This is the island's main city and financial, governmental, and administrative centre, and its charms match those of other Mediterranean  jewels.  
( ( ( ( ( This ( is ( ( ( ( the ( island 's ) ) ( main city ) ) and ) ( ( ( ( ( financial , ) governmental ) , ) and ) ( administrative centre ) ) ) ) ) , ) and ) ( ( its charms ) ( match ( those ( of ( other ( Mediterranean jewels ) ) ) ) ) ) ) . )
(ROOT (S (S (NP (DT This)) (VP (VBZ is) (NP (NP (NP (DT the) (NN island) (POS 's)) (JJ main) (NN city)) (CC and) (NP (NP (JJ financial)) (, ,) (NP (JJ governmental)) (, ,) (CC and) (NP (JJ administrative) (NN centre)))))) (, ,) (CC and) (S (NP (PRP$ its) (NNS charms)) (VP (VBP match) (NP (NP (DT those)) (PP (IN of) (NP (JJ other) (NNP Mediterranean) (NNS jewels)))))) (. .)))
The city has a lot of banks and other types of financial institutions. 
( ( The city ) ( ( has ( ( ( ( a lot ) ( of banks ) ) and ) ( ( other types ) ( of ( financial institutions ) ) ) ) ) . ) )
(ROOT (S (NP (DT The) (NN city)) (VP (VBZ has) (NP (NP (NP (DT a) (NN lot)) (PP (IN of) (NP (NNS banks)))) (CC and) (NP (NP (JJ other) (NNS types)) (PP (IN of) (NP (JJ financial) (NNS institutions)))))) (. .)))