The greatest banks all have headquarters in the financial hubs of the world, and this post will look at a couple of examples.
The vast majority of finance business is conducted in the leading cities of the world, and London is about the most significant cities with regard to finance. Some view the city as the financial capital of the world due to the amount of financial trading that happens there. One of the largest markets in the nation is the foreign exchange market that deals foreign currencies and determines the value of these currencies. The London financial district is about the most affluent areas of the city as a result of how lucrative the market is, and it is where the likes of John Flint of HSBC work. As there is a huge amount of wealth in the sector, the financial area is one of the nicest areas, with impressive workplaces and buildings. All these aspects make it one of the most attractive places to work in the capital city.
New York is placed as the number one financial city in the world by a financial index, so it is no shock that many financial institutions and businesses are situated there. Being the biggest financial city in the US, the city pulls in some of the very best financial people from around the globe, like James Gorman of Morgan Stanley. The district in which the banking institutions run is famed around the globe, and it often appears in movies or TV shows which dramatize the day to day workings of the finance world. The stock exchange market in the US city is the greatest across the world, and because of this, virtually every big finance company will have a place in the city. The diverse nature of modern cities makes them perfect areas for international firms, and the state capital is no different. The many nationalities and cultures across the city entail they supply the ideal employees for banking companies.
Hong Kong is one the most affluent cities in Asia, with many companies residing there, in fact, it has the greatest density of banking companies across the world. One of the causes for this is that it has a ideal geographic location, with accessibility to countries in Asia and its political ties to the West. This gave the city a big trading advantage in the past and it has always been one of the largest financial centres in the world. The city is home to a few of the biggest banking institutions, and bankers, including David Li of Bank of East Asia, which is the sixth largest licensed bank in the city. The city has great infrastructure in place, and one of the top telecommunication services, which makes it an attractive place for firms to settle in. The population of the area are typically well educated, and this is likewise another pull factor for firms.