frankfurt

Deutsche Bank Moves $350 Billion to Frankfurt

Deutsche Bank Moves $350 Billion to Frankfurt

Deutsche Bank AG (NYSE: DB) plans to shift about $350 billion from the U.K. to Frankfurt as client trading and assets migrate there after Britain’s decision to leave the European Union. This project is called Bowline and calls for Frankfu..

Citigroup Chooses Frankfurt as New European Trading Hub

Citigroup Chooses Frankfurt as New European Trading Hub

Citigroup, Inc. (NYSE: C) announced that they have chosen Frankfurt as their newest trading hub in the European Union and hopes that the board of directors will approve with this decision. This expansion will create between 150 and 250 new role..