65-690: The Darmstädter und Nationalbank , in shorthand Danat-Bank or Danatbank , was a large German joint-stock bank. It was formed in 1922 from the merger of the Bank für Handel und Industrie (Darmstadt), known as Darmstädter Bank , and the Nationalbank für Deutschland . Its failure in July 1931 was a significant episode of the European banking crisis of 1931 . In 1920/1921, the Darmstädter Bank für Handel und Industrie and
130-534: A Reichsstadt ( Imperial Free City ), i.e., directly subordinate to the Holy Roman Emperor and not to a regional ruler or a local nobleman. In 1585, Frankfurt traders established a system of exchange rates for the various currencies that were circulating to prevent cheating and extortion. Therein lay the early roots for the Frankfurt Stock Exchange. Frankfurt managed to remain neutral during
195-583: A city state , the Free City of Frankfurt , for nearly five centuries, and was one of the most important cities of the Holy Roman Empire , as a site of Imperial coronations ; it lost its sovereignty upon the collapse of the empire in 1806, regained it in 1815 and then lost it again in 1866, when it was annexed (though neutral) by the Kingdom of Prussia . It has been part of the state of Hesse since 1945. Frankfurt
260-576: A Frankish king named Zuna, who ruled over the province then known as Sicambri . He hoped thereby to perpetuate the name of his lineage. This is chronologically incompatible, however, with the archaeologically demonstrated Roman occupation of the area around Nida fortress in modern Heddernheim . The name is derived from the Franconofurd of the Germanic tribe of the Franks ; Furt ( cf. English ford ) where
325-623: A camp for Sinti and Romani people (see Romani Holocaust ), the Dulag Luft West transit camp for Allied prisoners of war, and a subcamp of the Natzweiler-Struthof concentration camp . Frankfurt was severely bombed in World War II (1939–1945). About 5,500 residents were killed during the raids, and the once-famous medieval city center , by that time one of the largest in Germany,
390-648: A city divided into four sectors , could no longer rival it. In 1948, the Allies founded the Bank deutscher Länder , the forerunner of Deutsche Bundesbank . Following this decision, more financial institutions were re-established, e.g. Deutsche Bank and Dresdner Bank . In the 1950s, Frankfurt Stock Exchange regained its position as the country's leading stock exchange. Frankfurt also reemerged as Germany's transportation hub and Frankfurt Airport became Europe's second-busiest airport behind London Heathrow Airport in 1961. During
455-515: A continuous conurbation with Offenbach am Main ; its urban area has a population of over 2.7 million. The city is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.8 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr region and the fourth biggest metropolitan region by GDP in the European Union . Frankfurt is home to
520-458: A district committee and chairperson. The largest city district by population and area is Sachsenhausen , while the smallest is Altstadt , Frankfurt's historical center. Three larger city districts (Sachsenhausen, Westend and Nordend ) are divided for administrative purposes into a northern ( -Nord ) and a southern ( -Süd ) part, respectively a western ( -West ) and an eastern ( -Ost ) part, but are generally considered as one city district (which
585-538: A free city, becoming the seat of its Bundestag , the confederal parliament where the nominally presiding Habsburg Emperor of Austria was represented by an Austrian "presidential envoy". After the ill-fated revolution of 1848 , Frankfurt was the seat of the first democratically elected German parliament, the Frankfurt Parliament , which met in the Frankfurter Paulskirche (St. Paul's Church) and
650-850: A loss of confidence in the German banking system, and let loose a wave of withdrawals from all other banks beginning the German Banking Crisis. In reaction, the government announced a Bank Holiday starting on 13 July, imposed further capital controls and forced the merger of Danatbank with Dresdner Bank . Well-known bankers of the Danatbank and its predecessors are (in alphabetical order): 49°52′26″N 8°38′31″E / 49.8739°N 8.6419°E / 49.8739; 8.6419 Darmst%C3%A4dter Bank The Bank für Handel und Industrie in Darmstadt , often referred to as Darmstädter Bank ,
715-563: A newly established primogeniture in Italy), Grand Duke of Frankfurt after Dalberg's death (since the latter as a Catholic bishop had no legitimate heirs). The Grand Duchy remained a short episode lasting from 1810 to 1813 when the military tide turned in favor of the Anglo-Prussian-led allies that overturned the Napoleonic order. Dalberg abdicated in favor of Eugène de Beauharnais, which of course
