Why is Edinburgh one of the largest centres in Europe for investment management? Edinburgh comes sixth in Europe, after London, Paris, Zurich, Amsterdam and Frankfurt. In 2007 430 billion worth of investments were managed in Scotland, most of it in Edinburgh, by specialist investment managers such as Baillie Gifford and Standard Life Investments. In addition, Edinburgh is home to the world's sixth largest commercial bank, the Royal Bank of Scotland, and to the Bank of Scotland. This book explains how Edinburgh became such an important financial centre.
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