New York remains top financial centre, London clings to second place

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New York remains top financial centre, London clings to second place
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LONDON (Reuters) - New York has easily remained the world's top financial centre with London still second and gaining some ground, but also facing a ...

LONDON - New York has easily remained the world's top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and Hong Kong, theLONDON - New York has easily remained the world's top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and Hong Kong, the Global Financial Centres index showed on Thursday.

London closed the gap with New York slightly, coming in at 744 points, which is likely to trigger relief there given worries over post-Brexit competitiveness after high-profile companies such as UK chip designer Arm Holdings decided to list in New York.

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New York remains top financial centre, London clings to second placeNew York remains top financial centre, London clings to second placeNew York has easily remained the world's top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and Hong Kong, the Global Financial Centres index showed on Thursday. New York, in the top spot since deposing London in September 2018, remains well in the lead with 763 points based on surveys of 147 factors covering 121 centres provided by third parties, including the World Bank, OECD, and the United Nations. London closed the gap with New York slightly, coming in at 744 points, which is likely to trigger relief there given worries over post-Brexit competitiveness after high-profile companies such as UK chip designer Arm Holdings decided to list in New York.
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