Munich: a briefing on a major financial center

Bavaria and especially its major hub, greater Munich is one of Europe’s leading financial centers. This top ranking is due
to Munich’s across-the-board strength. Thanks to the breadth of their portfolios of cutting-edge offerings and the excellence of their services, its companies are leaders in the banking, insurance, asset management, venture capital, leasing and factoring segments.

Headquartered in Munich (Allianz, Munich Re, HypoVereinsbank and BayernLB), Nuremberg (the Nuremberg insurance group) and elsewhere in Bavaria (HUKCoburg), these companies comprise a sector that is one of the engines sustaining Bavaria’s growth. Many of these companies joined with the state’s financial organizations and institutions in setting up the Munich Financial centre Initiative (fpmi).

This initiative’s brief is to serve as the international-level advocate of the state’s financial sector and its positions.
The initiative’s job is also to acquaint the world with the Munich financial community’s strengths:

Insurers

insurance

Home to some 60 insurance companies, greater Munich is one of the world’s leading centers of insurance.
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Asset Management

Asset Management

In 1949, the Munich-based ADIG launched Germany’s first asset management company.
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PE/VC & Leasing

PE/VC & Leasing

Bavaria has Germany’s largest venture capital and private equity community. It is comprised of the more than 40 VC and PE suppliers headquartered in Munich ...
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Research & Education

Research & Education

The Bavarian state government, local authorities and many other institutions work together to foster a business-friendly climate.
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Surveys

Surveys

This is also the place to find studies on issues that insurers and other members of the financial industry are facing.
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Banks

Banks

Bavaria plays a major role in the German banking industry. Munich is the second most important city for banking in the country.
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Stock Exchange

Stock Exchange

As a major stock exchange centre, Munich provides trend-setting market-making models and security-assuring technologies for trading financial products.
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Institutions

Institutions

It took a very few decades for Bavaria’s economy to transform itself from an agrarian backwater into one of the world’s great suppliers of ...
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business region

business region

Many rankings are compiled of Germany’s cities and states. Each employs a proprietary methodology. All these rankings have one thing in common ...
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