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#1732869798597780-548: A part of early Franconia , the inhabitants were the early Franks , thus the city's name reveals its legacy as "the ford of the Franks on the Main". Among English speakers, the city is commonly known simply as Frankfurt, but Germans occasionally call it by its full name to distinguish it from the other (significantly smaller) German city of Frankfurt an der Oder in the Land of Brandenburg on
845-541: A population of 5.5 million. Other important cities in the region are Wiesbaden (capital of Hesse ), Mainz (capital of Rhineland-Palatinate ), Darmstadt , Offenbach am Main , Hanau , Aschaffenburg , Bad Homburg vor der Höhe , Rüsselsheim , Wetzlar and Marburg . The city is divided into 46 city districts ( Stadtteile ), which are in turn divided into 121 city boroughs ( Stadtbezirke ) and 448 electoral districts ( Wahlbezirke ). The 46 city districts combine into 16 area districts ( Ortsbezirke ), which each have
910-541: A simplified manner (e.g., Römer , St. Paul's Church , and Goethe House ). The collection of historically significant Cairo Genizah documents of the Municipal Library was destroyed by the bombing. According to Arabist and Genizah scholar S.D. Goitein , "not even handlists indicating its contents have survived." The end of the war marked Frankfurt's comeback as Germany's leading financial hub, mainly because Berlin, now
975-758: Is "FRA", the IATA code for Frankfurt Airport. Roman Empire , pre 475 Francia , ca. 475–843 East Francia , 843–962 [REDACTED] Holy Roman Empire , 962–1806 [REDACTED] Free City of Frankfurt , 1372–1806 [REDACTED] Grand Duchy of Frankfurt , 1806–1813 [REDACTED] Free City of Frankfurt , 1813–1866 [REDACTED] Kingdom of Prussia , 1866–1871 [REDACTED] German Empire , 1871–1918 [REDACTED] Weimar Republic , 1918–1933 [REDACTED] German Reich , 1933–1945 [REDACTED] American occupation zone , 1945–1949 [REDACTED] West Germany , 1949–1990 [REDACTED] Germany , 1990–present At
1040-625: Is 248.31 km (95.87 sq mi) and extends over 23.4 km (14.54 mi) east to west and 23.3 km (14.48 mi) north to south. Its downtown is north of the river Main in Altstadt district (the historical center) and the surrounding Innenstadt district. The geographical center is in Bockenheim district near Frankfurt West station . Frankfurt at the heart of the densely populated Frankfurt Rhine-Main Metropolitan Region with
1105-453: Is also not an administrative city district (it covers parts of the western Innenstadt district, the southern Westend district and the eastern Bahnhofsviertel district). Many city districts are incorporated suburbs ( Vororte ) or were previously independent cities, such as Höchst . Some like Nordend and Westend arose during the rapid growth of the city in the Gründerzeit following
1170-401: Is culturally, ethnically and religiously diverse, with half of its population, and a majority of its young people, having a migrant background . A quarter of the population consists of foreign nationals, including many expatriates . In 2015, Frankfurt was home to 1,909 ultra high-net-worth individuals , the sixth-highest number of any city. As of 2023, Frankfurt is the 13th-wealthiest city in
1235-830: Is home to influential educational institutions, including the Goethe University with the Universitätsklinikum Frankfurt ( de ) (Hesse's largest hospital), the FUAS , the FUMPA , and graduate schools like the FSFM . The city is one of two seats of the German National Library (alongside Leipzig ), the largest library in the German-speaking countries and one of the largest in the world. Its renowned cultural venues include
1300-547: Is one of the world's busiest international airports by passenger traffic and the main hub for Germany's flag carrier Lufthansa . Frankfurt Central Station is one of the largest rail stations in Europe and the busiest junction operated by Deutsche Bahn , the German national railway company, with 342 trains a day to domestic and European destinations. Frankfurter Kreuz , also known as the Autobahn interchange and located close to
1365-488: Is one of the few cities in the European Union (EU) to have such a skyline, which is why Germans sometimes refer to Frankfurt as Mainhattan , combining the local river Main and " Manhattan ". The other well-known nickname is Bankfurt . Before World War II , the city was noted for its unique old town , the largest timber-framed old town in Europe. The Römer area was later rebuilt and is popular with visitors and for events such as Frankfurt Christmas Market . Other parts of
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#17328697985971430-435: Is why often only 43 city districts are mentioned, even on the city's official website). Some larger housing areas are often falsely called city districts, even by locals, like Nordweststadt (part of Niederursel , Heddernheim and Praunheim ), Goldstein (part of Schwanheim ), Riedberg (part of Kalbach-Riedberg ) and Europaviertel (part of Gallus ). The Bankenviertel ( banking district ), Frankfurt's financial district,
