London, New York and Hong Kong Share a Troubled Future

Three international financial centers are encountering problems that lessen their appeal, Greg_Ip writes

In rankings of the world’s international financial centers, London, New York and Hong Kong regularly dominate the top three spots. All boast the financial, physical and human infrastructure needed to conduct business across borders while sharing an openness to the world rooted in history and culture.

But those assets matter less in a world that is deglobalizing. The three are internationalist outposts out of step in countries that are turning nationalist.

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