Financial centre of the 19th century. After 1870, Berlin and New York grew to become major financial centres mainly serving their national economies. An array of smaller international financial centers found market niches, such as Amsterdam, Brussels, Zurich, and Geneva. London remained the leading international financial center in the four decades leading up to World War I. Since then, London and New York have developed leading positions in different activities and some non-Western financial centres have grown in prominence, notably Tokyo, Hong Kong and Singapore. In Asia, Tokyo emerged as a major financial centre in the 1980s as the Japanese economy became
Financial centre world: In many respects, the 17th-century Dutch financial innovations helped shape the foundations of modern-day financial system of the world, and greatly influenced the financial history of many English-speaking countries (especially the United Kingdom and United States) in subsequent centuries. By the early 1800s, London officially replaced Amsterdam as the world's leading financial centre. In his book "Capitals of Capital" (2010), Youssef Cassis argues that the decline and fall of Amsterdam, as the world's foremost financial capital, was one of the dramatic events in history of global finance. London and Paris were the world's only prominent financial centers throughout most