Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Märkte: Frankfurt stürzt im Ranking der Finanzplätze ab – das sind die Gründe

Die deutsche Finanzmetropole fällt im wichtigsten globalen Ranking aus den Top 20. Ein Grund: Bürokratie. Experten zeigen, wie der Standort an die Spitze zurückkehren kann.

Märkte: Frankfurt stürzt im Ranking der Finanzplätze ab – das sind die Gründe

Frankfurt, Germany's financial hub, has slipped out of the top 20 of the world's most important financial centers, ranking 29th in the Global Financial Center Index. The city has fallen 14 places, leaving it just behind London, Zurich, Geneva, Luxembourg, Lugano, Paris, Copenhagen, and Amsterdam in Western Europe. Within the European Union, Frankfurt holds the fifth position.

The decline is particularly notable for the loss of relevance to the German economy, with Hans-Peter Burghof, a professor of banking and finance at the University of Hohenheim, stating that a financial center is part of the economic infrastructure. As Frankfurt loses its significance, it becomes more difficult for German companies, especially smaller ones, to access large capital for international markets.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Finance & Markets

More from Monday 12 October →