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Munich s mountains and tech tempt big banks from Frankfurt

Munich s mountains and tech tempt big banks from Frankfurt
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Munich s mountains and tech tempt big banks from Frankfurt

MUNICH (Reuters) -Munich is starting to steal some of German financial hub Frankfurt's limelight as foreign banks flock to the southern city, which on a clear day has views of the Bavarian Alps. The appeal lies in Munich's high proportion of DAX companies and tech start-ups, large insurers and financial investors, while the nearby mountains add to its allure. Firms such as Goldman Sachs and Morgan Stanley have been drawn by big German companies such as Siemens, Allianz and BMW being based around Munich, while their bankers also value the quality of life on offer.

Munich s mountains and tech tempt big banks from Frankfurt

Munich s mountains and tech tempt big banks from Frankfurt
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