Global Financial Centers are cities that play a significant role in the international financial system. They host major banks, investment firms, and stock exchanges, facilitating the flow of capital and investment across borders. Examples include New York, London, and Tokyo, which are known for their robust financial markets and regulatory frameworks. These centers attract businesses and talent from around the world, contributing to their economic growth. They provide essential services such as asset management, insurance, and foreign exchange trading. The concentration of financial institutions in these cities enhances their influence on global economic trends and policies.