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New York Beats London As Global Financial Hub

From marketsmedia.com

With the Brexit deadline looming over London this week, confidence in the City as the world’s pre-eminent financial hub has dipped even further this year. This declining confidence is further reinforced by findings from the latest Global Regulatory Outlook (GRO) report released by Duff & Phelps, the global advisor that protects, restores and maximises value for clients, which surveyed senior financial sector professionals from around the world. The survey found that only 33% currently see London as the foremost global financial hub, falling more than 20% over the last two years. Meanwhile, New York gained ... (full story)

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