Deutsche Bank Sees Frankfurt Clearly Ahead in the wake of Brexit.

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Deutsche Bank Sees Frankfurt Clearly Ahead in the wake of Brexit.

As was reported in the German Stock Market Journal ‘Börsenzeitung’ on 7th September 2017, John Cryan, Head of Deutsche Bank sees Frankfurt as the undoubted winner in the race for attracting London based financial businesses after Brexit. Although Amsterdam, Dublin or Paris may also benefit from Britain’s decision to leave the European Union, he would expect most of the work in the financial sector, which needs to be moved into the Eurozone, to end up in Frankfurt. He is convinced that the infrastructure of none of the mentioned cities compares with that of Frankfurt. For Deutsche Bank, Frankfurt will definitely be the center of all its business activities outside London. For him “the race is over”. His dedication to Frankfurt has never been as pronounced as in this most recent statement.

 

Bertrand Prell
Bertrand Prell
Bertrand H. Prell is a German practising lawyer admitted to the Frankfurt Bar as Rechtsanwalt in January 1988 as well as a qualified Solicitor (uncertificated) for England und Wales admitted in 1992. He is specialised in advising medium sized companies in Germany and abroad. In particular he advises companies in the following sectors: Advising infrastructure projects worldwide, particularly in emerging markets IT and telekommunication M&A transactions Aviation, air traffic control and cargo Commercial agents, distributors and joint ventures Publishing Commercial properties He advises companies regarding employment law, company and commercial law, publishing law, aviation la was well as all issues regarding cross-border transactions or disputes between German and Common Law countries. Furthermore, Mr. Prell has experience in International and National Arbitration, Mediation and Adjudication as well as advising companies tendering for EU-projects or under the investigation of the European Commission (OLAF). Business language is German and English. Herr Prell is a member of the Frankfurt Bar Association (Rechtsanwaltskammer Frankfurt as well of the German Institute of Arbitration(Deutschen Institut für Schiedsgerichtsbarkeit - DIS).