Western Europe: leading financial centers 2025| ��ƽ��

Leading financial centers in Western Europe as of September 2025

Characteristic	Points on the Global Financial Centres Index
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Release date

September 2025

More information

Region

Europe

Survey time period

September 2025

Number of respondents

4,877 respondents

Special properties

Financial services professionals

Method of interview

Online survey

Supplementary notes

The source adds the following information: The ratings for financial centres use a factor assessment model. It involves taking two sets of ratings - one from survey respondents and one generated by a statistical model - and combining them into a single ranking.

Citation formats

London was the most attractive financial center in Western Europe as of September 2025. According to five broad areas of competitiveness that the ranking was built on (business environment, human capital, infrastructure, financial sector development, and reputation), London received *** points. Frankfurt ranked second, with a rating of ***. According to the Global Power City Index (GPCI), London was also the most attractive city worldwide for its economy, research and development, cultural interaction, livability, environment, and accessibility.

Financial employment in the UK

In 2022, the value added in the finance and insurance services sector in the United Kingdom as a percentage of total GDP was one of the largest in Europe. However, total employment in the financial services sector overall decreased since 2008. The mean weekly wage of full-time employees in the financial and insurance sector also dropped and never recovered from a sharp decrease in 2018.

Largest European financial institutions

In 2025, HSBC topped the list of the largest European banks in terms of total assets. With more than *** trillion U.S. dollars, the UK-based giant ranked before BNP Paribas, the largest banking institution in France.