Zurich is the largest city in Switzerland and the capital of Zurich, Switzerland. It is also one of the safest, wealthiest and most standard of living cities in Europe. As an important economic, financial and cultural center in Western Europe, Zurich is a world-famous international metropolis. The headquarters of the International Football Federation is located in Zurich. The Dadaism that emerged in 1916 originated in Zurich. Zurich has more than 120 global and regional headquarters of banks, more than half of which are foreign banks, so it enjoys the title of "European Millionaire City". UBS, Credit Suisse, Zurich Financial Services Group and many European private banks are based in Zurich. Swiss banking industry's high efficiency and strict confidentiality make Zurich the main center of offshore banking business in the world. Financial account transfers account for about a quarter of Zurich's economic activities. In 2014, Zurich ranked first among UN-Habitat's best livable cities in the world.