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A financial centre is a Global City that is a Company and Business Hub , as well as being home to many world famous Bank s and Stock Exchange s. Financial centres have existed throughout history in ancient centres such as , which is updated annually. “Financial centres are where market liquidity is and Market Liquidity is very hard to move. Nobody can move liquidity unilaterally and so once a global centre such as London or New York has been established it is virtually impossible to move. It will take a number of significant factors, acting over a number of years to alter the status quo now that it has been established.” (Head of Trading, London-based investment bank) EUROPEAN FINANCIAL CENTRES
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