1495-684: The European Central Bank , one of the institutional seats of the European Union, while Frankfurt's central business district lies about 90 km (56 mi) northwest of the geographic center of the EU at Gadheim in Lower Franconia . Like France and Franconia , the city is named after the Franks . Frankfurt is the largest city in the Rhenish Franconian dialect area. Frankfurt was
1560-579: The European Insurance and Occupational Pensions Authority and European Systemic Risk Board in 2011. Frankfurt is the largest city in the state of Hesse in the western part of Germany. Frankfurt is located on both sides of the river Main , south-east of the Taunus mountain range. The southern part of the city contains the Frankfurt City Forest , Germany's largest city forest. The city area
1625-552: The European banking crisis of 1931 , however, Danat-Bank suffered a run which started around 17 June due to rumours of the insolvency of the Norddeutsche Wollkämmerei & Kammgarnspinnerei (North German Wool and Worsted Yarn Spinning Works), finally going bankrupt on 13 July 1931. It was thus one of the most prominent victims of deflation in Germany during the Great Depression . The collapse of Danatbank triggered
1690-459: The Free City of Frankfurt . The Prussian administration incorporated Frankfurt into its province of Hesse-Nassau . The Prussian occupation and annexation were perceived as a great injustice in Frankfurt, which retained its distinct western European, urban and cosmopolitan character. The formerly independent towns of Bornheim and Bockenheim were incorporated in 1890. In 1914, the citizens founded
1755-656: The Nationalbank für Deutschland formed the bank union Darmstädter-Nationalbank Berlin . Both banks assumed a joint guarantee of capital and reserves of over 1 billion marks. The merger was fully completed in 1922, resulting in one of the largest commercial banks in Germany. By 1930, Danat-Bank had become Germany's second-largest joint-stock bank, with total deposits of 2.4 billion Reichsmarks ahead of Dresdner Bank (2.3 billion), Commerz- und Privatbank (1.5 billion), Reichs-Kredit-Gesellschaft (619 million), and Berliner Handels-Gesellschaft (412 million), and only behind Deutsche Bank & Disconto-Gesellschaft (4.8 billion). In
1820-517: The Thirty Years' War , but suffered from the bubonic plague that refugees brought to the city. After the war, Frankfurt regained its wealth. In the late 1770s the theater principal Abel Seyler was based in Frankfurt, and established the city's theatrical life. Following the French Revolution , Frankfurt was occupied or bombarded several times by French troops. It remained a Free city until
1885-540: The Unification of Germany , while others were formed from territory which previously belonged to other city district(s), such as Dornbusch and Riederwald . Until the year 1877 the city's territory consisted of the present-day inner-city districts of Altstadt , Innenstadt , Bahnhofsviertel , Gutleutviertel , Gallus , Westend , Nordend , Ostend and Sachsenhausen . Bornheim was part of an administrative district called Landkreis Frankfurt , before becoming part of
1950-811: The Wallanlagen , Volkspark Niddatal , Grüneburgpark , the City Forest , two major botanical gardens (the Palmengarten and the Botanical Garden Frankfurt ) and the Frankfurt Zoo . Frankfurt is the seat of the German Football Association (Deutscher Fußball-Bund – DFB) , is home to the first division association football club Eintracht Frankfurt , the Löwen Frankfurt ice hockey team, and
2015-401: The 1970s, the city created one of Europe's most efficient underground transportation systems. That system includes a suburban rail system ( S-Bahn ) linking outlying communities with the city center, and a deep underground light rail system with smaller coaches ( U-Bahn ) also capable of travelling above ground on rails. In 1998, the European Central Bank was founded in Frankfurt, followed by
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2080-421: The Allies' wartime bombardment. Frankfurt was the original choice for the provisional capital city of the newly founded state of West Germany in 1949. The city constructed a parliament building that was never used for its intended purpose (it housed the radio studios of Hessischer Rundfunk ). In the end, Konrad Adenauer , the first postwar Chancellor , preferred the town of Bonn , for the most part because it
2145-568: The Apostle and now Frankfurt Cathedral . Frankfurt was one of the most important cities in the Holy Roman Empire . From 855, the German kings were elected and crowned in Aachen . From 1562, the kings and emperors were crowned and elected in Frankfurt, initiated for Maximilian II . This tradition ended in 1792, when Francis II was elected. His coronation was deliberately held on Bastille Day , 14 July,
