World's Top 10 Financial Hubs For 2014
2. London
Global Financial Centers Index Rating# 784
London is the second leading financial center of 2014. It is known as the financial center for international business and commerce and also known as the command centers for global economy. 
One of the largest industries in London is finance, and its financial exports make it a large contributor to the UK’s balance of payments. The city is home to exchanges, banks, brokers, asset managers, pension funds, hedge funds, private equity firms, insurance companies and reinsurance markets. Not to forget the city has two global headquarters of two of the world’s largest banks, HSBC and Barclays. In 2009 the city handled around 36.7 percent of global currency transactions which was an average daily turnover of U.S. $1.85 trillion.
3. Hong Kong
Global Financial Centers Index Rating# 761
Hong Kong is third in this list. This city has a service oriented economy which is characterized by low taxation, near free port trade and well established international financial market. The currency called the Hong Kong dollar, is legally issued by three major international commercial banks, and pegged to the U.S. Dollar. There is no central banking system in Hong Kong. The economy is governed under positive non-involvement, and is highly dependent on international trade and finance. The economic strengths of this city mainly include a sound banking system, virtually no public debt, a strong legal system, ample foreign exchange reserves, rigorous anti-corruption measures and close ties with the mainland China.
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