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New York, the first financial center, followed by the City of London

Posted on Sep 29, 2020 at 12:36 PMUpdated Sep 29, 2020 5:19 PM

New York remains the most attractive place for all the financiers on the planet, where careers take off and destinies are played out. It is closely followed by the City of London, according to the ranking in September of the competitiveness of financial centers, established by Z / Yen, an English think tank and the China Development Institute. It is carried out according to 5 categories of criteria (development of the financial sector, regulatory and tax environment, infrastructures, available “gray” material, reputation of the market and innovation) which, twice a year (March and September), are used to establish a summary score for each city, its competitiveness index (GFCI). These obtain a second subjective evaluation on the basis of a survey of 8,500 financiers. This second classification is significantly different except for the first four in the classification.

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