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The same reason why New York and Hong Kong are the other two financial centres - a high concentration of banks heads are there. Not to mention stability.... Ban
by JAlexoid 8y ago
The same reason why New York and Hong Kong are the other two financial centres - a high concentration of banks heads are there. Not to mention stability.... Banks love stability.
London is on par with New York at the moment, but Brexit has literally killed that. London will not stop being a financial centre and it's going to be the biggest financial hub in Europe for a long time... But globally, it's now on the level of Tokyo or Singapore.
PS: I used to work in Braclays HQ, the one in Canary Wharf.