A glance at the global financial hubs

The finance industry is one of the largest across the world, and this short article will glance at three of the big finance hubs.

New York is ranked as the number one financial place in the world by a monetary index, therefore it is no shock that many financial institutions and businesses are situated there. Being the biggest financial city in the US, the city pulls in a number of the best financial people from around the globe, like James Gorman of Morgan Stanley. The area in which the banking institutions run is well-known all over the world, and it sometimes pops up in movies or TV shows which dramatize the day to day processes of the finance world. The stock trading industry in the US city is the largest in the world, and because of this, practically every major finance company will have a position in the city. The diverse nature of modern day cities makes them great places for worldwide firms, and the state capital is no different. The many nationalities and cultures across the city entail they provide the best workforce for banking companies.

The majority of finance business is held in the big cities of the world, and London is just about the most significant cities with regard to finance. Some see the city as the financial capital of the world attributable to the levels of financial trading that happens there. One of the greatest markets in the nation is the foreign exchange sector that trades various currencies and determines the worth of these foreign currencies. The London financial district is about the most wealthy areas of the city as a result of how profitable the market is, and it is where the likes of John Flint of HSBC work. As there is a huge amount of wealth in the field, the financial area is one of the nicest areas, with remarkable office spaces and buildings. All these aspects make it about the most eye-catching places to work in the capital city.

Hong Kong is one the most affluent places in Asia, with so many companies residing there, in fact, it has the highest concentration of banking companies on the earth. One of the reasons for this is that it has a strategic geographic position, with accessibility to countries in Asia and its governmental connections to the West. This gave the city a huge 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 a few of the finest banks, and bankers, including David Li of Bank of East Asia, which is the sixth largest licensed bank in the city. The city has great infrastructure in place, and one of the leading telecommunication services, which makes it an eye-catching place for businesses to settle in. The population of the area are commonly well educated, and this is likewise another pull factor for companies.

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