[LeftCoaster]

Originally Posted by trofirhen

I know all this is very significant, but it doesn't put us in the world's top 25 !!

Says who? You? What exactly are your credentials for analysing the finance industry? You don’t seem to know much at all about the BC economy, let alone the multitude of private and personal wealth managers situated in Vancouver. You don’t seem well informed on the investment banking activities of tier 1 banks, private brokerages and the major venture capital activities primarily related to junior miners and the venture exchange (which is operated out of Vancouver).

Your posts are lacking any semblance of logic, what do petroleum companies in Houston have to do with financial centres? Nothing is the answer. Please just stop posting about this because it is abundantly clear you have no idea what you are talking about. I have tried to be patient but you seem intent on making yourself look foolish.

Corporate head offices ≠ finance
Number of tall buildings ≠ finance
Oil firms ≠ finance
Businesses in Seattle ≠ finance

Please remember: this is a scale ranking cities as FINANCIAL CENTRES, and does not take into account liveability, nice parks and so forth. It's about the amount of money held and traded in the city

No it isn’t, if you even bothered to read the methodology, which I even cut out and posted for you to make it easy, it clearly outlines what the study is ranking, which is global cities, not financial centres.

Please review the following study, considered the preeminent source on global financail clout, which ranks FINANCIAL CENTRES not GLOBAL CITIES:

World # 23 - Global financial centres - http://www.zyen.com/PDF/GFC%207.pdf#page=30

This comes straight from a deutchebank briefing on the future of financial centres:

A typical top-10 ranking
of financial centre competitiveness includes London, New York, Hong Kong, Singapore, Tokyo, Chicago, Zurich, and Geneva among the front-runners.15 Other financial centres in the advanced economies such as Sydney, Toronto, Frankfurt, Boston, San Francisco, Washington, Luxembourg, Paris, or Vancouver consistently rank among the top-25.

http://www.dbresearch.com/PROD/DBR_M...0000260736.pdf

The report then goes on to rank Vancouver in the top twenty financial centres and more importantly in their top twenty performers, citing major opportunities for growth.


Here is some more insight from The City of London, via their GFCI study.

A theme that seems to be growing in importance is the quality of life offered by financial centres. It is notable that centres that score well in the quality of life measures seem to be doing well in the GFCI.

"Early in my career I had to be close to the markets and spent most of my time in New York. Advances in technology now mean that I can manage my business from anywhere. I can move around the world and I now spend most of my time in Sydney, Vancouver and Cape Town. - Global asset manager

http://issuu.com/pillarofhercules/docs/gfci

I'm sorry to be so crass but you just don’t seem to listen to me when I respond diplomatically. There is so much misinformation about the Vancouver economy, which I try to address in my business thread, but ignorance simply seems to pervade. I'm sure this won’t change a thing, and the same suspects will make the same unsubstantiated claims based off their own uninformed viewpoints.

At least they can say I tried