Apart from New York and London, the other centres in the top 10 are closely matched, with only eight rating points separating third and tenth places. ![]() But London has become the only European hub in the top 10 after Shenzhen replaced Paris in 10th spot. The capital’s booming FinTech scene continues to drive innovation and technological development in the global financial services industry." The index, based on surveys and 150 factors, awarded New York 759 points - down three points from the GFCI six months ago - with London 14 points down at 726. "London’s deep pool of highly skilled workers and a welcoming business regime were key factors in cementing its position as the bloc’s top dog. Pessimists had warned that Brexit would reduce the attractiveness of the City to the world’s top finance firms. ![]() website pointed out: "The City beat the likes of Paris, Frankfurt and Amsterdam to Europe’s crown. London stays in top 5 rankingsNevertheless, the City A.M. But first-placed New York has extended its lead over London in the index, compiled by the Z/Yen Group in partnership with the China Development Institute, while rivals in Asia are gaining ground.
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