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Starting with the growing role of large private investors in cities, this article discusses the power of the global finance. In some case, it is visible, concentrated on large projects and conducted by a small group of actors. More frequently, this power is informational : based on accounting data and the use of ratios. These tools contribute to measure the values and to recommend the allocation of savings to projects. They operate as well as mechanism of coordination, and they disseminate the influence of the global finance. Being a visible power in some cases, in some others being distributed and informational, raise new questions. Governments know how to regulate the power of ownership and the visible hand of management ; the informational power of the global finance blurs the categories.
