New York financial center recognized.
London has lost the status of the main financial center of the world, according to a study by consulting company Duff \u0026 Phelps Global Regulatory Outlook.
The majority of respondents from the financial sector (56%) called New York a financial center.
The share of those who consider London to be the financial capital of the world fell by 20 percentage points and amounted to 36%..
Only 22% of respondents believe that London will remain the largest financial center in the next five years.
The reason for this, researchers call Brexit and the associated uncertainty that has plagued Britain for three years since the referendum..
Analysts predict that leadership from New York will soon shift to Asian cities - Hong Kong, Shanghai and Singapore.
The study involved 245 top managers from the field of asset management, banking and other financial companies in the world..
LIGABizInform.