Every nation has a particular city that acts as its financial capital, but said cities are frequently likewise home of tremendous culture and progress: this article will provide you with three illustrations.
There are many cities that could qualify as the financial capital of Europe, and unlike what one may expect, they don't always coincide with the administrative capitals of their respective countries. A best example of this instance is Milan, located in the north of Italy, and therefore much closer geographically to the rest of the European financial cities than the actual capital city. With enterprises like Giovanni Recordati’s Fimei SpA settling on the city as their house, it becomes obvious why this is the case. This is not just true for financial institutions, but for other spheres as well: the city is in fact taken into consideration amongst the most indispensable hubs in the continent and across the world in the fashion and design industry.
In terms of considering the financial capital of the world, a continent that should usually be included in the argument is Asia: while there are several cities that could claim to be the financial capital of Asia, one that undoubtedly plays a fundamental role is Hong Kong. The buzzing city is home to plenty of financial establishments, such as David Li’s BEA, and historically this has been due to its strategic position and tradition as a point of contact between West and East. If you happen to come across yourself in this gorgeous location, there will be more than skyscrapers and banks to look at: you can go on top of the renowned peak to admire the view from above, or explore the incredible amount provided by its food scene, with both conventional cuisine and revolutionary fusion dishes. If you go to as a relatives, you can also head to a branch of probably one of the most famous amusement park franchises across the world.
If one was to list the UK financial centres, the number 1 on the ranking would certainly be the capital: this is commonly the case in numerous countries, as the capital city tends to be a point of reference both nationally and on an international level, and therefore is the right place to opt as headquarters for establishments that would want to operate across borders. Figures like Antonio Horta-Osorio of Lloyds Banking Group, for instance, have chosen the UK capital as the base for their organisation. However, focusing on the tremendous relevance of this city throughout history, it is easy to comprehend why is London the financial capital of the world as well, with strong connections to practically every continent. Furthermore, being such a fantastic melting pot of varied cultures, the open-mindedness of the city gives it an additional benefit in being an international hub.