A financial centre is a global city that is home to a large number of internationally significant banks, businesses, and stock exchanges.
An international financial centre is a non-specific term usually used to describe an important participant in international financial market trading. An international financial centre (sometimes abbreviated to IFC) will usually have at least one major stock market.
Read more about Financial Centre: Global Financial Centres Index, International Financial Centres Development Index, Most Economically Powerful Cities, Worldwide Centres of Commerce Index, Comparisons, Offshore Financial Centres
Famous quotes containing the words financial and/or centre:
“In full view of his television audience, he preached a new religion—or a new form of Christianity—based on faith in financial miracles and in a Heaven here on earth with a water slide and luxury hotels. It was a religion of celebrity and showmanship and fun, which made a mockery of all puritanical standards and all canons of good taste. Its standard was excess, and its doctrines were tolerance and freedom from accountability.”
—New Yorker (April 23, 1990)
“Belief and love,—a believing love will relieve us of a vast load of care. O my brothers, God exists. There is a soul at the centre of nature, and over the will of every man, so that none of us can wrong the universe.”
—Ralph Waldo Emerson (1803–1882)