2210-635: The Darmstädter Bank was the fourth-largest German joint-stock bank by total deposits, with a total of 109 million Marks, behind Deutsche Bank (489 million), Dresdner Bank (225 million), and Disconto-Gesellschaft (219 million). In 1913, it took over the Breslauer Disconto-Bank based in Breslau . Between 1918 and 1921, it opened many more branches across Germany, and acquired majority ownership of Vienna -based Mercurbank , before merging with
2275-466: The Frankfurt spelling for Frankfurt am Main on 24 October 1953 and last used the Frankfort spelling on 10 June 1954. The suffix am Main has been used regularly since the 14th century. In English, the city's full name of Frankfurt am Main means "Frankfurt on the Main" (pronounced like English mine or German mein ). Frankfurt is located on an ancient ford (German: Furt ) on the river Main . As
2340-541: The Nationalbank für Deutschland in 1922. Frankfurt Frankfurt am Main ( / ˈ f r æ ŋ k f ər t / ; German: [ˈfʁaŋkfʊʁt ʔam ˈmaɪn] ; lit. " Frank ford on the Main ") is the most populous city in the German state of Hesse . Its 773,068 inhabitants as of 2022 make it the fifth-most populous city in Germany . Located in the foreland of the Taunus on its namesake Main , it forms
2405-653: The Netherlands, and partnered with Anglo-Austrian Bank and Wiener Bankverein to create the Austro-Ottomanische Bank , a joint-stock bank in Constantinople ; but that venture soon faltered and was acquired by the Imperial Ottoman Bank in 1874. In 1873, the bank moved its headquarters to Berlin, having opened a branch there in 1871, but remained colloquially referred to as the Darmstädter Bank. It
2470-464: The Polish border. The city district Bonames has a name probably dating back to Roman times, thought to be derived from bona me(n)sa (good table). The common abbreviations for the city, primarily used in railway services and on road signs, are Frankfurt (Main) , Frankfurt (M) , Frankfurt a. M. , Frankfurt/Main or Frankfurt/M . The common abbreviation for the name of the city is "FFM". Also in use
2535-566: The University of Frankfurt, later named Goethe University Frankfurt . This marked the only civic foundation of a university in Germany; today it is one of Germany's largest. From 6 April to 17 May 1920, following military intervention to put down the Ruhr uprising , Frankfurt was occupied by French troops . The French claimed that Articles 42 to 44 of the peace treaty of Versailles concerning
2600-479: The airport, is the most-heavily used interchange in the EU, used by 320,000 cars daily. In 2011 human-resource-consulting firm Mercer ranked Frankfurt as seventh in its annual 'Quality of Living' survey of cities around the world. According to The Economist cost-of-living survey, Frankfurt is Germany's most expensive city and the world's tenth most expensive. Frankfurt has many downtown high-rise buildings that form its renowned Frankfurt skyline . In fact, it
2665-779: The anniversary of the storming of the Bastille . The elections and coronations took place in St. Bartholomäus Cathedral , known as the Kaiserdom (Emperor's Cathedral), or its predecessors. The Frankfurter Messe ('Frankfurt Trade Fair') was first mentioned in 1150. In 1240, Emperor Frederick II granted an imperial privilege to its visitors, meaning they would be protected by the empire. The fair became particularly important when similar fairs in French Beaucaire lost attraction around 1380. Book trade fairs began in 1478. In 1372, Frankfurt became
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2730-576: The basketball club Frankfurt Skyliners , and is the venue of the Frankfurt Marathon and the Ironman Germany . Frankfurt is the largest financial hub in continental Europe . It is home to the European Central Bank , Deutsche Bundesbank , Frankfurt Stock Exchange and several large commercial banks. The Frankfurt Stock Exchange is one of the world's largest stock exchanges by market capitalization and accounts for more than 90 percent of
2795-430: The city on 1 January 1877, followed by Bockenheim on 1 April 1895. Seckbach , Niederrad and Oberrad followed on 1 July 1900. The Landkreis Frankfurt was finally dispersed on 1 April 1910, and therefore Berkersheim , Bonames , Eckenheim , Eschersheim , Ginnheim , Hausen , Heddernheim , Niederursel , Praunheim , Preungesheim and Rödelheim joined the city. In the same year a new city district, Riederwald ,
2860-683: The collapse of the Holy Roman Empire in 1805/6. In 1806, it became part of the principality of Aschaffenburg under the Fürstprimas ( Prince-Primate ), Karl Theodor Anton Maria von Dalberg . This meant that Frankfurt was incorporated into the Confederation of the Rhine . In 1810, Dalberg adopted the title of a Grand Duke of Frankfurt . Napoleon intended to make his adopted son Eugène de Beauharnais , already Prince de Venise (" prince of Venice ",
