The article examines the main trend and subtrends of financialization on the example of 5 large formed financial cores è 3 promising financial centers, collectively representing 61 countries, 88% of global GDP and 92% of global money supply. It analyzes the variation of financial development among countries and groups of countries through the 32 indicators of World Bank’s Global financial development database. The article identifies the strengths and weaknesses of models for financial development, shows the fierce competition between them. It is proved that super-long-term trend of financialization is exhausted its ability and needs a new financial mechanism. Predictions are made for the future of financialization and financial development within the old, new and promised financial cores.