Posted: 27 Apr 2026 Resource Type: Research Report Download Back The City of London Corporation’s US Office works to strengthen engagement between the UK and the United States across financial and professional services (FPS). At a time of rapid economic, technological and regulatory change, we are supporting deeper transatlantic cooperation, helping firms trade, invest and grow across both markets. Our offer to FPS firms and policymakers Signposting a UK‑wide network of partners to support firms looking to set up, expand or trade with the UK Leading outbound trade delegations and welcoming inbound delegations from key FPS sectors Providing insights on UK policy developments and their relevance to US stakeholders Working with public and private sector partners to support open markets and regulatory coherence Speaking at key FPS events and supporting engagement with UK firms Expanding access to an ecosystem of UK industry stakeholders, partners and policy leaders The strength of the US–UK relationship The US-UK relationship in FPS is of huge value to both partners. We should continue to build on strong investment flows and capitalize on opportunities within FPS. In 2024, the US–UK relationship delivered: $89bn in bilateral FPS trade $485bn in two‑way FPS foreign direct investment Key areas of opportunity Banking and capital markets: London is one of the world’s most globally connected banking hubs, with 160+ foreign banks operating in the City. Asset management: The UK is a leading global centre for portfolio management, with £990bn managed on behalf of North American clients in 2024. Insurance: The London Market is the world’s largest commercial and specialist (re)insurance market. 41% of gross written premium comes from the US and Canada in 2024. Fintech: The UK continues to attract strong investment, with £5.3bn invested in UK fintech firms in 2024 — second only to the US globally. Artificial intelligence: The UK is Europe’s leading destination for AI venture capital, with $12.3bn raised by UK AI firms in 2024. Digital assets and cryptocurrency: The UK is a leading hub for digital assets, recording $273.2bn in cryptocurrency transactions — the highest in Western Europe. Professional services: The US and UK are leading global hubs for FPS services, with $117bn two-way professional services FDI stock in 2024. Find out more US and UK financial and professional services US and UK financial and professional services Related content Research Report Workplace financial wellbeing Jun 2026 - How employers can support their employees' financial resilience and prioritise financial well-being support that centres on education and is built around real-world scenarios. Workplace financial wellbeing Research Report Recruiting and retaining female digital talent Jun 2026 - A call for employers to take urgent action to address barriers women face in digital roles, or wanting to transition into them. Recruiting and retaining female digital talent Case Study Allica Bank | scaling Britain’s SME fintech challenger from London Jun 2026 - Clare Gambardella, Conrad Ford, Chief Product & Strategy Officer at Allica Bank, talks to us about why London remains such a powerful environment for scaling fintech businesses Allica Bank | scaling Britain’s SME fintech challenger from London Case Study Zopa | scaling a digital bank in the UK’s fintech ecosystem May 2026 - Clare Gambardella, Chief Customer Officer at Zopa Bank, tells us about how the UK’s talent, regulatory environment and collaborative ecosystem have supported its evolution from fintech innovator to fully licensed digital bank. Zopa | scaling a digital bank in the UK’s fintech ecosystem Stay in touch Make sure you're the first to hear about news, reports, and events relating to financial and professional services from the City of London Corporation. Sign up now