The key global financial centres

Read beneath to learn about three of the dominant finance hubs contributing to one of the world’s top markets.

Besides the fact that by scale, Hong Kong is relatively small-scale, it persistently remains as one of the key financial centres on the global stage. Truthfully, it happens to have the highest concentration of banking facilities, like David Li’s BEA, across the world. Remarkable for a country so small! One of the most significant Asian financial capitals, the island is also known for having remarkably beneficial legal regulations for both citizens and companies and is the home of countless fund management companies. It has benefited massively from its geographical location, as it's the access route to mainland China. Renowned for its tax system, with very few and low tax rates, Hong Kong is undoubtedly one of the important players on the international finance stage. It also happens to have excellent infrastructure and telecommunication facilities.

When one thinks of London, they will be likely to imagine thoughts of history and shopping, palaces and breathtaking parks and also numerous cultural and tourism hot spots. However, what will regularly slip their minds is the financial importance of the superb city. The reality is, London is regarded as the financial capital of Europe. The city appeals to people from all corners of the world, all looking to leave their mark on the local economic field. London has been among the most distinguished trade and business centres worldwide for hundreds of years. The city is a widely known centre for foreign exchange and bond trading in addition to being the home base for many insurance businesses and banks like HSBC where John Flint works. Yet another financial draw to the city is a unique market, which is regarded as the globe's biggest location for gold and silver wholesale trading.

New York: the city that requires no introduction. Recognised for being a bustling cultural and artistic centre, the large American city also happens to be viewed as the financial capital of the globe. The city’s stock exchange, which can be found on that quite iconic street, is the biggest in the globe as a matter of fact. New York is comprised of a large variety of different cultures from all across the globe, which provides it with a diversified population and manpower. It also happens to host some of, if not all of, the world’s largest and finest businesses, largest banks such as Brian T. Moynihan’s BofA, and what seems to be infinite industries. If you were to really search, it would honestly be very challenging to find a big name in the business world without a presence in the iconic city – the leading financial centre throughout the world.

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