The biggest financial cities on the globe

The most popular banks all have headquarters in the financial hubs of the world, and this article will look at a few examples.

The vast majority of finance business is conducted in the big cities of the world, and London is one of the most important cities with respect to finance. Some view the city as the financial capital of the world attributable to the level of financial trading that happens there. One of the greatest markets in the country is the foreign exchange market that deals foreign currencies and dictates the value of these currencies. The London financial district is just about the most affluent parts of the city because of how highly profitable the market is, and it is where the likes of John Flint of HSBC work. As there is so much money within the field, the financial district is one of the nicest areas, with spectacular workplaces and buildings. All these factors make it one of the most attractive places to work in the capital city.

New York is ranked as the number one financial city in the world by a monetary index, so it is no shock that a lot of financial institutions and firms are situated there. Being the biggest financial city in the US, the city draws in a few of the very best financial people from around the globe, like James Gorman of Morgan Stanley. The district in which the banking institutions run is famed around the world, and it sometimes pops up in movies or TV which dramatize the day to day workings of the financial world. The stock trading market in the US city is the greatest across the world, and as a result of this, practically every large finance company will have a position in the city. The diverse nature of modern day cities makes them ideal places for international companies, and the state capital is no different. The various nationalities and cultures across the city mean they supply the ideal staff for banking institutions.

Hong Kong is one the most well-off cities in Asia, with many companies residing there, in fact, it has the greatest density of banking companies on the earth. One of the reasons for this is that it has a tactical geographic location, with accessibility to nations in Asia and its political connections to the West. This gave the area a tremendous trading advantage in the past and it has continued to be one of the largest financial centres in the world. The city is home to some of the largest banks, and bankers, including David Li of Bank of East Asia, which is the sixth largest licensed bank in the city. The city has spectacular infrastructure in place, and one of the top telecommunication services, which makes it an attractive place for corporations to settle in. The population of the area are normally well educated, and this is likewise another pull factor for businesses.

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