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Top 10 Financial Centres In The World

The US dominates the list with 5 centres in the top 10.

1. New York

According to a list released by think tanks Z/Yen Partners and the China Development Institute, New York is the number 1 financial centre in the world.

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2. London

London takes the second spot on the Global Financial Centres Index (GFCI) with a rating of 731.

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3. Singapore

Singapore remained third on the list with a rating of 723. As per Bloomberg, the index uses data collected from thousands of financial services professionals responding to an online questionnaire.

Photo Credit: (Photographer: Ore Huiying/Bloomberg)

4. Hong Kong 

With a rating of 722, Hong Kong is fourth on the list just behind Singapore.

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5. San Francisco

San Francisco is the fifth ranked financial centre in the list with a rating of 721.

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6. Los Angeles

Los Angeles has overtaken China's Shanghai in the 33rd edition of the Global Financial Centres Index.

Photo Credit: Source: Pedro Marroquin

7. Shanghai

Shanghai with a rating of 717 dropped one place to seventh in the list.

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8. Chicago

Chicago broke into the top 10 with a rating of 716. In the previous list, it held the 12th position.

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9. Boston

Boston also entered the top 10 displacing Shenzhen.

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10. Seoul

Seoul moved into the top 10 with a rating of 714.

Photo Credit: Source: Stephan Valentin

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