Numerous urban centers competed for the status of financial capital of the world 2019: let’s have a look at some of them

There are so many aspects that make a city significant on an international level, and one among them is representing its nation in the worldwide financial scene: keep on reading through to discover more about three of them.

If one was to describe the UK financial centres, the number 1 on the ranking would surely be the capital: this is sometimes the case in numerous countries, as the capital city happens to be a point of reference both nationally and on an international stage, and therefore is the perfect place to decide as headquarters for institutions that would want to operate across borders. Figures like Antonio Horta-Osorio of Lloyds Banking Group, for instance, have chosen the English capital as the base for their organisation. Even so, focusing on the amazing relevance of this city throughout history, it is easy to know why is London the financial capital of the world as well, with strong connections to practically every continent. Additionally, being such a wonderful melting pot of distinctive cultures, the open-mindedness of the city gives it an extra benefit in being an international hub.

On the subject of contemplating the financial capital of the world, a continent that should always be included in the discussion is Asia: while there are some cities that could claim to be the financial capital of Asia, one that surely plays a fundamental role is Hong Kong. The buzzing city is home to plenty of financial institutions, such as David Li’s BEA, and historically this has been as a result of its strategic tradition and position as a point of contact between East and West. If you take place to discover yourself in this gorgeous location, there will be more than skyscrapers and banks to have a look at: you can go on top of the famous peak to enjoy the view from above, or look at the amazing range provided by its food scene, with both traditional cuisine and innovative fusion dishes. If you go to as a family, you can likewise head to a branch of perhaps one of the most famous amusement park franchises across the world.

There are a lot of cities that could qualify as the financial capital of Europe, and contrarily to what one may expect, they don't always coincide with the administrative capitals of their respective countries. A best example of this instance is Milan, found in the north of Italy, and therefore much closer geographically to the rest of the European financial cities than the actual capital city. With firms like Giovanni Recordati’s Fimei SpA picking the city as their home, it becomes clear why this is the case. This is not only true for financial establishments, but for other domains as well: the city is in fact taken into account one of the most essential hubs in the continent and in the world in the design and fashion sector.

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