'Turning the tide': Frankfurt attracts London banks

Hubertus Vaeth was considered crazy when he launched a Frankfurt initiative to lure banks there after Brexit.

Featured Image

(FILES) This file photo taken on February 18, 2019 shows the skyline of Frankfurt am Main. - Hubertus Vaeth was branded crazy when he first announced plans for the Frankfurt promotion initiative he is heading to campaign for banks to move their businesses to the German financial capital after Brexit. (Photo by Yann Schreiber / AFP)

2020-12-13 15:21:45

Hubertus Vaeth was considered crazy when he launched a Frankfurt initiative to lure banks there after Brexit.

"Are you nuts? What did you smoke?," his critics asked according to the managing director of Frankurt Main Finance (FMF) in an interview with AFP.

This article is in our Archive

Login to read for free! Register to create an account