Frankfurt

Frankfurt
Author:
Publisher:
Total Pages: 192
Release: 1988
Genre: Banks and banking
ISBN:

The Future of European Financial Centres

The Future of European Financial Centres
Author: Kirsten Bindemann
Publisher: Routledge
Total Pages: 212
Release: 2002-01-04
Genre: Business & Economics
ISBN: 1134629966

This volume examines the future of European financial centres in the context of economic and monetary union (EMU). Based on original empirical research, it investigates the relative competitiveness of European financial centres, with special reference to London and Frankfurt, in the context of the single currency debate. Issues covered include: * the evolution of financial centres * optimal design of an international financial centre * financial services regulation and EMU * the competitiveness of world financial centres

Foreign Banks Attraction to the Financial Centre Frankfurt an Inverted U -Shaped Relationship

Foreign Banks Attraction to the Financial Centre Frankfurt an Inverted U -Shaped Relationship
Author: Michael H. Grote
Publisher:
Total Pages:
Release: 2010
Genre:
ISBN:

This article traces the location of foreign banks in Germany from 1949 to 2006. As suggested by New Economic Geography models, we find an inverted U -shaped concentration of foreign banks in Germany. Only after a competition between several cities, Frankfurt has emerged as the pre-eminent financial centre, triggered by the historical event of setting up the German central bank in Frankfurt. After a strong increase, Frankfurt's share in the location of foreign banks in Germany decreases slowly but significantly since the mid-1980s. We conclude that there will be a lesser role in Europe for second-tier financial centres in the future.

International Financial Centres after the Global Financial Crisis and Brexit

International Financial Centres after the Global Financial Crisis and Brexit
Author: Youssef Cassis
Publisher: Oxford University Press
Total Pages: 267
Release: 2018-06-26
Genre: Business & Economics
ISBN: 0192549448

As well as marking the tenth anniversary of the collapse of Lehman Brothers and the consequent unleashing of the global financial crisis, 2018 is also the year of negotiations on the terms of the UK's exit from the European Union. Within a decade the banking world has witnessed two epochal events with potential to redraw the map of international financial centres: but how much has this map actually changed since 2008, and how is it likely to change in the near future? International Financial Centres after the Global Financial Crisis and Brexit gathers together leading economic historians, geographers, and other social scientists to focus on the post-2008 developments in key international financial centres. It focuses on the shifting hierarchies of New York, London, Paris, Geneva, Zurich, Frankfurt, Singapore, Hong Kong, Beijing, Shanghai, and Tokyo to question whether Asian financial centres have taken advantage of the crisis in the West. It also examines the medium-effects of the crisis, the level of regulation, and the rise of new technology (fintech). By exploring these crucial changes, it questions whether shifts in the financial industry and the global landscape will render these centres unnecessary for the functioning of the global economy, and which cities are likely to emerge as hubs of new financial technology.