The past decade has sustainably transformed this sector. You will find greatly increased specialization, more complex products and new policy instruments and financial market regulations on the one hand, in combination with a strong trend towards consolidation on the other hand.
In addition, there has been a global image problem and a steadily decreasing half-life of information, actions and reactions of the international stock markets and the policy-making will.
Banks and insurance form the core of this industry. Also, there are the service industries around these two key sectors of the German economy: real estate, asset management and auditing.