The biggest financial cities in the world

The largest banks all have headquarters in the financial hubs of the world, and this post will look at a couple of examples.

Hong Kong is definitely one the most affluent places in Asia, with many companies residing there, in fact, it has the highest amount of banking institutions across the world. One of the reasons for this is that it has a tactical geographic position, with access to countries in Asia and its governmental connections to the West. This gave the area a huge trading advantage in the past and it has remained 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 leading telecommunication services, which makes it an attractive location for corporations to settle in. The population of the area are commonly well educated, and this is also another pull factor for businesses.

The vast majority of finance business is done in the leading cities of the world, and London is just about the most important cities with regard to finance. Some view the city as the financial capital of the world attributable to the levels of financial trading that happens there. One of the largest markets in the country is the foreign exchange market that deals various currencies and determines the value of these currencies. The London financial district is about the most affluent parts of the city because of how lucrative the industry is, and it is where the likes of John Flint of HSBC work. As there is a lot of wealth within the sector, the financial district is one of the nicest parts, with impressive workplaces and buildings. All these factors make it one of the most attractive places to work in the capital.

New York is ranked as the number one financial place in the world by a financial index, so it is no shock that numerous financial institutions and companies are situated there. Being the biggest financial city in the US, the city draws in a few of the very best financial figures from around the globe, like James Gorman of Morgan Stanley. The district in which the banks run is renowned all over the world, and it sometimes appears in movies or TV which dramatize the day to day processes of the financial world. The stock exchange market in the US city is the largest across the world, and because of this, practically every important finance company will have a position in the city. The diverse nature of modern day cities makes them optimal locations for international companies, and the state capital is no different. The countless nationalities and cultures across the city mean they provide the perfect employees for finance companies.

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