The next financial center?
By faisai
@faisai (1138)
Hong Kong
June 6, 2009 10:16am CST
Since the collapse of Lehman Brothers, there are always rumor that Wall Street will lose the its position as the head of the world in finance and that other cities will take up its post. What do you think? Which city around the world that you believe has the biggest chance to compete with Wall Street to be the one?
2 responses
@cobrateacher (8432)
• United States
7 Jun 09
Even before the current crisis, financial centers throughout the world were gaining in prominence. I don't think Wall Street will lose its place as a center for the reporting of trends, but I think it's already lost its place as the hub of finance. Different types of financial doings are now centered in different places. The financial world is becoming increasingly diversified.
