The finance industry is one of the biggest across the world, and this short article will look at three of the big finance hubs.
The vast majority of finance business is held in the big cities of the world, and London is just about the most important cities with respect to finance. Some view the city as the financial capital of the world attributable to the amount of financial trading that happens there. One of the greatest markets in the nation is the foreign exchange market that trades various currencies and dictates the value of these currencies. The London financial district is about the most wealthy parts of the city as a result of how lucrative the sector is, and it is where the likes of John Flint of HSBC work. As there is so much wealth in the sector, the financial area is one of the nicest parts, with staggering workplaces and structures. All these factors make it one of the most eye-catching places to work in the capital city.
New York is rated as the number one financial city in the world by a financial index, so it is no surprise that a lot of financial institutions and firms are situated there. Being the biggest financial city in the US, the city draws in a number of the best financial figures from around the globe, like James Gorman of Morgan Stanley. The district in which the banks run is well-known all over the world, and it often appears in movies or TV shows which dramatize the day to day workings of the financial world. The stock trading market in the US city is the biggest in the world, and as a result of this, practically every big financial business will have a place in the city. The diverse nature of modern day cities can make them perfect areas for worldwide firms, and the state capital is no different. The many nationalities and cultures across the city entail they provide the perfect employees for banks.
Hong Kong is one the most wealthy cities in Asia, with so many businesses residing there, in fact, it has the highest concentration of banking companies on the earth. One of the explanations for this is that it has a strategic geographical position, with accessibility to countries in Asia and its governmental ties 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 a number of the biggest banks, and bankers, including David Li of Bank of East Asia, which is the sixth biggest licensed financial institution 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 normally well educated, and this is likewise another pull factor for firms.