The financial crisis slammed global banking hubs around the world. Were it not for government bailouts, Wall Street, The City and other banking hubs may never have recovered.
The traditional financial powerhouses stand weakened, and others, long hungry to steal their business, are taking advantage.
Around the world, regional banking centers like Toronto, Shanghai, Singapore and Zurich are poised for explosive growth and to become the new world financial leaders.
Of course, New York, London and other leaders aren't going away anytime soon. But as Western power declines, banks could increasingly favor Hong Kong and Sao Paulo, say, for their operations and investments.
In no particular order, we present the top financial centers to go long on.
The top emerging financial centers >>>
Image: A 2008 architectural rendering of Shanghai and what it will look like with new skyscrapers in the city's Lujiazui financial center.
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