الوصف
Globalization has had a profound effect on the world of finance and banking over the past two decades. This book explores the interrelationships between factors contributing to the globalization of corporate financial services and the local geographical clustering of multinational banks within world financial centres. While globalization is said to have increased the hypermobility of financial flows, lessening the importance of place and space, banks have nevertheless remained spatially-clustered within discrete financial districts within the world's financial centres. It concludes by arguing that geography still matters despite globalization tendencies of financial services, and that governments can influence the business environment to facilitate the development of a successful financial services sector.