Frankfurt is continental Europe’s main financial hub

In addition to national (Federal Financial
Supervisory Authority – BaFin) and European financial regulators, the Deutsche
Bundesbank and the European Central Bank, all major global universal and
investment banks have a relatively strong presence in the city.

Also, Frankfurt is located close to the many internationally successful German
companies and consequently to a client base for global financial solutions. Just
days after the Brexit referendum, media reports stated that a Swiss bank
intended to bundle essential parts of its European wealth management
operations in Frankfurt.

This decision was possibly taken in the light of falling
British share prices directly after the referendum and therefore, does not reflect
Frankfurt’s structural advantages as a location. Alternative locations are said to
have been London and Luxembourg.