Welcome to Frankfurt We are ready to host the EBA

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1 Welcome to Frankfurt We are ready to host the EBA

2 A perfect fit for the EBA The Federal Republic of Germany is submitting a bid to make Frankfurt the next seat of the European Banking Authority. Frankfurt is the most important financial hub in continental Europe and a key centre of financial market stability. It features a unique concentration of European and national supervisory bodies, international banks, insurance companies and law firms that few other cities can provide. Located at the heart of Europe, Frankfurt offers easy access to all EU capitals, a cosmopolitan atmosphere and a high quality of life. Frankfurt looks forward to welcoming the EBA. PAGE 2 PAGE 3

View onto the city and the financial district The European Central Bank, Headquarters of European Systemic Risk Board The Westhafen

Plus point 1: Right next door to other European financial supervisors The financial hub of Frankfurt plays a key role as a centre of

Here, the EBA will benefit from having direct proximity to other European financial supervisors including the ECB, the ESRB, the SSM and

3 View onto the city and the financial district The European Central Bank, Headquarters of European Systemic Risk Board The Westhafen Tower, Headquarters of European Insurance and Occupational Pensions Authority What makes Frankfurt right for the EBA? Plus point 1: Right next door to other European financial supervisors The financial hub of Frankfurt plays a key role as a centre of financial market stability, for the euro area and beyond. Here, the EBA will benefit from having direct proximity to other European financial supervisors including the ECB, the ESRB, the SSM and EIOPA. This will boost the efficiency of day-to-day work and facilitate a rapid response if a crisis occurs. Germany s financial supervisors including BaFin, the FMSA and the Deutsche Bundesbank are also headquartered in Frankfurt. PAGE 4 PAGE 5

Plus point 2: The financial hub of Frankfurt offers an exceptional network Frankfurt features an outstanding network of businesses and institutions.

4 Plus point 2: The financial hub of Frankfurt offers an exceptional network Frankfurt features an outstanding network of businesses and institutions. 199 banks including 159 international banks are located here, together with the Frankfurt Stock Exchange and the Eurex derivatives exchange. The city is also home to renowned universities and research centres as well as international auditing firms, rating agencies, and law offices with financial expertise. Furthermore, the number of financial market participants who want to relocate to Frankfurt or expand their activities there is growing continuously. PAGE 6 PAGE 7

Excellent cycle paths The Holbeinsteg, connecting the inner city with the Museum embankment (Museumsufer) Rapid-transit railway Plus point 3: Easy

countries worldwide Central Railway Station, offering high-speed connections to several European capitals 18 hrs MADRID 9 hrs 3 hrs 1.

National, continental and global transport routes converge here.

Every week, Frankfurt Airport offers 3,000 direct flights within Europe, 250 to North America and 400 to Asia and the Middle East.

40 min.), Paris (3 hrs. 40 min.) and many other destinations.

5 Excellent cycle paths The Holbeinsteg, connecting the inner city with the Museum embankment (Museumsufer) Rapid-transit railway Plus point 3: Easy access to all EU member states, and a compact city centre Frankfurt Airport, served by 96 passenger airlines flying to 299 destinations in 97 countries worldwide Central Railway Station, offering high-speed connections to several European capitals 18 hrs MADRID 9 hrs 3 hrs 1.5 hrs LONDON PARIS STOCKHOLM BERLIN FRANKFURT ROME WARSAW BUDAPEST MOSCOW Frankfurt is situated at the geographic heart of Europe. National, continental and global transport routes converge here. Europe s most efficient international airport is just a 15-minute ride from the city centre, by car or train. Every week, Frankfurt Airport offers 3,000 direct flights within Europe, 250 to North America and 400 to Asia and the Middle East. Frankfurt s main train station offers daily high-speed train connections to Brussels (travel time 3 hrs. 10 min.), Amsterdam (4 hrs.), Berlin (3 hrs. 40 min.), Paris (3 hrs. 40 min.) and many other destinations. Getting around within the city is easy too: all major institutions can be reached in just minutes on foot or by bicycle, underground or car. Buses and city trains span a metropolitan region that encompasses a population of 5.5 million and that features both lively urban centres and rich cultural landscapes. Car-sharing and ride-sharing programmes round out an efficient, user-friendly transport system. PAGE 8 PAGE 9

