New York stays top in finance as London loses ground, index shows

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Reuters
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1615980310918717500
Wed, 2021-03-17 08:00

New York stays top in finance as London loses ground, index shows

LONDON: New York kept the top spot in the latest Global Financial Centres Index (GFCI), with London clinging on to second place in the face of competition from Shanghai and other Asian centers.
The index, compiled by the Z/Yen Group, a London-based think tank, and the China Development Institute, looks at 143 yardsticks provided by outside parties such as the World Bank, The Economist Intelligence Unit, the OECD and United Nations.

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