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London still top finance centre despite Brexit, extends lead over NY

Since the survey was conducted in June, talks between UK and EU have become increasingly acrimonious

Reuters  |  Frankfurt | London 

London remains the globe's most attractive financial centre, extending its lead over New York despite Britain's looming departure from the European Union, a survey found on Monday. Britain's departure from the trading bloc has led to some politicians and economists predicting London will lose its pre-eminent status as a financial centre, but there are few signs of that happening yet. London was placed first, followed by New York, Hong Kong, and Singapore in the Z/Yen global financial centres index (GFCI), which ranks 92 financial centres on factors such as ...

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First Published: Mon, September 11 2017. 11:26 IST