No other city in the world is home to two central banks at once – with the exception of Frankfurt am Main. Thanks to the European Central Bank (ECB) and the Deutsche Bundesbank, Frankfurt has a unique selling point in the global financial industry. Added to this are the EU regulatory authority for the insurance industry, EIOPA, and the SSM, the supervisory body for systemically important banks in the euro area.
All of the world's leading banks are represented in Frankfurt. Since Brexit, Frankfurt has seen the largest increase in the number of people employed by banks in the EU, as many foreign financial institutions have relocated their European headquarters here. With around 280 financial institutions, Frankfurt is the most important financial centre in continental Europe.
The bull and the bear also call Frankfurt am Main home. Deutsche Börse AG – the world's third largest stock exchange, operator of the Frankfurt Stock and Derivatives Exchange and one of the most modern electronic exchanges in the world – employs around 2,500 people at its headquarters in Frankfurt/Eschborn.
The new International Sustainability Standards Board (ISSB), the EUREX derivatives exchange as one of the global market leaders for derivatives trading and settlement, and the TechQuartier as an innovation centre for FinTech and other technology-based business models round off Frankfurt's profile as a premium location for the financial sector.