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The Global Financial Centres Index (GFCI) ranks the competitiveness of financial centres based on over 29,000 assessments from an online questionnaire and over 100 indices from organisations such as the World Bank, the Organisation for Economic Co-operation and Development (OECD), and the Economist Intelligence Unit. The first index was ...
Strength as a financial center has become one of the pre-eminent indicators of a global city's ranking. As of 2024, [36] the cities representing the top ten financial centers according to the Global Financial Centres Index by the think tank China Development Institute and analytics firm Z/Yen are: [37] New York City; London; Singapore; Hong ...
In 2009, Seoul ranked 53rd among global financial centres; by 2012, Seoul had risen to number 9. [94] Seoul has continued to build office space with the completion of the International Financial Center Seoul in 2013. It ranked 7th in the 2015 Global Financial Centres Index, recording the highest growth in rating among the top ten cities.
Hong Kong improved its standing among global financial centres in a newly released study, thanks to the popularity of its stock market and many cross-border trading schemes with mainland China ...
It works in the financial services, technology and voluntary sectors on research, performance review and strategic management. Founded in 1994, Z/Yen has developed the London Accord, the Global Financial Centres Index, the Global Intellectual Property Index for Taylor Wessing and Taskforce 2000 (the UK industry response to the Millennium Bug). [1]
Global Financial Centre Index [20] City of London: 3/10 cities: The GFCI is a ranking of the competitiveness of financial centres based on a number of existing indices in combination with a regular survey of senior industry figures from around the world. Hong Kong ranked third behind New York and London. IT industry competitiveness index [21]
The Xinhua–Dow Jones International Financial Centers Development Index (IFCD) was a ranking of circa 45 major global financial centres, and was compiled annually by the Xinhua News Agency of China with the Chicago Mercantile Exchange and Dow Jones & Company of the United States from 2010 to 2014; the IFSC (or Dublin) ranked 37th overall of 45 ...
Banking is the largest sector in the Luxembourg economy. In the 2019 Global Financial Centres Index, Luxembourg was ranked as having the 25th most competitive financial center in the world, and third most competitive in Europe after London and Zürich. [28] The country has specialised in the cross-border fund administration business. As ...