Finance & Insurance
The competence centre of continental Europe
Frankfurt is one of the most important financial centres in the world and continental Europe’s main competence centre in the area of money and currency policy. The key players of national and international finance have settled here, creating a unique network of financial services. European Central Bank, CEIOPS, Deutsche Börse AG, Deutsche Bundesbank (German FED), BaFin (financial services supervisory body), Asian Development Bank, and all major credit institutions have chosen Frankfurt as a centre of operation.
News
Eurex and Wiener Börse to cooperate in derivatives market
Wiener Börse plans to migrate Austrian derivatives market to Eurex system - Implementation planned for March 2010.
The Future of Banking and Finance in China, 28.09.2010
The conference aims to intensify the knowledge exchange and collaboration between the Chinese and the European banking and finance communities about the ongoing changes of China’s financial system.
13th EURO FINANCE WEEK on 14.-19.11.2010
Europe’s largest meeting point for the finance and insurance industry focuses the integration and regulation of European finance and insurance markets.
www.frankfurt-main-finance.com
Information about the Frankfurt financial center, the actors, facts & figures, events etc., you will find on the web portal www.finanzplatz-frankfurt.de or www.frankfurt-main-finance.com
All roads lead to Frankfurt
With 267 credit institutions, over half of which are foreign banks, all the leading players are represented in Frankfurt. The 10 largest German credit institutions have their headquarters or...
Concentration and short distances. The “Who’s Who” of the banking world is well-represented in the inner city “banking quarter” and the nearby Westend
Facts & figures
Credit institutions in Frankfurt
Banks headquartered in Frankfurt: 227
of which foreign institutions: 162
Representative offices: 40
Number of employees in the banking and insurance sector: 74,271
including insurance sector: 8,213
Banking business volume in Frankfurt 2009: Euro 2,573 billion
Number of Xetra transactions in 2009: 167 million (stock and spot markets)
Number of Eurex contracts 2009: 1.69 billion
Key players & organisations
Central, national and public banks:
The European Central Bank and the Deutsche Bundesbank (German FED) have their headquarters in Frankfurt as well as the Landesbank Hessen-Thüringen, the KfW Bankgroup and the DEKA Bankgroup. The Asian Development Bank and a number of national banks of other countries have branches in Frankfurt.
International banks:
The biggest banks in the world are represented in Frankfurt, including Bank of America, Citibank, JP Morgan Chase, Banco Santander and American Express. The headquarters of Deutsche Bank, Commerzbank, Helaba and DZ-Bank are located in Frankfurt. Germany’s ten biggest financial institutions have branches here.
Insurance companies:
Large domestic institutions in Frankfurt are R+V, Alte Leipziger and Allianz. The direct insurer DFV Deutsche Familienversicherung AG has its headquarters in Frankfurt. The US institutions represented in the city are American International Group (AIG), Standard Life Assurance Company, and Swiss institutions include Helvetia, DBV-Winterthur, Zürich Gruppe and Basler Securitas. One of the biggest Dutch insurance groups, Delta Lloyd Groep, has its headquarters in the Frankfurt region.
Investment fund companies:
DWS-Gruppe, DEKA-Gruppe, Union-Gruppe, Allianz Global Investors, Cominvest and other well-established companies operate in Frankfurt.
Hedge funds:
In this area, too, Frankfurt occupies a leading position: 13 out of the 17 domestic umbrella hedge funds (Deka Investment GmbH, DWS Investment GmbH, UBS Global Investment Management) are represented in the financial centre of Frankfurt.
 Olaf Atja Lemmingson | |
| Telefon: | +49 69 212-40840 |
| Telefax: | +49 69 21298-22 |
| E-Mail: | olaf.lemmingson@frankfurt-business.net |
| Task: | Head of International Business Communities, Clusters; Financial Markets; International Business Community Russia, France |