Global business location for finance and insurance
Ranked 9th in the world with the German Stock Exchange and 1st with Eurex, Hessen is home to the European Central Bank, the Deutsche Bundesbank, the KfW Banking Group, the European Insurance and Occupational Pensions Authority, the House of Finance, the Frankfurt School of Finance and Management, and Frankfurt am Main as the most important financial centre in the eurozone. The region’s financial sector offers outstanding perspectives.
The Frankfurt Metropolis has come to symbolise the most important financial centre on the European continent with its banking towers. The trading floors of the German Stock Exchange are located right at the heart of Frankfurt. The eurozone has been monitored by the Frankfurt-based European Central Bank since 1998, and the Deutsche Bundesbank has been based in the Main Metropolis for over 50 years, establishing the framework for the German economy.
Extensive network of financial services
Frankfurt has around 200 banks from 50 countries which, in turn, have attracted lots more economic actors from the financial sector: Insurance companies, investment firms, consultancy services, auditors, law firms and investment analysts all form part of an extensive network of financial services across the entire Rhine-Main region.
Promotion of skilled young talent
Hessen’s financial sector employs over 100,000 people, and more than half of them work in Frankfurt. The staff at universities and educational institutes like the House of Finance, the Johann Wolfgang Goethe University and the Frankfurt School of Finance and Management are committed to promoting the development of skilled young talent.
Frankfurt’s status as an insurance centre is reflected by the 20,000 people employed at over 350 insurance companies, the European Insurance and Occupational Pensions Authority and the Frankfurt International Arbitration Centre.
Examples of financial services and insurance companies:
- European Central Bank
- Deutsche Bank
- German Stock Exchange
- J.P. Morgan
- Helaba Landesbank Hessen-Thüringen
- Crédit Suisse
- DZ Bank
- Merrill Lynch
- KfW Banking Group
- Mizuho Bank
- Banco do Brasil
- Asia-Development Bank
- Société Générale
- Generali Deutschland
- R+V Versicherung