2925-865: The concert hall Alte Oper , continental Europe's largest English theater and many museums, 26 of which line up along the Museum Embankment , including the Städel , the Liebieghaus , the German Film Museum ( de ), the Senckenberg Natural Museum , the Goethe House and the Schirn art venue. Frankfurt's skyline is shaped by some of Europe's tallest skyscrapers, which has led to the term Mainhattan . The city has many notable green areas and parks, including
2990-435: The critical involvement of Deichmann, Mevissen and Wendelstadt. The bank soon opened an agency in Frankfurt in 1854 (transformed into a branch in 1864), and branches and affiliates in Berlin , Breslau , Heilbronn , Leipzig , Mainz , and Mannheim as well as New York City in the 1850s and in Hamburg , Stuttgart and Vienna in the 1860s. In 1871, the Darmstädter Bank led the creation of Amsterdamsche Bank in
3055-444: The demilitarization of the Rhineland had been broken. In 1924, Ludwig Landmann became the first Jewish mayor of the city, and led a significant expansion during the following years. During the Nazi era , the synagogues of the city were destroyed and the vast majority of the Jewish population fled or was killed. During World War II , Frankfurt was the location of a Nazi prison for underage girls with several forced labour camps,
3120-434: The economic base. Frankfurt's DE-CIX is the world's largest internet exchange point . Messe Frankfurt is one of the world's largest trade fairs . Major fairs include the Music Fair and the Frankfurt Book Fair , the world's largest book fair. With 108 consulates, among which the largest is the US Consulate General , Frankfurt is second to New York City among non-capital cities in regards to consulate seats. Frankfurt
3185-442: The end of the war, Frankfurt became a part of the newly founded state of Hesse, consisting of the old Hesse-(Darmstadt) and the Prussian Hesse provinces. The city was part of the American Zone of Occupation of Germany. The Military Governor for the United States Zone (1945–1949) and the United States High Commissioner for Germany (HICOG) (1949–1952) had their headquarters in the IG Farben Building , intentionally left undamaged by
3250-446: The new venture. The Darmstädter Bank received its banking concession on 2 April 2 April 1853, and started operations shortly afterwards. It was thus the second universal bank in Germany founded as a joint-stock company ( Aktiengesellschaft ), after the A. Schaaffhausen'scher Bankverein in 1848. (The Disconto-Gesellschaft had been established in Berlin in 1851, but only became a joint-stock company in 1856.) The choice of Darmstadt
3315-440: The old town were reconstructed as part of the Dom-Römer Project from 2012 to 2018. Frankonovurd (in Old High German ) or Vadum Francorum (in Latin ) were the first names mentioned in written records from 794. It transformed to Frankenfort during the Middle Ages and then to Franckfort and Franckfurth in the modern era . According to historian David Gans , the city was named c. 146 AD by its builder,
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#17328697985973380-452: The river was shallow enough to be crossed on foot. By the 19th century, the name Frankfurt had been established as the official spelling. The older English spelling of Frankfort is now rarely seen in reference to Frankfurt am Main, although more than a dozen other towns and cities, mainly in the United States, use this spelling, including Frankfort, Kentucky , Frankfort, New York , and Frankfort, Illinois . The New York Times first used
3445-430: The turnover in the German market. In 2010, 63 national and 152 international banks had their registered offices in Frankfurt, including Germany's major banks, notably Deutsche Bank , DZ Bank , KfW , Deka Bank and Commerzbank , as well as 41 representative offices of international banks. Frankfurt is considered a global city (alpha world city) as listed by the GaWC group's 2012 inventory. Among global cities it
3510-446: The western borders of Frankfurt lies the Kapellenberg as part of the Taunus with one of the first Stone Age cities in Europe. The Celts had different settlements in the Taunus mountains north of Frankfurt, the biggest one the Heidetrank Oppidum . The first traces of Roman settlements established in the area of the river Nidda date to the reign of Emperor Vespasian in the years 69 to 79 AD. Nida (modern Heddernheim , Praunheim )
3575-416: The world and the second-wealthiest city in Europe (after London ). Frankfurt is a global hub for commerce, culture, education, tourism and transportation, and is the site of many global and European corporate headquarters. Due to its central location in the former West Germany , Frankfurt Airport became the busiest in Germany , one of the busiest in the world, the airport with the most direct routes in
