European Banks Face Office Shortage in Frankfurt, Stymying Relocation Bids
Posted: Thu May 11, 2017 9:52 am
Heading into H2 2017, European lenders are now more than ever primed to chart a course out of the UK. However, banks are also finding that the European cities on the new destination shortlist (Dublin, Frankfurt, and Amsterdam) each present logistical difficulties, with Frankfurt suffering from a dearth of office space.
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Frankfurt has been emerging as one of the best destinations for banking talent from the UK, specifically London, which has been seeing job cuts and layoffs. The German city boasts the infrastructure and talent to satisfy many demands for incoming banks ... (read more)