global financial centers

Global financial centers are cities that serve as key hubs for international banking, investment, and financial services. They attract banks, investment firms, and businesses from around the world due to advanced infrastructure, legal stability, and favorable regulations. These centers facilitate the flow of capital, help companies raise funds, and provide financial expertise, often influencing worldwide economic trends. Examples include New York, London, and Hong Kong. Their significance lies in connecting global markets, supporting economic growth, and enabling international trade and finance.