what are nyc and london the two biggest global financial cities

Chicago, Boston, and Seoul entered the top 10, replacing Paris, Shenzhen, and Beijing.New York leads the index, with London second, ahead of Singapore in third place, which has maintained its slight lead over Hong Kong in fourth position.GFCI 33 uses 61,449 assessments from 10,252 respondents. The instrumental factors are combined with financial centre assessments provided by respondents to the GFCI online questionnaire.

These quantitative measures are provided by third parties including the World Bank, the Economist Intelligence Unit, the OECD and the United Nations. The GFCI is compiled using 153 instrumental factors. The GFCI is updated and published every March and September, and receives considerable attention from the global financial community.ġ30 financial centres were researched for GFCI 33 of which 120 are in the main index.

The GFCI serves as a valuable reference for policy and investment decision-makers.Ĭhina Development Institute (CDI) in Shenzhen and Z/Yen Partners in London collaborate in producing the GFCI. GFCI 33 provides evaluations of future competitiveness and rankings for 120 financial centres around the world.

The thirty-third edition of the Global Financial Centres Index (GFCI 33) was published on 23 March 2023.

What are nyc and london the two biggest global financial cities