World's Top 10 Financial Hubs For 2014


6. Tokyo

Global Financial Centers Index Rating# 722

Tokyo was known to have the largest metropolitan economy in the world but this year it is in the sixth position. It is a major international finance center and has the headquarters of several of the world's largest investment banks and insurance companies. It also serves as a hub for Japan’s transportation, publishing, and broadcasting industries. In 2006 Tokyo was rated as the most expensive city in the world continuously for 14 years. The Tokyo Stock Exchange is Japan’s largest stock exchange, and third largest in the world by market capitalization and fourth largest by share turnover.

7. Seoul

Global Financial Centers Index Rating# 718

Seoul is known as a major center for business and recently it has developed into one of the most economically important part of the country. It has the headquarters of Samsung, LG, SK, Kia and Hyundai and being a small piece of land in South Korea, this city generates a quarter of the country’s GDP. This alone says much about the economic importance of the capital. Being one of the leading financial centers the city has many transactional companies that are headquartered here. Internationally renowned banks like Citigroup, Deutsche Bank, ING Bank, Standard Chartered, UniCredit, Societe Generale, and others can be found in this city. Also, even Korea’s own exchange bank is also headquartered here.

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