is london or new york the financial capital of the world
Financial centre The Global Financial Centres Index is compiled semi-annually by the London-based British think-tank Z/Yen in conjunction with the Shenzen-based think-tank China Development Institute.[67] London has been the top-ranked centre from the index's inception in 2007, except from March 2014 to September 2015, when New York City led.[67]:7
New York City New York City is situated in the Northeastern United States, in southeastern New York State, approximately halfway between Washington, D.C. and Boston.[154] The location at the mouth of the Hudson River, which feeds into a naturally sheltered harbor and then into the Atlantic Ocean, has helped the city grow in significance as a trading port. Most of New York City is built on the three islands of Long Island, Manhattan, and Staten Island.