A handful of financial centres command foreign direct investment (FDI) flows in western Europe. London overwhelmingly leads the group, which includes also Paris, Dublin and Zurich – all receiving and generating larger investments over the past year than in the previous review period.
The UK hub dominates both in terms of inward and outward financial services FDI. It attracted $1.03bn and 57 projects in the 12 months to March 2018, a figure slightly higher than the previous period, according to estimates by greenfield monitor fDi Markets. The most recent projects include Japan’s Mitsubishi UFJ Financial expanding its investment banking operations and American Express locating its new headquarters in the city.
