The global management consulting firm McKinsey joined FMF as a full member. DLA Piper, one of the world’s leading corporate law firms, the globally active rating agency Fitch Ratings and the association of “Sparda” banks are now on board as supporting members. In the Fintech Members segment, the Financial Centre Initiative is pleased to welcome one of the leading providers of ESG data worldwide ESG Book and Exaloan AG a leading technology provider for institutional investments in digital lending.
Through their involvement in the initiative, the representatives from politics, financial industry and the emerging FinTech sector express their close connection to the financial center. The members take up current topics in the financial sector and are committed to the steadily increasing national and international importance of the financial center Frankfurt am Main and the Rhine-Main region.
Gerhard Wiesheu, President of Frankfurt Main Finance: “We warmly welcome all our new members. The importance and attractiveness of Frankfurt as a financial centre and of FMF increases with every new member. The commitment of the members is an important sign of their attachment to the financial centre Frankfurt. The positive commitment of each individual member as well as of the Financial Centre Initiative is strengthened by the increasing network effects of our community. We look forward to future cooperation and an intensive personal exchange with all stakeholders.”
Max Floetotto McKinsey: “German banks are essential for the success of our economy, but today’s market environment demands more from them. To be able to shape their game with full strength and meet new expectations in today’s competitive marketplace, banks need a radical push for renewal. 7-8% after-tax return on equity is ambitious but achievable by 2030, given the returns of banks in other markets and those of some of the top German players. Performance at this level ultimately would transmit a positive signal to top talent, attract new investors, and help the banking sector improve its league table position internationally as well. Germany’s banks need a winning game plan and a strong financial center. I look forward to contributing to this in the Frankfurt Main Finance Initiative.”
Dr Wolfram Distler, Head of the German Finance, Projects & Restructuring Practice at DLA Piper: “The city of Frankfurt as a financial center is of exceptional importance for DLA Piper as one of the world’s leading law firms. We are looking forward to engage in a dynamic exchange with the other members as part of the Frankfurt Main Finance initiative in the future. It is also our ambition to contribute to the further strengthening of Frankfurt as a financial center and to promote Frankfurt as financial center in the legal market.”
Florian Rentsch, Chairman of the board of Directors of the Association of Sparda-Banks e.V.: Frankfurt is the German financial centre with its own philosophy, incredible attractive. For us, Frankfurt Main Finance has the task of bringing together the national and international community, representing it to the outside world. This is a huge opportunity for the financial sector and for the German economy. Together we can exploit its full potential.“
Matthias Huebner, Head of Germany and Global Head of ESG Book Solutions at ESG Book: “Sustainability is reshaping financial markets on a global scale and is the force that will also transform Frankfurt as a financial centre. As the global leader in ESG data, we see ourselves as an integral part of our local financial community and strongly support Frankfurt’s effort to become the city of sustainable finance.
Aude Hennino, Chief Financial Officer of Exaloan: “Exaloan was founded in Frankfurt as the city has great assets to offer to a fintech company, including numerous universities, a highly educated workforce, excellent travel connectivity, proximity to clients as well as a strong digital and financial infrastructure. Besides, the Rhein-Main region is very dynamic and offers an excellent quality of life.”