Los Angeles Overtakes Shanghai in World Financial Centers Ranking

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

March 24, 2023 at 12:18 AM EDT

This article is for subscribers only.

The home of Hollywood has overtaken China’s commercial capital in a fresh ranking of the world’s top financial centers.

Los Angeles took sixth spot on the Global Financial Centres Index (GFCI), pushing Shanghai into seventh place. Meanwhile, Chicago and Boston broke into the top 10, edging out Beijing and Shenzhen.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE