Steven Arons and Alessandro Speciale, Frankfurt is lukewarm on Brexit.
https://www.bloomberg.com/news/a ... ankers-after-brexit
Quote:
"The city of 700,000 can be charitably described as sleepy, at least when compared with London, one of the most culturally diverse places on the planet, with a population of 8.8 million. Although few bankers will disparage Frankfurt publicly, off the record more than a dozen said they had little interest in moving to a place that has earned the epithet of 'Yawnfurt' in certain circles in the City of London. * * * For bankers, 'the spreadsheet might say yes to Frankfurt, but the heart definitely doesn't,' says John Purcell, an executive recruiter in London. 'For all the potential commercial advantages Frankfurt might offer, there are major cultural issues to overcome.'
"And where London’s high streets bustle every day and into the night, German law requires stores to close on Sundays, turning many of Frankfurt's main shopping areas into ghost towns.
"Frankfurt's medieval core, almost completely destroyed during World War II, was quickly rebuilt in the 1950s and ’60s, often in the austere style of the era, to create new housing and clear the way for cars. Outside the center, many stately 19th century mansions were razed to make room for nondescript office buildings.
Note:
(a) summary underneath the title in print: Some in the sleepy city are wary of the cash and glitz an influx of bankers might bring
(b) The print and online versions are identical (except that paragraph divisions are somewhat different).
(c) In print but not online is a chart:
"How They Measure Up
………………………..Monthly rent on a …….Annual commune time ….Tallest building, ...Michelin-starred
…………..Population ..3-bedroom apartment ...spent in traffic, in hours ….in feet ………….restaurants ………..Theaters
London ….8.8m ………$4,021 ………………..73.4 ……………………...1.004 …………...72 ………………...241
Frankfurt ...700k ……..$1,866 ………………....39.4 ……………………...850 …………….11 …………………24
* Boston population 2010 census 617,594; 2016 estimate 673,184: US Census Bureau
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