New York has become the world’s most attractive financial center

Brexit has cost London the title of the world’s most attractive financial center.

According to the results of a survey released on Wednesday, New York, United States, has overtaken London as the world’s most attractive financial center following Britain’s decision to leave the European Union.

Ever since Britain’s historic vote to leave the European Union, more than two years ago, some of the world’s most powerful finance companies in London have been looking for ways to preserve access to their existing clients in the EU and maintain their cross-border trade flow after March 2019.

NY took the first place, followed by London, Hong Kong and Singapore in the Z/Yen global financial centers index, which ranks 100 financial centers on factors such as infrastructure and access to high quality staff.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

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