{"id":41,"date":"2007-02-23T02:58:13","date_gmt":"2007-02-23T02:58:13","guid":{"rendered":"http:\/\/kranenburgesq.com\/blog\/2007\/02\/bankfurts-falling-behind\/"},"modified":"2007-02-23T02:58:13","modified_gmt":"2007-02-23T02:58:13","slug":"bankfurts-falling-behind","status":"publish","type":"post","link":"https:\/\/kranenburgesq.com\/blog\/2007\/02\/bankfurts-falling-behind\/","title":{"rendered":"Bankfurt’s falling behind"},"content":{"rendered":"

With all eyes on New York and London on the current topic of who’s the leader of the pack as the financial capital of the world, spare a thought for Frankfurt. The report Finanzplatz Frankfurt – Ein Standort bewegt sich<\/a> (in German<\/em>, or see this summary<\/a>), which it must be noted was published some time ago in June last year, was the recent subject of review in the Financial Times<\/a> and the Bahrain Tribune<\/a> – the latter, admittedly, not one of my daily reads – under such headlines as ‘Frankfurt suffering’.<\/p>\n

Frankfurt am Main, sometimes optimistically referred to as ‘Mainhattan’ or less often as ‘Bankfurt’, is compared with London and Paris in this report, which was co-authored by Landesbank Hessen-Th\u00c3\u00bcringen Girozentrale (or Helaba for short) and HA Hessen Agentur GmbH, the state’s economic development agency, among others. In its comparison it covers equity markets, business education, logistics and costs.<\/p>\n

The authors make several recommendations, including making existing legal frameworks more competitive internationally (report p.72, summary p.8) and conclude that:<\/p>\n

\n

[t]he British financial centre holds a position of uncontested pre-eminence in Europe. On the European continent, Frankfurt and Paris are competing for leadership. Frankfurt as a financial centre has good chances of capturing that leading position over the medium term and securing it over the long term.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

With all eyes on New York and London on the current topic of who’s the leader of the pack as the financial capital of the world, spare a thought for Frankfurt. The report Finanzplatz Frankfurt – Ein Standort bewegt sich (in German, or see this summary), which it must be noted was published some time […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-41","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/posts\/41","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/comments?post=41"}],"version-history":[{"count":0,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/posts\/41\/revisions"}],"wp:attachment":[{"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/media?parent=41"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/categories?post=41"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/tags?post=41"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}