How are deals totaling millions of pounds executed in the stock exchange?
The Living City, 1970, part 6 - The London Stock Exchange
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The video discusses the impact of international financial fluctuations, particularly how changes in bank rates affect stock market prices. It highlights the history and significance of the Stock Exchange, built in 1854, and its motto, 'my word is my bond,' emphasizing verbal transactions. The Stock Exchange, along with other financial institutions, plays a crucial role in global finance. Lloyd's of London is introduced as the world's leading insurance organization, making the city a hub for international insurance.
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What are some of the organizations that make the city the heart of international insurance?
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