BLOG» Blog Archive » Financial Centres: London. London is the banking centre of the world and Europe’s main business centre.More than 100 of Europe’s 500 largest companies headquarters are situated here. Many of world’s largest financial companies have their European headquarters in London too.London is the heart of the world’s financial business and the centre of financial innovation and information.
It’s supportive legal, regulatory and fiscal regimes are underpinned by a highly efficient technological infrastructure and an unrivaled concentration and variety of expert services. The Bank of England used to regulate the financial markets before the government launched the Financial Services Authority (FSA) to take control of financial regulation. Financial Background London has a dominant role in several international financial markets, including crossborder bank lending, international Bond issuance and trading, foreign-Exchange trading, over-the-counter derivatives, fund management and foreign equities trading.
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