For the majority of bulge brackets, sector teams will largely remain in London, with only certain European banks, such as Deutsche Bank and Societe Generale, choosing Frankfurt as the hub for Healthcare, Chemicals and Real Estate sector teams
Base salaries are comparable to London, though total compensation packages, bar a few outliers, are allegedly lower, with the bonus component on average 20% - 30% less
Some platforms are discussing Frankfurt as a hub for CEE coverage in addition to the traditional DACH focus (Germany, Austria and Switzerland), servicing clients in Poland, Hungary and Romania
Brexit discussions have impacted real estate prices in Frankfurt, both for commercial and residential properties, with an increase of 10% - 15% year to date
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