clusters in major cities, including Toronto, New York, London, and Dubai. It notes that Toronto's financial sector generates 12% of the city's GDP and is the fastest expanding in North America, consisting of banks, insurance companies, credit agencies, and securities dealers. New York is ranked first in North America across insurance, banking, and securities. London is the second largest financial cluster and the financial capital of Europe. Dubai is emerging as a regional financial hub in the Middle East due to its stable banking system and favorable tax regime.

1. GTA Financial Cluster By: Terence Cheung

4. Toronto Financial Cluster Generates 12% of the city’s total GDP Fastest expanding financial sector in North America

5. Toronto financial supporters are….. Members of the 4 sectors: Banks Insurance company Credit agency Securities dealers

6. Competitions

7. New York Financial Cluster Ranked as 1st in the NA Consist of 3 sub-sector Insurance Banking Securities

8. London Financial Cluster Ranked 2nd City of London is the financial capital for Europe

9. Watch out for Dubai… First in terms of stable banking system Favourable tax regime (for business environment) Emerging regional financial hub

10. What’s new in T.O….. Mobile banking New Islamic course offered by Centennial college Mastercard launch no interest for Muslims/Islamic

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