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Chicago losing its Global Financial Center Mojo

The latest Global Financial Centres Index has been released with the headline-grabbing ranking that puts New York in the top spot for the first time ahead of London. But even the rather obscure London-based research group Z/Yen Group says the separation between New York and London is “statistically insignificant” in the GFCI and that other centers are closing the gap substantially among the top cities. What is also significant, however, is that Chicago, once one … 

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