/ Frankfurt School of Finance & Management Goethe University, Campus Westend Plus point 4: Outstanding access to highly

and Manage ment, the Center for Financial Studies and the International Center for Insurance Regu lation provide scientific

6 / Frankfurt School of Finance & Management Goethe University, Campus Westend Plus point 4: Outstanding access to highly skilled and educated talent Today, over 100,000 people in the Frankfurt / Rhine-Main region work in the financial services sector. First-rate research centres such as the House of Finance at the Goethe University Frankfurt, the Frankfurt School of Finance and Manage ment, the Center for Financial Studies and the International Center for Insurance Regu lation provide scientific expertise and offer top-notch education to highly qualified young talent. Within a 45-minute travel radius, over 26,000 students are currently working towards a degree in economics, and over 16,000 students are engaged in the study of law. PAGE 10 PAGE 11

The people who live in the region and the companies that operate here come from all over the world.

7 International kindergarten Lecture hall Plus point 5: The international life starts in early childhood The Frankfurt region s educational landscape offers a wide range of international options that span from kindergarten to university. The people who live in the region and the companies that operate here come from all over the world. offer international curricula: these include international schools, tuition-free bilingual state schools, bilingual private schools and European Schools. To meet their educational needs, over 30 schools PAGE 12 PAGE 13

Riverbank Skatepark at the ECB Historic district of Sachsenhausen 04

languages For centuries, Frankfurt has been one of Europe s leading cities

The city s residents hail from nearly 200 countries and enjoy a harmonious

More international corporations have their headquarters here than in any

8 Riverbank Skatepark at the ECB Historic district of Sachsenhausen 04 Museumsufer Festival Plus point 6: A high quality of life, in multiple languages For centuries, Frankfurt has been one of Europe s leading cities for international trade fairs and commerce. The city s residents hail from nearly 200 countries and enjoy a harmonious coexistence. More international corporations have their headquarters here than in any other German region. There is a broad spectrum of international communities, cultural institutions and sports clubs. Everyday communication can easily be conducted in English. 04 PAGE 14 PAGE 15

MMK Museum für Moderne Kunst Old Opera House Städel Museum Plus point 7: A wealth of culture The Frankfurt / Rhine-Main

Global stars from the world of classical music and jazz perform at Frankfurt s Alte Oper and at the Rheingau Music

Over 4,000 paintings from the Middle Ages to the present can be viewed at the Städel, one of Germany s most distinguished

9 MMK Museum für Moderne Kunst Old Opera House Städel Museum Plus point 7: A wealth of culture The Frankfurt / Rhine-Main region features an abundance of museums, theatres and concert halls that enjoy international renown. Global stars from the world of classical music and jazz perform at Frankfurt s Alte Oper and at the Rheingau Music Festival. Ensembles from 25 different countries stage high-quality Englishlanguage productions at the English Theatre. Over 4,000 paintings from the Middle Ages to the present can be viewed at the Städel, one of Germany s most distinguished museums. Two major modern art venues the Schirn Kunsthalle and the Museum für Moderne Kunst attract large numbers of visitors to Frankfurt. PAGE 16 PAGE 17

Messe Frankfurt, Congress centre Kap Europa Messe Frankfurt, Festhalle J.P.

place for the world Frankfurt plays host to over 40 trade fairs every year.

International Motor Show and the tradition-rich Frankfurt Book Fair.

events such as Ironman Frankfurt, the J.P.

