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Wikipedia: A financial centre is a global city that is a company and business hub, as well as being home to many world famous banks and/or stock exchanges. An international financial centre is a non-specific term of reference usually meant to designate a city as a major participant in international financial markets for the trading of cross-border assets. An international financial centre (sometimes abbreviated to IFC) will usually have at least one significant stock market as well as other financial markets, as well as being subject to a significant presence of international banks.
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