City of London Since 1991 Canary Wharf, a few miles east of the City in Tower Hamlets, has become another centre for London's financial services industry which houses many banks and other institutions formerly located in the Square Mile. Although growth has continued in both locations, and there have been relocations in both directions, the Corporation has come to realise that its planning policies may have been causing financial firms to choose Canary Wharf as a location. Many major global companies have their headquarters in the City, including Aviva, BT Group, Lloyds Banking Group, Old Mutual, Prudential, Schroders, Standard Chartered, and Unilever. A
City of London is also unusual in having responsibilities and ownerships beyond its boundaries. The Corporation is headed by the Lord Mayor of the City of London, an office separate from (and much older than) the Mayor of London. The current Lord Mayor, as of November 2018, is Peter Estlin. The City is a major business and financial centre. Throughout the 19th century, the City was the world's primary business centre, and it continues to be a major meeting point for businesses. London came top in the Worldwide Centres of Commerce Index, published in 2008. The insurance industry is focused around the eastern