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Munich's mountains and tech tempt big banks from Frankfurt devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
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. ....
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