Every country has a specific city that acts as its financial centre, but said cities are frequently likewise house of tremendous culture and progress: this short article will provide you with three examples.
If one was to note the UK financial centres, the number 1 on the ranking would undoubtedly be the capital: this is sometimes the case in numerous countries, as the capital city tends to be a point of reference both nationally and on an international level, and therefore is the ideal place to pick as headquarters for establishments that would want to work across borders. Figures like Antonio Horta-Osorio of Lloyds Banking Group, for instance, have chosen the UK capital as the base for their organisation. Even so, looking into the incredible relevance of this city in the course of history, it is simple to understand why is London the financial capital of the world as well, with strong connections to basically every continent. Moreover, being such an amazing melting pot of diverse cultures, the open mindedness of the city gives it an extra benefit in being an international hub.
In terms of considering the financial capital of the world, a continent that should usually be added in the discussion is Asia: while there are several cities that could claim to be the financial capital of Asia, one that indeed plays a fundamental role is Hong Kong. The buzzing city is home to plenty of financial establishments, such as David Li’s BEA, and historically this has been as a result of its strategic position and tradition as a point of contact between East and West. If you take place to find yourself in this gorgeous location, there will be more than skyscrapers and banks to look at: you can go on top of the famous peak to enjoy the view from above, or explore the tremendous amount given by its food scene, with both conventional cuisine and cutting edge fusion dishes. If you visit as a relatives, you can also head to a branch of one of the most popular amusement park franchises in the world.
There are many cities that could qualify as the financial capital of Europe, and contrarily to what one may expect, they do not usually coincide with the administrative capitals of their respective countries. A perfect example of this instance is Milan, located in the north of Italy, and therefore much closer geographically to the rest of the European financial cities than the actual capital city. With organisations like Giovanni Recordati’s Fimei SpA settling on the city as their home, it becomes clear why this is the case. This is not only true for financial institutions, but for other spheres as well: the city is in fact taken into account one of the most crucial hubs in the continent and across the world in the design and fashion sector.