BIS expands innovation hub network

Photo by David Lundberg
The Riksbank lobbied to be one of the new hub locations

The Bank for International Settlements launched a major expansion of its network of innovation hubs today (June 30), with several new hub centres established across Europe and North America.

New hubs will open in London, Stockholm and Toronto, plus a shared Eurosystem hub in Frankfurt and Paris. These centres will be hosted by the Bank of England, Bank of Canada and European Central Bank, with responsibility for the Nordic hub shared between the National Bank of Denmark, Central Bank of Iceland

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