3640-701: The world, and the primary hub for Lufthansa , the national airline of Germany and Europe's largest airline. Frankfurt Central Station is Germany's second-busiest railway station after Hamburg Hbf , and Frankfurter Kreuz is the most-heavily used interchange in the EU. Frankfurt is one of the major financial centers of the European continent, with the headquarters of the European Central Bank , Deutsche Bundesbank , Frankfurt Stock Exchange , Deutsche Bank , DZ Bank , KfW , Commerzbank , DekaBank , Helaba , several cloud and fintech startups , and other institutes. Automotive, technology and research, services, consulting, media and creative industries complement
3705-447: Was a Roman civitas capital ( Civitas Taunensium ). Alemanni and Franks lived there , and by 794, Charlemagne presided over an imperial assembly and church synod, at which Franconofurd (alternative spellings end with -furt and -vurd) was first mentioned. It was one of the two capitals of Charlemagne's grandson Louis the German , together with Regensburg . Louis founded the collegiate church , rededicated in 1239 to Bartholomew
3770-516: Was a significant joint-stock bank in Germany , active from 1853 until its merger with Nationalbank für Deutschland to form Danat-Bank in 1922. The Bank für Handel und Industrie was founded by Cologne bankers Wilhelm Ludwig Deichmann , Gustav Mevissen , Abraham Oppenheim and Victor Wendelstadt. It was established with a capital of 25 million guilders and modelled after the French bank Crédit Mobilier , in whose creation in 1852 Oppenheim had been involved and from which it secured backing for
3835-509: Was almost completely destroyed. It became a ground battlefield on 26 March 1945, when the Allied advance into Germany was forced to take the city in contested urban combat that included a river assault. The 5th Infantry Division and the 6th Armored Division of the United States Army captured Frankfurt after several days of intense fighting, and it was declared largely secure on 29 March 1945. Frankfurt consists to over 40% of buildings from before World War II, besides all destruction. After
3900-517: Was close to his hometown, but also because many other prominent politicians opposed the choice of Frankfurt out of concern that Frankfurt would be accepted as the permanent capital, thereby weakening the West German population's support for a reunification with East Germany and the eventual return of the capital to Berlin . Postwar reconstruction took place in a sometimes simple modern style, thus changing Frankfurt's architectural face. A few landmark buildings were reconstructed historically, albeit in
3965-414: Was motivated by regulatory arbitrage , since no concession for a joint-stock bank could be obtained in either the Free City of Frankfurt or the Kingdom of Prussia , while the Grand Duchy of Hesse allowed for easier arrangements. Despite the inspiration from Crédit Mobilier, the model for the new bank's statutory documents was the A. Schaaffhausen'scher Bankverein , restructured five years earlier with
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#17328697985974030-585: Was one of the four so-called "D-Banks" that dominated German commercial banking at the time (all of which had names starting with a D), together with Deutsche Bank , Dresdner Bank , and Disconto-Gesellschaft . In 1889, it participated in the creation of the Deutsch-Asiatische Bank in Shanghai , and in 1898, in that of the Banque Internationale de Bruxelles . Around 1900 it became a shareholder of Belgium-based Crédit Anversois . Further German branches were opened in Stettin (1900), Hanover (1901), Düsseldorf , Munich , and Nuremberg (1910). By end-1908,
4095-414: Was only a symbolic action, as the latter effectively never ruled after the ruin of the French armies and Frankfurt's takeover by the allies. After Napoleon's final defeat and abdication, the Congress of Vienna (1814–1815) dissolved the grand-duchy and Frankfurt became a fully sovereign city-state with a republican form of government. Frankfurt entered the newly founded German Confederation (till 1866) as
4160-435: Was opened on 18 May 1848. In the year of its existence, the assembly developed a common constitution for a unified Germany, with the Prussian king as its monarch. The institution failed in 1849 when the Prussian king, Frederick William IV , declared that he would not accept "a crown from the gutter". Frankfurt lost its independence after the Austro-Prussian War in 1866 when Prussia annexed several smaller states, among them
4225-407: Was ranked tenth by the Global Power City Index 2011 and 11th by the Global City Competitiveness Index 2012 . Among financial hubs, the city was ranked eighth by the International Financial Centers Development Index 2013 and ninth in the 2013 Global Financial Centres Index . Its central location in Germany and Europe makes Frankfurt a major air, rail, and road transport hub . Frankfurt Airport
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