23/01/24

IFCs Improve Their Position In The Global Financial Centres Index

In 2005, the Z/Yen Group undertook research for the City of London on the competitiveness of financial centres. Previous research in this area had compared a small number of centres, typically just London, Frankfurt, Paris, and New York. We developed the Global Financial Centres Index (GFCI) from that research to recognise that financial centres were developing across the world with the intention of offering a dynamic measure of the comparative strength of financial centres. The first edition of the GFCI was published in 2007. In September 2023, Z/Yen published the 34th edition of the index, which is updated twice a year.

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