Authors
Mark Yeandle, Jeremy Horne and Nick Danev

Published by
City of London Corporation (September 2008), 16 pages.

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The Global Financial Centres Index 4

In GFCI 4 London remains in the lead in all five areas of competitiveness and also leads in four of the five industry sub-indices. It is striking that New York now leads London in the sub-index based on responses from people working in the Government & Regulatory sector. However, London and New York have both suffered declines in their ratings since GFCI 3 whilst other leading centres have experienced gains. In previous editions of the GFCI the gap between London and New York, and the third place centre was approximately 90 points. In GFCI 4 this gap has decreased to 73.

Related Events

  • "The Impact of the Global Credit Crisis", Financial Services Club Dublin, Dublin, 22 October 2008

Related Publications

The Global Financial Centres Index (GFCI) was first produced by the Z/Yen Group in March 2007 following another research project into city competitiveness undertook in 2005. The aim of the GFCI is to examine the major financial centres globally in terms of competitiveness. The GFCI has been published every six months (although the index is actually produced every three months). Find out more about previous editions of the GFCI in the Financial Centre Futures Publications section.

In the Media

The GFCI is regularly mentioned in the media globally. For more information, see our media coverage section.