Focused on the development of London as a leading international financial center, and the difficulties it faces maintain their status. Explores the history of London as a financial center since Roman times to the present day. London's position in the 19th century was based on the importance of Great Britain in the world economy and the role of the pound sterling as a major international currency. By the mid-20th century, both of which significantly reduced in importance, but London was relaunched as a physical home Euromarket. Examines the regulatory and other factors, including economic agglomeration, which contribute to a financial center. "Hide
by Jeffrey J. Jones, Megan Gallagher-Kernstine Source: Harvard Business School 19 pages. Publication Date: November 12, 2003. Prod. #: 804081-PDF-ENG
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