LONDON – Twice a year, Z/Yen releases its Global Financial Centres Index (GFCI), and the latest for September 2017 is just out.
The survey gives cities a combined score based on five main factors:
- Business environment
- Financial sector development
- Infrastructure
- Human capital
- Reputational and general factors.
There was a huge reaction when New York dethroned London as the world's top financial hub in 2013.
But the British capital regained its crown in 2015 and this year extended its lead despite the UK's looming departure from the European Union.
Check out all the other cities that made the cut:
20. Shenzhen – The Chinese city climbed two places to reach the top 20, scoring highly in the infrastructure category.
19. Boston – The US city tumbled 10 places this year, making it one of the biggest fallers alongside San Francisco.
18. Dubai – Up seven places in the ranking, Dubai was boosted by a strong showing in the reputation category, placing sixth in the world.
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