5 ms·

Geographically, yes, but that's not very important.

• deleted 11d ago
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  • deleted 11d ago
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• sajithdilshan 11d ago
  London is still the financial hub in the Europe
  • hadlock 11d ago
    [flagged]
    • sajithdilshan 11d ago
      What do you mean for now? There is no other alternative in continental Europe due to language barrier
      • owebmaster 11d ago
        Why are you excluding Ireland?
        • sajithdilshan 11d ago
          Ireland is a tax-haven, not a financial hub.
        • ben_w 11d ago
          Euronext collectively is big, but Euronext Dublin is about 1/27th the size of LSE by its own market cap. https://en.wikipedia.org/wiki/Euronext_Dublin https://en.wikipedia.org/wiki/Euronext_Dublin https://en.wikipedia.org/wiki/London_Stock_Exchange https://en.wikipedia.org/wiki/London_Stock_Exchange That said, I'm not entirely clear how the exchange's market cap should or shouldn't be thought of in terms of the total market cap of assets that the exchange lets you trade. Or indeed the float of those assets, which is a concept I've only learned about due to SpaceX's nonsense IPO, so take my thoughts with an appropriate pinch of salt.
      • chabska 11d ago
        Why would language matter? Anyway, Frankfurt is the next biggest financial center after London, and it tend to get the business when a firm wants to move out of London .
        • sajithdilshan 11d ago
          When it comes to being a financial hub English as a global language is paramount in modern world. You wouldn't expect a C-level executive from other side of the world to speak German. Further, if you've ever been in the financial scene in Frankfurt, it's unfortunately predominantly in German because most of the old people working in the institutions can only speak vacation English and they switch to German as soon possible. Also from where did you hear that Frankfurt gets the business that's leaving London? What is your source? That was the hope for the Germans with the Brexit, but it never happened. German laws and bureaucracy is still far too hostile and outdated compared to London.
          • zhouzhao 11d ago
            >most of the old people working in the institutions A problem that will solve itself within the next few years
            • sajithdilshan 11d ago
              Agree, the younger generation, or at least every young German (mostly millennials/GenZ) I’ve met is completely fluent in English, almost like native English speakers. Some even with an American accent which they picked up by watching YouTube videos
        • tchalla 11d ago
          Yes but we Germans are too stuck up with our language barriers.
          • fakedang 11d ago
            And fax machines. Don't forget the fax machines.
      • throwaway2037 11d ago
        This post is weird. Finance people who work in Frankfurt and Amsterdam certainly speak English. Yes, they will also speak German, Dutch, and a variety of other langauges, but not speaking English is not the blocker here. I will also say that finance people in Paris under 40 are also (mostly) fluent in English. (Please don't bring up accent; no one in finance cares about your accent when speaking English; they care about your prices.)
    • hvb2 11d ago
      London is not a financial center? Uh? By what metric? https://en.wikipedia.org/wiki/Global_Financial_Centres_Index https://en.wikipedia.org/wiki/Global_Financial_Centres_Index
• ericmay 11d ago
  It was apparently important enough for the OP to try and draw a distinction when none was needed…