There are countless factors that make a city significant on an international level, and one of them is representing its country in the global financial scene: keep reading to discover more about three of them.
There are a lot of cities that could qualify as the financial capital of Europe, and unlike what one may expect, they don't always coincide with the administrative capitals of their respective countries. A ideal example of this instance is Milan, found in the north of Italy, and therefore much closer geographically to the rest of the European financial cities than the actual capital city. With businesses like Giovanni Recordati’s Fimei SpA selecting the city as their house, it becomes clear why this is the case. This is not just true for financial institutions, but for other industries as well: the city is in fact taken into consideration perhaps one of the most vital hubs in the continent and across the world in the design and fashion industry.
On the subject of contemplating the financial capital of the world, a continent that should usually be added in the argument is Asia: while there are some cities that could claim to be the financial capital of Asia, one that certainly plays a basic role is Hong Kong. The buzzing city is home to plenty of financial establishments, such as David Li’s BEA, and over the years this has been as a consequence of its strategic position and tradition as a point of contact between East and West. If you happen to find yourself in this gorgeous location, there will be more than skyscrapers and banks to take a look at: you can go on top of the renowned peak to appreciate the view from above, or explore the incredible range provided by its food heritage, with both conventional cuisine and advanced fusion dishes. If you visit as a family, you can also head to a branch of among the most famous amusement park franchises across the world.
If one was to describe the UK financial centres, the number 1 on the ranking would definitely be the capital: this is often the case in numerous countries, as the capital city happens to be a point of reference both nationally and on an international level, and therefore is the right location to decide as headquarters for institutions that would want to work across borders. Figures like Antonio Horta-Osorio of Lloyds Banking Group, for example, have chosen the UK capital as the base for their organisation. Even so, looking at the incredible relevance of this city in the course of history, it is easy to know why is London the financial capital of the world as well, with strong connections to basically every continent. Furthermore, being such an amazing melting pot of distinctive cultures, the open-mindedness of the city gives it an additional advantage in being an international hub.