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WORLD’S TOP FINANCIAL CENTERS IN 2025

London narrowed the gap with New York, while Hong Kong regained its position as Asia’s top centre behind London and New York.

BY Realty+
Published - Wednesday, 24 Sep, 2025
WORLD’S TOP FINANCIAL CENTERS IN 2025

Here are the world’s top financial centres according to the Global Financial Centres Index (GFCI 37), published on March 20, 2025.The top five financial centres are:New York City, London, Hong Kong, Singapore and San Francisco These cities lead due to strong regulatory systems, world-class infrastructure, deep talent pools, reputational strength, and robust financial sector development.

Key Insights & Highlights
Stability at the top: New York has held first position since September 2018, and the top nine centres remained unchanged in GFCI 37 London’s resurgence: Benefiting from UK policy adjustments and reforms post-Brexit, London made a notable 12-point gain, significantly closing in on New York. Hong Kong rebounds: Reclaimed third globally and maintains its status as Asia’s top centre – leading globally in several industry sectors including investment management, insurance, and finance. Fast-moving Asia: Seoul re-entered the top 10, while established Chinese cities like Shanghai and Shenzhen solidified their positions near the top.

Regional Perspectives
North America dominates: Cities like New York, San Francisco, Chicago, Los Angeles, Boston, and Washington DC all make the top 20. Europe’s presence: London, Frankfurt (11), Dublin (14), Geneva (15), Luxembourg (16), Paris (17), and Amsterdam (18) reflect strong competitiveness. Asia-Pacific leaders: Hong Kong, Singapore, Shanghai, Shenzhen, and Seoul remain influential. Middle East & Africa: Dubai (12) is the highest-ranked regional centre. India’s progress: GIFT City in Gujarat ranks at 46th, and Mumbai improves steadily, but remains outside the top 50

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