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A financial centre, or a financial hub, refers to a city with a strategic location, leading financial institutions, reputed stock exchanges, a dense concentration of public and private banks and trading and insurance companies. In addition, these hubs are equipped with first-class infrastructure, communications and commercial systems, and there is a transparent and sound legal and regulatory regime backed by a stable political system. Germany, in particular Frankfurt and Berlin are prime examples of such cities which provide favourable destinations for professionals because of the high living standards they offer along with immense growth opportunities, especially within the banking and financial services industry.

Frankfurt has been the financial centre of Germany since the second half of the 20th century as it was before the mid-19th century. Berlin held the position during the intervening period, focusing on lending to European countries. Frankfurt, Amsterdam, Dublin and Paris are all destinations where the majority of the financial services sectors will continue to host their European Hubs. The Eurekahedge European Hedge Fund Index (EHFI) took a dip in March last year. But, after a short space of time it managed to turn itself back around.

Wealth management is a form of investment management and financial planning that provides solutions to a wide array of clients ranging from affluent to high-net-worth and ultra-high-net-worth.

The leading force in financial services in Europe is Germany. Countries across the continent look towards Germany for advice, security and examples on how to ensure their economy remains in the black and out of the red. The country is determined, fair and reliable in its nature which allows for smart decisions to be made when it comes to recruiting for the financial services industry. Selby Jennings are the leading specialist recruitment firm for the financial services in Germany, they are helping to secure business-critical talent so that hiring managers can have peace of mind when it comes to their biggest challenge: talent.

Corporate and investment banking provides a platform for not only success but immense privilege and reward as the professionals in these roles are able to give individuals and companies the opportunity to develop and achieve financial security. Investing, depositing and saving money is only possible through the use of banks and their services and Selby Jennings are committed to helping these banks solve their biggest challenge: talent.

Professionals in the investment banking sector of Germany are in the privileged position of being able to support and direct individuals and corporations in achieving their financial goals. The necessity for banks in the global economy has created space for fruitful careers in investment banking throughout the years with 2020 being no exception. Banks are needed to allow people to deposit, invest and borrow money in and from, without them there would not be a safe avenue for the movement of money and economies would struggle. They are also hugely important for small and medium sized enterprises of which there are 2.45 million in Germany who in turn, employee over 18 million people . These enterprises are largely supported by the five biggest banks in Germany with assets of more than US$4.4tn (€4tn) in total These banks are: Commerzbank, KFW Bankgruppe, HypoVereinsbank (UniCredit Bank AG), Deutsche Bank and DZ Bank. Germany has a thriving economy and fantastic infrastructure to support professionals looking for immense career growth within the investment banking sector.

Banks are a vital important part of not only the German economy but every country around the world. For depositing, investing and borrowing money, banks are used daily for small scale transactions and large corporate investments. Germany is no exception to this rule with the largest five banks in the country having combined assets totalling more than $4.4tn. The demand for corporate and investment banking professionals’ hinges on these companies relying on the existence of banks to be successful.

Seen worldwide as the largest national economy in Europe and often hailed as ‘a gateway to Europe’, Germany’s economic infrastructure is one to be admired. Germany is not immune to the risks which come from radical innovation, competition and the change of regulations which have emerged in the recent months due to unforeseen situations such as the COVID-19 pandemic.

As the gateway to the EU and the largest financial services market in Europe, Germany is a key location for businesses and individuals across the financial services sector. Selby Jennings DE has been a consistent and exceptional recruitment partner to organisations and candidates in this industry for 15 years and has established a reputation that extends across Germany. The firm works in Berlin, as well as Frankfurt and Hamburg, Munich and Cologne, connecting talented people with the opportunities that could be crucial for career next steps and supporting banks, insurers, and asset managers in smart hiring decisions.

For more than 15 years Selby Jennings DE has been dedicated to investment banking recruitment in locations across Germany, including Berlin and Hamburg, Frankfurt, Munich and Cologne. The firm focuses on supporting talented people and the businesses within the sector with the vision and foresight to make bold, innovative moves. With Selby Jennings DE the recruitment process is in expert hands, even in the midst of a global pandemic. The firm has worked hard to partner with clients and candidates so that they can continue to grow throughout COVID-19, finding different ways to support the hiring process, from video interviews through to remote onboarding for new roles.