FinancialCentreFutures:Frankfurt
Frankfurt - Quick Summary
GFCI11 describes Frankfurt as a Global Leader which is both broad and deep. It has a particular strength in the Government/Regulatory sub-indices, as well as strength in Banking and Insurance. Frankfurt performs well with North America and Asia/Pacific respondents, but poorly with those from Latin America or Offshore locations. Between GFCI1 and GFCI11, Frankfurt has closed the gap slightly to leaders London and New York, but has not shown the same level of improvement as some Asian centres (such as Shanghai), which have shown strong gains. In addition, other North American Centres - such as Boston and Toronto - have shown slightly stronger improvements in competitiveness, and have now overtaken Frankfurt in the ratings. Frankfurt has also lost ground to other non-London European centres like Geneva. It has suffered reputational damage from the Eurozone Crisis.