10 Messe Frankfurt, Congress centre Kap Europa Messe Frankfurt, Festhalle J.P. Morgan Corporate Challenge 04 Messe Frankfurt, Forum Plus point 8: A meeting place for the world Frankfurt plays host to over 40 trade fairs every year. Fifteen of these are leaders in their respective industries, including the International Motor Show and the tradition-rich Frankfurt Book Fair. Frankfurt also serves as the venue for a variety of international sporting events such as Ironman Frankfurt, the J.P. Morgan Corporate Challenge (which attracted over 60,000 runners in 27), the Frankfurt Marathon, and the Festhallen Reitturnier horse show. 04 PAGE 18 PAGE 19

Dr. Wolfgang Schäuble, Federal Minister of Finance: I am firmly convinced that a key combination

international metropolis, plus some additional decisive advantages: short distances, affordable

Volker Bouffier, Minister-President of Hessen: The EBA s relocation to Frankfurt would fortify

11 Dr. Wolfgang Schäuble, Federal Minister of Finance: I am firmly convinced that a key combination of factors make Frankfurt the best option for the future head quarters of the European Banking Authority. Peter Feldmann, Mayor of Frankfurt: Frankfurt offers everything people expect from an international metropolis, plus some additional decisive advantages: short distances, affordable rents, and an attractive surrounding countryside. Volker Bouffier, Minister-President of Hessen: The EBA s relocation to Frankfurt would fortify the existing network of supervisory authorities in a single location. This added clout would enhance the EU s status as a force for financial market stability worldwide, thus benefiting all EU member states. PAGE 20 PAGE 21

Published by Bundesministerium der Finanzen Referat für Öffentlichkeitsarbeit Wilhelmstraße 97 117 Berlin July 27 Edited by Referat VII C 3 www.bundesfinanzministerium.de www.ready-to-host-eba.

12 Published by Bundesministerium der Finanzen Referat für Öffentlichkeitsarbeit Wilhelmstraße Berlin July 27 Edited by Referat VII C This brochure is published as part of the German federal government s public relations. It is distributed free of charge and is not intended for sale. The distribution of this brochure at campaign events or at information stands run by political parties is prohibited, and third-party information or advertising may not be inserted in, printed on or affixed to this publication. Photo credits Cover: Skyline Frankfurt im Sonnenuntergang pure-life-pictures Fotolia.com / Page 2 3: View on the financial district with Main river and park during the sunset in Frankfurt city, Germany rh20 Fotolia.com / Page 4 5: Frankfurt Skyline David Fotolia.com / Neubau der Europäischen Zentralbank in Frankfurt am Main helmutvogler Fotolia.com / Westhafen, Frankfurt pure-life-pictures Fotolia.com / Page 6 7: Business People Meeting Discussion Working Office Concept Rawpixel.com Fotolia.com / Page 8 9: Terminal 2 Fraport AG / Hauptbahnhof Frankfurt am Main schulzfoto Fotolia.com / Young man wearing business suit while riding an utility bicycle Kzenon Fotolia.com / Frankfurt am Main, Deutschland (Holbeinsteg) Schlierner Fotolia.com / S-Bahn Zug Matthias Buehner Fotolia.com / Page 10 11: Frankfurt School of Finance & Management, Campus Image / Uni Campus Westend Camilo Brau / Page 12 13: School Children Cheerful Variation Concept Rawpixel.com Fotolia.com / Teacher giving tests to students at lecture Syda Productions Fotolia.com /Page 14 15: Mainufer #visitfrankfurt, Foto: Holger Ullmann / Skater Camilo Brau / Alt-Sachsenhausen Camilo Brau / Museumsuferfest #visitfrankfurt, Foto: Holger Ullmann / Page 16 17: MMK Museum für Moderne Kunst: Zentrale Halle Norbert Miguletz / Alte Oper in Frankfurt eyetronic Fotolia.com / Nacht der Museen: Städel Museum Frank Rumpenhorst / Page 18 19: Kap Europa Messe Frankfurt Venue GmbH Jacquemin / Festhalle Messe Frankfurt GmbH / Forum Messe Frankfurt GmbH / J.P. Morgan Corporate Challenge Thomas Koch / Page 20 21: EZB Skyline Frankfurt Petrus Bodenstaff Fotolia.com / Page 22 23: Frankfurt Eiserner Steg city-pix Fotolia.com PAGE 22 PAGE 23

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