Edinburgh's financial services sector
Edinburgh is the UK's second financial centre after London and
Europe's fourth by equity assets. In world terms, it ranks ahead of
Milan, Amsterdam and Stockholm in the Global Financial Centres
Index.
The Inspiring Capital has also been scored ahead
of Manchester, Leeds, Birmingham, Dublin and Cardiff for financial
services people, infrastructure, accessibility, real estate and
living environment.
Edinburgh has critical mass in
banking, life assurance and pensions, asset servicing and
investment management. More than 80% of all Scottish security
brokers and fund managers are based in the city region.
It also has vibrant general insurance, corporate finance,
broking and professional services sectors.
The financial services talent pool is
broad, skilled and exceptionally well-qualified, with a high
proportion of graduates.
The largest financial services sector companies headquartered in
the city are the Royal Bank of
Scotland Group, Standard
Life, AEGON UK, Scottish Widows, Baillie Gifford and Tesco Bank.
Edinburgh has a rich history of
financial services innovation and can lay claim to world-changing
innovations including the mortgage and internet banking.
