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Zurich Zurich is the world's number one banking centre and is home to the headquarters of many of the world's leading financial, banking and insurance institutions.

The Zurich SWX Stock Exchange, established in 1877, is the fourth most prominent stock exchange in the world. Zurich is also an important gold trading centre.

Zurich's success as an economic area can be attributed to many factors. Foreign companies are attracted by very low tax rates, whilst individuals benefit from personalized tax agreements with the tax authorities and the notable absence of inheritance tax.

As a result of Swiss banking laws that enshrine confidentiality and security, Swiss Banks hold more of the world's offshore money that any other jurisdiction.

With more than 3 Trillion Swiss Francs is managed Swiss Banks, Zurich has become the world's primary centre for offshore banking.

Frankfurt Frankfurt is Germany's financial hub of Germany and is home to the European Central Bank - responsible for setting the monetary policy for the euro zone economy.

Frankfurt is also home to Europe's second largest stock exchange (after the LSE in London). The XETRA which belongs to the Deutsche Borse is the largest exchange in Germany with over 90 percent turnover in the German market.

Germany is particularly attractive to international companies and foreign investors. All of the world's 500 largest corporations have a presence in the region and (with a further 22,000 foreign companies) employ more than 2.7 million people. Foreign direct investments amounted to some US$503 billion in 2005.