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Business

Finance hubs of the future

Published 6:00 AM EDT, Fri September 5, 2014
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New York, London and Hong Kong may be the leading finance hubs of today, but where are the emerging financial centers of tomorrow? There are some surprising cities among those tipped for success ...
Finance hubs of the future —
New York, London and Hong Kong may be the leading finance hubs of today, but where are the emerging financial centers of tomorrow? There are some surprising cities among those tipped for success ...
Afton Almaraz/Getty Images
Casablanca is making huge strides to become a hub and gateway between Europe and Africa. This picture is based on local authorities' plans for the city's financial center.
Casablanca —
Casablanca is making huge strides to become a hub and gateway between Europe and Africa. This picture is based on local authorities' plans for the city's financial center.
Courtesy Casablanca Finance City Authority
Busan, South Korea, has traditionally operated in Seoul's shadow. In a Global Financial Center Index questionnaire, international finance professionals ranked it second only to Casablanca as a place tipped become more significant in the coming years.
Busan —
Busan, South Korea, has traditionally operated in Seoul's shadow. In a Global Financial Center Index questionnaire, international finance professionals ranked it second only to Casablanca as a place tipped become more significant in the coming years.
TED ALJIBE/AFP/Getty Images
The Argentinian capital is experiencing long-term upward growth despite a fairly unpredictable economic and political situation currently. Its rank on the Global Financial Center Index list has moved up 21 places to the 25th spot.
Buenos Aires —
The Argentinian capital is experiencing long-term upward growth despite a fairly unpredictable economic and political situation currently. Its rank on the Global Financial Center Index list has moved up 21 places to the 25th spot.
Lujiazui Financial District in the Pudong area of Shanghai looks set to gain even more strength as the Chinese economy booms.
Shanghai —
Lujiazui Financial District in the Pudong area of Shanghai looks set to gain even more strength as the Chinese economy booms.
JOHANNES EISELE/AFP/Getty Images
Kuala Lumpur has made steady progress on branding itself as a global financial city. Sitting in the shadow on Singapore, more affordable Kuala Lumpur has found a niche in Islamic banking.
Kuala Lumpur —
Kuala Lumpur has made steady progress on branding itself as a global financial city. Sitting in the shadow on Singapore, more affordable Kuala Lumpur has found a niche in Islamic banking.
SAEED KHAN/AFP/Getty Images
A financial and shipping center for Northeast China and Asia, Dalian is witnessing strong growth.
Dalian —
A financial and shipping center for Northeast China and Asia, Dalian is witnessing strong growth.
JOHANNES EISELE/AFP/Getty Images
Impressive construction and a thriving tourism industry have boosted Dubai. It has cemented itself as a financial hub in the Middle East offering warm weather and zero income tax.
Dubai —
Impressive construction and a thriving tourism industry have boosted Dubai. It has cemented itself as a financial hub in the Middle East offering warm weather and zero income tax.
Scott Olson/Getty Images
Small but wealthy, Qatar has the money to invest in its financial center and zero income tax has attracted many.
Qatar —
Small but wealthy, Qatar has the money to invest in its financial center and zero income tax has attracted many.
Chris Jackson/Getty Images
Luxembourg is tipped to become more important due to various tax arrangements available as well as being home to many experts in fund and wealth management.
Luxembourg —
Luxembourg is tipped to become more important due to various tax arrangements available as well as being home to many experts in fund and wealth management.
Courtesy Luxembourg For Finance

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