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Lending Jobs to Global Cities: Skilled International Labour Migration, Investment Banking and the City of London

Jonathan V. Beaverstock

Department of Geography, Loughborough University of Technology, Ashby Road, Loughborough, LE11 3TU, UK

Joanne Smith

Northern Health Planning Unit, Department of Health, Adelaide, Australia

The agglomeration of skilled international migrants in global cities' financial communities has parallelled the globalisation of financial capital, international markets and deregulation. International workers have clustered in global cities as a response to their geo-economic functions, and in particular those labour market demands created within transnational corporate headquarters. Within this context, this paper will provide a discussion of the significance of skilled international labour migration within a global city: the City of London's transnational investment banking community.

Urban Studies, Vol. 33, No. 8, 1377-1394 (1996)
DOI: 10.1080/0042098966709
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