International

Madrid, fourth on the financial podium in Europe

Madrid, fourth on the financial podium in Europe

Madrid is already the fourth most important place in the European financial sector, according to the Global Index of Financial Centers, prepared biannually by the consulting firm Z/Yen Partners.

The Spanish capital, which had been occupying ninth place in the table until the last update of the report, now rises to number four on the list, with 690 points, which leaves Madrid at the gates of the European podium of financial capitals, only behind from London, which has added 726 points; Paris, with 706; and Frankfurt, with 694, which allows us to dream of taking the German city by storm.

Following in the footsteps of Madrid are Amsterdam (687 points), Zurich (686), Edinburgh (684), Geneva (678), Stockholm (677) and Luxembourg (676). And it is necessary to highlight the collapses of the German city of Hamburg, which descends 11 positions and is now in position number 16; and that of Stuttgart, which falls 23 places.

In the world ranking, Madrid is in 18th place and, together with the Chinese city of Shenzhen, it is the city, out of the first 20, that has risen the most places compared to the previous edition.

Of the top 10 most influential cities in the global financial sector, six are Asian, three American and one European. The ranking is led by New York (759 points), followed by London (726), Hong Kong (715), Shanghai (714), Los Angeles (713), Singapore (712), San Francisco (711), Beijing (710). , Tokyo (708) and Shenzhen (707).

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