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Banking business in Germany

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Now in its third edition, this publication provides a comprehensive overview of the legal and economic frameworks governing the banking sector in Germany, particularly highlighting the significance of the Rhine-Main economic region and Frankfurt as a leading international financial hub. Frankfurt hosts both the European Central Bank and the Bundesbank, and is set to become home to the world’s leading stock exchange organization following the merger of Deutsche Börse Group and NYSE Euronext. The city is a base for 215 credit institutions, with a notable proportion being foreign banks, underscoring its enduring appeal despite recent financial crises. The ongoing internationalization of banking and the interconnectedness of companies have highlighted systemic risks, prompting amendments to regulatory frameworks for financial supervision and consumer protection. The federal state of Hesse actively supports these legislative processes at both domestic and EU levels. Additionally, the Frankfurt School of Finance & Management and the House of Finance at Goethe University are addressing the growing demand for skilled professionals in the banking sector, fostering a unique public-private partnership focused on financial industry research. This collaborative environment aims to enhance the diversity of financial products available to customers.

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Banking business in Germany, Jens Rönnberg

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Erscheinungsdatum
2012
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