Deutsche Boerse touts Frankfurt-China financial link
FRANKFURT Jan 20 (Reuters) - Deutsche Boerse on Monday urged policymakers to work together to make Frankfurt a European centre for financial market activities in China.
Deutsche Boerse Chief Executive Reto Francioni said the activities of the Frankfurt exchange operator and the European Central Bank, as well as strong trade relations between Germany and China, created favourable conditions for Frankfurt's role.
"This will only succeed, however, if the important institutions, policymakers and the financial centre here all pull together as a team," Francioni said in the text of a speech at the bourse's new year reception event.
"This will also largely determine our work in 2014 and beyond," Francioni said.
Deutsche Boerse planned to increase its presence in Eastern Europe, the Middle East and North America, but Asia remained its main target region for growth, he said. (Reporting by Jonathan Gould; Editing by David Goodman)
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- Man arrested after jumping White House fence, causing lockdown
- Probe: Athletes took fake classes at University of North Carolina
- Attack on parliament, killing of soldier stun Canada's capital |
- A Minute With: Shailene Woodley on teen sex, violence and Marvel