A Financial Hub is a city or region that serves as a central point for financial services and activities. These hubs typically host a concentration of banks, investment firms, and other financial institutions, making them vital for global finance. Examples include New York City, London, and Hong Kong, which are known for their robust financial markets and infrastructure.
These hubs facilitate international trade and investment, providing businesses and individuals with access to capital and financial expertise. They play a crucial role in the global economy, influencing market trends and economic policies worldwide.