Singapore Gains as Financial Center
Z/Yen has published the 21st Global Financial Centres Index (GFCI 21), rating 88 financial centres.
Brexit and the US election have had a significant impact. London and New York fell 13 and 14 points respectively. These were the largest declines (except for Calgary) in the top 50 financial centres.
There was no change in the top five positions: London, New York, Singapore, Hong Kong and Tokyo remain the top five financial centres.
The gap between third place Singapore and second place New York continues to close.
Click here for the release.